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| | | ... across 26 countries and found personal savings and investments are expected to provide 42% of investor's retirement income, ahead of state provisions and workplace pensions. However, only 23% of investors said they were very confident about achieving ... |
| | | | Superannuation funds continue to grapple with their Retirement Income Covenant obligations, underscored by Australian Retirement Trust (ART) being the only fund that has successfully brought two products to market. This is according to J.P. Morgan's ... |
| | | | ... early in the year to effectively collect and report data from superannuation funds as part of its work under the Retirement Income Covenant. Treasurer Jim Chalmers released the reforms to help put as much focus on the retirement phase as there is in ... |
| | | | ... accessibility, with only a 'residual balance' of $250 required to process pension payments. The changes mean a HESTA retirement income stream member with a $50,000 balance will see the total of these two fees fall by more than 18% to $170 per year, the ... |
| | | | ... through new partnerships with superannuation funds, platforms and advice technology providers, aimed at making retirement income solutions more accessible. Offshore reinsurance annuity sales reached a record $1.2 billion, up 25%, while the group also ... |
| | | | ... disproportionately larger level of guaranteed income when switched on," van der Veen and Foster said. "This layered retirement income approach can help clients feel more confident about spending and enjoying their retirement, knowing part of their future ... |
| | | | ... said. "Our focus is on providing practical solutions that help members move confidently from accumulation into retirement income." CFS will launch its Retirement Income Optimiser later this year, a FirstChoice capability designed to help improve retirement ... |
| | | | The Association of Superannuation Funds of Australia (ASFA) has pushed back against criticism of the compulsory system saying it has delivered significant gains for retirement security and reduced pressure on the federal budget. ASFA chief executive ... |
| | | | ... been undertaking for decades, bringing together its research, policy engagement, and practical insights into retirement income under a single platform. "Challenger has been a leading contributor for many years with research, whitepapers, and policy ideas ... |
| | | | ... advisers who embrace a broader portfolio toolkit would be better positioned to manage the growing complexity of retirement income strategies as Australia's aging population continued to expand. "The next generation of retirement portfolios will be built ... |
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