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Showing 1 - 10 of 55 results for %22Real Lifetime Pension%22

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
... members spend more in the early stages of retirement with confidence, as well as have enough to last throughout their lifetime. "Easy Default is an account-based pension product and the first important plank of what NGS Super is doing in the retirement ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
... should respond to inflation, the report said there are several points on which most experts agree. "Equities deliver the best real growth over the long term," it said. "One obvious response to an inflationary shock is to pursue growth that exceeds inflation." ...

Retirees feel the brunt of inflation: Challenger

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
... rising inflation as they explore retirement income solutions for their clients. Challenger said that inflation erodes the real value of income for a retiree, even with moderate levels of inflation. "There isn't much difference in the early years, but ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... "Even modest rates of inflation can hamper a retiree's lifestyle; with inflation of only 2% a year, one-quarter of the real value of the nominal income is lost after 14 years," the report illustrated. Further, it highlighted that the risk from moderate ...

AMP debuts hybrid retirement solution

ANDREW MCKEAN  |  TUESDAY, 18 OCT 2022
AMP has launched MyNorth Lifetime, a new suite of solutions available through the North platform that combines an account-based pension with the lifetime cashflow features of annuities. The MyNorth Lifetime Income account is a flexible pension account ...

Time to throw out the antiquated lifetime annuity mindset

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
... with guarantees, investment-linked, linked to a single investment and market-linked products." Hackett noted that there's real change afoot in the product set when it comes to lifetime annuities. Moreover, he's expectant of strong legislative tailwinds ...

Accountants lobby for 10 budget reforms

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
... replaced with a lifetime contribution cap and provided for joint spousal super accounts. "The superannuation 'glass ceiling' is real, and these two steps could go a long way to making things fairer for women, allowing them to make more contributions ...

Why advisers must understand Retirement Income Covenant

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 SEP 2021
... specifically apply to them. He suggested that going forward, these reforms will require advisers to think more deeply about lifetime income streams. "When I talk about these lifetime income streams, these long-term arrangements, it's important to understand ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... mortgage and is available to assist older Australians who wish to boost their retirement income by unlocking equity in their real estate assets. "Under the Coalition, Australian seniors will always have more control over their money," treasurer Josh ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... question. "There is no government system in place that can help people in our situation. Our financial future, after a lifetime of hard work, looks bleak," he said. Another noteholder, Nickie, emigrated to Australia from New Zealand with her husband ...
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