Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 105 results for "Retirement Income Review"

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... superannuation trustees to offer members targeted help, guidance, and advice (HGA) on issues outlined in the Retirement Income Review (RIC). The Actuaries Institute dialogue paper, Retirement matters, explained that such a framework would include support ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... are going to need to do more. One area of important need is financial advice." Jones explained that the Retirement Income Review found that only a quarter of those approaching retirement seek financial advice. "That means members are making big decisions ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... $181,000 in superannuation on average, while women have $139,000. Referencing the Grattan Institute and Retirement Income Review, higher super contributions are ultimately funded by lower wages, thereby making women poorer before they reach retirement. ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... because there is no requirement that a portion of super savings be taken as an income stream." "From the Retirement Income Review to the Retirement Income Covenant, and the work to define an objective of superannuation, there have been some excellent ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... equity is four times the value of superannuation for the median retired household," he said. "The federal Retirement Income Review led the way globally by including home equity among the three pillars of retirement funding and Australia has the world's ...

Treasury urged to consider housing in super objective

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... rates drop. Housing must be a central consideration of a successful retirement, it said, adding that the Retirement Income Review enforced the benefits of home ownership in retirement, saying the current retirement income system does not deliver for ...

Super heads support capping retirement balances

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... sensible conversation about tax concessions can be had, she believes there's room for discussion. "The Retirement Income Review showed that at $5 million, you're getting $70,000 of tax concessions per annum. That's more than the median income in Australia ...

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
... and assets as the Age Pension and super integrate will work together, he says. "It is complicated, the retirement income review said it's complex, I think within that there are some disincentives in the system so it's not quite as efficient as ...

Retired Aussies deserve more: Household Capital

CHLOE WALKER  |  TUESDAY, 26 APR 2022
... already saved over $1 trillion in home equity which could transform retirement outcomes. In 2019, the Retirement Income Review declared home equity the third pillar of Australian Retirement Funding. Now, from July, super funds must provide retirement ...

ISA uncovers disgraceful regional gender super gap

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... don't fix this inequity local mums will have to pay the price for decades to come." Likewise, a 2020 retirement income review found that paying the super guarantee on employer paid parental leave and the government's Parental Leave Pay could improve ...
PREVIOUS
NEXT