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Which longevity product yields the highest income?
KANIKA SOOD  |  FRIDAY, 20 NOV 2020
The report modelled average annual retirement income from three types of longevity products for retirement income. Here's what came out on top.
Retirement income failing Aboriginal, Torres Strait Islander people
ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
Creating equitable retirement outcomes in Australian society should be an objective of the retirement income system, but the Retirement Income Review raised concerns about some falling through the gaps.
Labor, unions, industry funds seethe
ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The opposition party, Industry Super Australia (ISA) and unions have criticised the Retirement Income Review and say the super guarantee (SG) must rise.
Super tax structure less progressive: RIR
ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
The Retirement Income Review has labelled the superannuation taxation system as "flat" and less progressive than the individual income tax system.
SG rise no real benefit to women: Review
JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
While not making explicit recommendations, the Retirement Income Review has warned against increasing inequities already in the system, citing that a rise in the super guarantee would benefit men more than women.
Kogan execs chase big bonuses
ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
Online retailer Kogan, which has recently expanded into superannuation, has faced shareholder revolt over the bonuses it wants to pay its executives.
SG verdict: Choose your own adventure
KANIKA SOOD  |  FRIDAY, 20 NOV 2020
In a catch 22, the final report says keeping SG at 9.5% will shrink Australian's final retirement balances by 12-18%, but increase working-life income by 2%.
Frydenberg unveils Retirement Income Review
KARREN VERGARA  |  FRIDAY, 20 NOV 2020
The federal government's landmark review into the nation's retirement income system left no stone unturned in examining the "complex" structure but fell short of making any recommendations.
Treasury expected to release retirement review
KANIKA SOOD  |  THURSDAY, 19 NOV 2020
Nearly four months after Treasury received the Retirement Income Review's final report, it is expected to be released to the public tomorrow.
Industry fund names new group insurer
JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
Australian Catholic Superannuation and Retirement Fund has ended its longstanding relationship with OnePath, naming a new group insurer to take over in the New Year.
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