A safe harbour option in MyRetirement products could hinder trustee flexibility, a panel has suggested....
CIPRs would provide best value for money if there was a modest compulsion to set aside an amount of a member’s retirement balance, according to Rice Warner....
While the CIPR regime aims to be a solution to the longevity risk that most Australians will face, CIPRs need to have enough incentive for a substantial take-up, Jassmyn ...
The take up of MyRetirement products will be reliant on incentives and the social security treatment surround the products must be favourable....
The Association of Superannuation Funds of Australia has criticised the Government’s CIPR framework as falling well short of what is required to achieve a useful outcome....
The Actuaries Institute has warned that a one size fits all approach will prove counter-productive with respect to the development of CIPRs....
Super funds have a unique opportunity to build dedicated investment products or insurance for health and aged care into CIPRs, according to Bravura. ...
The requirements surrounding advice given for CIPRs need to be reviewed to determine whether further guidance is needed to facilitate the provision of CIPRs, according to...
The Government has been warned that there are significant tax treatment shortcomings in draft legislation being contemplated to underpin the new MyRetirement regime capab...
The Federal Government has sought to effectively block the opportunity for people to use CIPRs arrangements as an estate planning tool....
The Financial Services Council’s Blake Briggs writes that the Government should not drag its feet on comprehensive income products in retirement lest it misses the Baby B...
The proposition for retirement income needs to be focused on instead of stellar investment returns in accumulation, Challenger believes....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...