Post retirement

5 November

Post retirement

Rate cuts ‘kick in the guts’ for retirees

The reduction of the cash rate is a blow to fully and partly self-funded retirees and the Association of

1 October

Post retirement

Aged care needs to be self-funded through super

The aged care sector is already under stress and the super guarantee lift to 12% will help Australians fund their

The Association of Superannuation Funds of Australia (ASFA) has again called for more transparency around the way in which the financial services regulators spend their funding and for self-managed superannuation funds (SMSFs) to pull their regulatory wei

18 August

Post retirement

Retirement costs fall in June quarter

Petrol, electricity, gas, and water costs came down for retirees in the June quarter leading to couples aged 65

2021-01-29 00:30:00

Knowledge Centre

Themes driving the need for a more sustainable approach to investing

Sustainable investing is on the rise, and COVID-19 has only sharpened the focus of policy makers and investors...

Ausbil

To help provide greater security of retirement income and protection against outliving one’s savings, UniSuper has announced plans to launch a CIPR.

9 July

Post retirement

Should super funds be compelled to offer longevity products?

A senior actuary has canvassed the Government compelling superannuation funds to offer longevity products on the

New global data from Willis Towers Watson confirms the importance of superannuation to Australian asset management.

28 May

Post retirement

Strategic asset allocation not designed for retirement products

Strategic asset allocation relies on time to recover performance as it does not manage downside risk and this is

19 May

Post retirement

Self-funded retirees need assistance

Self-funded retirees who do not receive the Age Pension need more government assistance, according to the

2020-11-24 22:30:00

Knowledge Centre

Beyond the digital frontier

Secure, real-time data, insights and transactions accessible from anywhere are closer than you think – explore a...

Northern Trust

Rollover knows how often a chief executive’s key performance indicators (KPIs) are based on the degree to which they can grow their company’s market share, and so he tips his hat to the magnanimity of AIA Australia chief executive, Damien Mu.

30 April

Post retirement

Annuity ‘hate’ untrue

Australians are just as interested in annuities as they are with drawdown options but it is the amount of choice

13 February

Post retirement

Goal of Age Pension needs to be determined: Actuaries Institute

Should the Age Pension be a safety net or a guaranteed pillar retirees can rely on?

6 February

Post retirement

RBA’s decision not helpful for retirees

Despite the Reserve Bank of Australia’s decision to keep cash rates on hold, retirees might still face a hard time

12 November

Post retirement

Majority retirees don’t have a financial adviser

Most Australian retirees are not involved with any financial professionals and navigate their way through their

After six years Equip CEO, Danielle Press, will be leaving the fund for the Myer Family Company.

31 October

Post retirement

Means test changes an opportunity says Challenger

Challenger has confirmed that it is seeing more opportunities from the Government’s Age Pension means test changes

31 October

Post retirement

CIPRs holding back retirement income review

Excluding CIPRs from the review will allow the creation of sensible policy to develop faster, according to

24 September

Post retirement

Retirement income products need to be flexible and certain

Current solutions need to be simplified and include engagement with members and advisers.

Lift the bar on super objective says ASFA The Association of Superannuation Funds of Australia wants the purpose of super to be a comfortable retirement, not just a supplement to the Age Pension. The Association of Superannuation Funds of Australia (ASF

24 September

Post retirement

Retirees too conservative with spending

Drawdown rules and the industry’s current aim for retirement income promotes inappropriately low spending by

3 September

Post retirement

Don’t wait for Govt on CIPRs

Waiting for the Government to finally move on Comprehensive Income Products in Retirement risks denying

11 July

Post retirement

Call for deeming rate cuts as interest rate drops

The stagnation of deeming for the last four years is under scrutiny as the Reserve Bank’s second interest rate cut

30 May

Post retirement

Accountants seek voice in retirement advice provision

The Institute of Public Accountants has advocated an advisory role for accountants flowing from the Government’s

7 May

Post retirement

Regulation the biggest barrier to entry for new retirement products

Despite Australia having a comparatively limited retirement income product offering, a regulatory framework

7 May

Post retirement

Major parties on the same retirement income path

As far as retirement income policy is concerned, there are “some differences in style” between the Coalition and

23 April

Post retirement

Independent retirees claim inadequate ALP policy research

The Association of Independent Retirees is claiming the Federal Opposition simply did not do enough research on

16 April

Post retirement

Retirees call on politicians to stop changing super

The Association of Independent Retirees has called on all political parties to stop changing the rules of

Advisers and super funds must strive to change members’ thinking about their super as a balance in an account to an income stream that would provide for their retirement.

26 March

Post retirement

Just four per cent of members rolling funds over in FY2018

Despite the strong policy emphasis currently on superannuation account consolidation, research by Vanguard has

19 March

Post retirement

Investors again voice fears over dividend reform

Another survey, this time by the Australian Foundation Investment Company, has unsurprisingly found that many

The current default super regime has hampered women in engaging in their super, according to Financial Services Council chief executive, Sally Loane.

14 March

Post retirement

Women battle low confidence in retirement

Action is needed to lift women’s confidence in retirement, according to the Qantas Super CSBA Retirement

14 March

Post retirement

Decumulation about “health and wealth” spending

Superannuation in decumulation shouldn’t be about saving but rather about spending and key to this is putting

7 March

Post retirement

Home equity could help grow retirement savings

Putting equity from the family home could help retirees fund expenses, improve their income, and provide support

26 February

Post retirement

Key changes urged to Age Pension means test

The Institute of Actuaries has urged the Government to consider imposing a dollar cap on the value of the family

The retiree budget for those living a modest lifestyle has increased by 2.1 per cent leaving them to suffer the greatest cost imposts in retirement, according to the Association of Superannuation Funds of Australia (ASFA). ASFA’s June quarter retirement s

19 February

Post retirement

Actuaries back super funds developing retirement strategies

The Actuaries Institute has backed the legislative changes requiring superannuation funds to develop retirement

29 January

Post retirement

ASFA urges passage of key legislation

The Association of Superannuation Funds of Australia has urged the Senate to pass key legislation underpinning the

The Federal Treasury has been urged to undertake further consultation around the development of the Government’s comprehensive income products for retirement (CIPRs) regime amid concerns that its proposed settings risk significantly eroding any potential

6 December

Post retirement

Super funds need to be proactive on post-retirement products

New analysis from Rice Warner has urged super funds to become proactive on post-retirement product development

The Commonwealth Bank (CBA) is looking to pay at least $32,286,000 for customer and employee review and remediation actions. In an update on its reviews on products and processes, CBA said while these actions were key milestones, it was not an exhaustive

29 November

Post retirement

Tim Wilson to pit WAM against ACOSS on dividend refunds

The House of Representatives Standing Committee on Economics, Tim Wilson, will this Friday publicly compare the

29 November

Post retirement

90% negative on franking credits impact

Nearly 90 per cent of investors responding to a survey believe the Federal Opposition’s proposed removal of

Amid all the reportage of the multi-billion dollar bid for private equity ownership of Fairfax Media’s most desirable assets, Rollover noted that one of the major backers of private equity outfit, TPG, was the Ontario Teachers’ Pension Plan.

1 November

Post retirement

Dividend reform could put strain on aged pension

Nearly half of the respondents in a survey of over 1,400 investors by Plato Investment Management expect Labor’s

30 October

Post retirement

Planner warns on franking credits policy fallout

A senior South Australian financial planner has warned a Parliamentary Committee that middle-class retirees will

23 October

Post retirement

Retired renters at significant disadvantage

New research from Willis Towers Watson has confirmed that retired renters are at a significant disadvantage when

2 October

Post retirement

Better data needed on retirement costs

Longevity itself isn’t the problem when securing a comfortable retirement, but rather a lack of knowledge amongst

20 September

Post retirement

Govt to examine implications of scrapping franking credits

A Federal Government committee will examine the implications for investors if refundable franking credits were to

New research suggests little real progress has been made in getting Australians to engage with their super and plan for retirement.

18 September

Post retirement

‘One size fits all’ approach doesn’t suit retirement

Location makes a significant impact on the cost of living in retirement, but given fund members don’t receive

The retail funds industry has traditionally focused on clients aged 45 and over but this will need to change as baby boomers draw down on their wealth, which could potentially pose a threat to industry funds, according to Tria Investment Partners. The fir

11 September

Post retirement

Young Australians think $1.7 million is needed for retirement

New research commissioned by ING has revealed that younger Australians believe they will need as much as $1.74

Women in higher tax brackets have on average slightly higher super savings than men, according to the ATO.

11 September

Post retirement

ASFA recommends actions to close retirement income gender gap

Research from the Association of Superannuation Funds of Australia has reconfirmed that there is still a “

6 September

Post retirement

Gov’s backdown on pension age “a big win”

Key superannuation industry bodies have welcomed the Government’s decision not to proceed increasing the Age

9 August

Post retirement

Small balances to be key focus of CIPR proposals

The way in which small super balances will be handled under the proposed CIPR regime will be one of the key issues

17 July

Post retirement

Govt’s retirement income uncertainty a recipe for confusion

ANZ Wealth has warned that uncertainty over the form the Government’s intended new retirement income framework

The CommBank Retire Ready Index showed the average single Australian who doesn’t get the Age Pension would only be 46 per cent retirement ready.

26 June

Post retirement

Will CIPRs require compulsion?

Actuarial research house, Rice Warner, has suggested that an element of compulsion may be needed to ensure an

5 June

Post retirement

Change needed in approach to aged care work

The growing size of Australia’s older population means that we need “a major shift in the way we think about the

NAB Asset Servicing has launched a new product aimed at helping clients handle ASIC’s RG 97.

31 May

Post retirement

CSRI announces sustainable retirement income scorecard

The Committee for Sustainable Retirement Incomes has developed a sustainable retirement income scorecard to try to

24 May

Post retirement

Danish example could make retirement in Australia fairer

The outcomes of the Australian retirement system for the average income worker should be improved and Denmark’s

Financial advisers are seeking support on how the Assets Test change will affect their Age Pension eligibility, according to Challenger.

22 May

Post retirement

Does the Age Pension need an objective?

A new research paper has questioned whether the increasing importance of superannuation means that the role of the

A fundamental challenge for super funds using digital advice is the ability to define the scope and parameters of their advice offering, and how to manage conflicts, Decimal believes.

22 May

Post retirement

Pensioners prime market for robo-advice

There is considerable opportunity to provide robo-advice to pensioners seeking affordable, accessible and

10 May

Post retirement

Budget could help meet longevity needs

Super funds implementing lifetime retirement income policies need to consider retirees’ needs, including access to

Market Insights

Themes driving the need for a more sustainable approach to investing

29 January 2021

Beyond the digital frontier

25 November 2020

Finding sustainable companies that thrive

20 November 2020

Doing the right thing: ESG and EMD

30 September 2020

Andrew James McAlister

A much better name than MTAA, since its open for anyone. I like it.

Merged Tasplan and MTAA Super to be named Spirit Super 1 week 3 days ago

Sue

So, not as bad as the doomsayers were leading us to believe. Any chance of a public apology from...

Australian pension assets grow despite pandemic 1 week 5 days ago

Guy

So true - our people are our greatest asset. Just as our investors and members are. We need to...

Fund mergers highlight focus on people 3 weeks 3 days ago

Dave Peckitt

Hi do you have any info on financial planners in perth? I'm looking to consolidate my super...

Six superannuation consultancies prove stand outs 1 year 7 months ago

Anonymous

This is the most ill informed comment I have ever seen. Why on earth would you think Superannuation...

We aren’t anyone’s secretariat says AustralianSuper 7 months 3 days ago

Axl

That's 'toe the party line'.

We aren’t anyone’s secretariat says AustralianSuper 7 months 3 weeks ago