Post retirement

2 June

Post retirement

Cost of living increases for retirees

Data from ASFA shows the annual percentage increases in the comfortable budgets for Australian retirees are the

12 May

Post retirement

CFS launches campaign to ‘rethink retirement’

Colonial First State has launched a marketing campaign to encourage Australians to rethink their retirement from a

10 February

Post retirement

Inflation increases impact retiree budgets

Fuel and healthcare cost increases are driving the largest annual rises in budgets since 2010, according to the

2022-05-31 14:00:00

Knowledge Centre

Engagement, education, & supporting super members.

While the value of insurance in superannuation continues to be scrutinised, AIA Australia contends that engagement and education are key to balancing sustainability, suitability, and affordability for members.

AIA

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

10 February

Post retirement

Retirees’ mental challenge in shifting to decumulation

There is a “golden opportunity” for advisers to service those retire-ready Australians, according to Vanguard, as

17 December

Post retirement

Citi and IFM invest $300 million into Household Capital

Citi and IFM Investors have invested $300 million into Household Capital’s securitisation debt facility to help

2 December

Post retirement

Retirement income products should not need advice: panel

Superannuation funds and product providers creating retirement income products should look to create effectively

25 November

Post retirement

Opportunity to mitigate retirement risk

About 11% of financial advisers use longevity products for retiree clients, while 50% use a cash bucket investment

With many claims involving significant sums of money, trustee decisions about who qualifies as a beneficiary and who doesn’t can have life changing impacts on individuals or family members at a time when they may be at their most vulnerable. And with the

23 November

Post retirement

APRA chooses engagement over retirement solution guidance

The prudential regulator will not be issuing extensive or detailed guidance on retirement income solutions in the

14 October

Post retirement

Advisers key to retiree happiness and wellbeing

Financial advisers need to incorporate drivers of satisfaction into the advice process and portfolio construction

Institutional investor sentiment has improved in North America and Europe but Asian investors remain cautious.

15 September

Post retirement

Australia retains top 10 retirement rating

Some 40% of people think it will “take a miracle” for them to retire securely, according to Natixis Investment

24 August

Post retirement

Cost of retirement up in June quarter

The cost of retirement went up again in the June quarter by 2% to 3% on average, compared to a year ago, according

20 May

Post retirement

Cost of retirement up in March quarter

Petrol prices, as well as the cost of eating out and entertainment, saw the cost of retirement increase during the

Research house Milliman has added its voice to calls for a move away the Association of Superannuation Funds of Australia (ASFA) comfortable retirement standard to a more personalised member approach. At the same time as universities-based industry fund,

11 May

Post retirement

Guided choice framework needed for better retirement outcomes

Funds could help guide members into making better decisions for their retirement by using a guided choice

European and North American institutional investors have demonstrated increased caution in August, according to the latest State Street Investor Confidence Index (ICI). The data, released this week, revealed the index decreased by 2.1 points to 106.8 with

29 April

Post retirement

Group self-annuitisation products could give retirees spending confidence

Pooled annuities provide members with lifetime income and almost eliminate individual longevity risk, according to

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

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

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

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

Market Insights

Engagement, education, & supporting super members.

1 June 2022

GP

Personally I'm not in favor of this legislation but not for the reasons of the alarmist media...

Super for housing will torpedo funds’ returns 1 month 1 week ago

OknFD

"In comparison with the majority of other wagering sites, 1xBet Betting Company sets itself up...

Budget changes fall short of objectives 2 months 2 weeks ago

ay

What a surprise. Get out of Super you meddling incompetent fools.

Problems loom for conservative choice products in performance tests 3 months 3 weeks 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 2 years 11 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 1 year 10 months ago

Axl

That's 'toe the party line'.

We aren’t anyone’s secretariat says AustralianSuper 1 year 11 months ago