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retirement income covenant
Superannuation
The review should address the optimisation of the income members receive in retirement, according to the Australian Institute of Superannuation Trustees....
Superannuation
The draft legislation will codify the obligation for superannuation trustees to have a retirement income strategy which outlines how they plan to assist their members....
Superannuation
Treasury's Retirement Income Covenant allows trustees to address member acquisition and retention challenges, following the introduction of ‘stapling’ as part of the Your...
Superannuation
In its submission on the covenant, KPMG has raised concerns for trustees relating to the difficulty in navigating the divide between general and personal financial produc...
Superannuation
The proposed retirement income covenant is to be welcomed but must not create administrative burden or add significant costs, according to the SMSF Association....
Superannuation
The paper has outlined what should be included in a retirement income strategy plan developed by trustees to assist members in achieving retirement income needs....
Superannuation
The Government has committed to progressing the deferred Retirement Income Covenant once the Your Future, Your Super reforms have been passed....
Superannuation
Smaller superannuation funds should be considering mergers or heading for the exit, according to a new report which suggests Australia’s optimal number of funds is 15, do...
Superannuation
Superannuation fund segregation of members’ assets into separate accumulation and pension pools is a critical decision for trustees and needs to come down too much more t...
Superannuation
The role and accountability of superannuation fund trustees must be reinforced, according to the Institute of Public Accountants....
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 ...