The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 19 results for "Retirement Income Covenant"|
|... pensions alone and will have to look at other solutions. The government's latest guidance on the Retirement Income Covenant released in July backtracked from Comprehensive Retirement Income Products. It told trustees to focus on income and demoted ...|
|... which is another key focus for the funds, particularly following the release of the government's Retirement Income Covenant position paper earlier this month. "It's one of our key priorities to look at what we can do better in that space... There ...|
|The government has released a position paper on the Retirement Income Covenant and is inviting submissions until August 6. Subject to the legislation passing, the government plans to have the covenant come into effect in July 2022. The new paper, released ...|
|... transitional period is due for a review in 2022. Hume also flagged with confidence that the long-awaited Retirement Income Covenant will be in force from 1 July 2022. "It is finally going to happen. The Retirement Income Covenant will be included in ...|
|... growing demand for these types of products that address retirees' long-term financial needs. The Retirement Income Covenant was introduced in the 2018-19 Budget but has been delayed significantly. It is due to take effect in mid-2022 as championed ...|
|The Federal Treasurer is confident that the Retirement Income Covenant will go ahead in mid-2022 despite several issues that need to be ironed out. In addressing the 2021 Council of the Ageing (COTA) National Policy Forum on Retirement Income this morning ...|
|... retirement savings." Hume flagged that the government will progress important reforms, such as the Retirement Income Covenant, that were put on the backburner when COVID-19 hit. It will work with the SMFSA soon to improve the retirement needs and strategies ...|
|... tabled to government by its independent panel on July 24 but still hasn't been published wider. The retirement income covenant, announced in the federal budget two years ago, was delayed from a 1 July 2020 start date to 1 July 2022. "[This is] to ...|
|The government is delaying the introduction of the retirement income covenant, due to the impact of COVID-19. Originally slated for introduction on July 1, the retirement income covenant has been delayed, with the government not yet in a position to ...|
|... retirement income strategies. The Government should reassess the benefits, costs and detailed design of the Retirement Income Covenant - including the roles of information, guidance and financial advice - and only introduce the Covenant if design imperfections ...|
| | |
Aware Super, AustralianSuper and Hostplus are set to appear before the Standing Committee on Economics' inquiry into common ownership on Monday.
| | |
ASIC is urging financial advisers to be well prepared for the new Design and Distribution Obligations regime, warning that there should be no surprises when it kicks into gear on October 5.
| | |
A long-serving Mercer superannuation executive has left the firm to focus on board directorships.
| | |
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy.
|Brought to you by|