CIPRS

Superannuation

The Federal Government has moved to eliminate mistakes and oversights from its retirement income covenant at the same time as extending the deadline for funds introducing...

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Financial planning

The Financial Planning Association and the Association of Financial Advisers have cautioned against allowing a retirement income covenant trumping advice, but Challenger ...

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Financial planning

The Association of Financial Advisers has warned the Federal Treasury that Comprehensive Income Products in Retirement will not be as effective as ensuring people receive...

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Financial planning

The Financial Planning Association has blasted the Federal Treasury for seeking to push forward with a “retirement covenant” which it claims effectively mandates the crea...

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Financial planning

The Federal Treasury’s position paper dealing with the Government’s retirement income covenant has specified a positive role for planners in helping develop personalised ...

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Features

Mike Taylor writes that while other options may exist, annuitisation has become the preferred foundation for the development of Government approved retirement income prod...

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Superannuation

The industry funds believe fund trustees know best what will suit their members on Comprehensive Income Products in Retirement with safe harbour arrangements being needed...

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Financial planning

Major consultancy, KPMG, has urged that superannuation funds providing CIPRs be full licensed to provide financial advice....

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Features

The Government has moved further to facilitate the development of post-retirement products but, as Hope William-Smith reports, the provision of good advice will remain th...

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Features

Financial advisers will need to be able to segment their client base to take full advantage of the CIPR regime, Paul Murphy writes....

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Financial planning

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...

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Policy & Regulation

The Government has been warned that there are significant tax treatment shortcomings in draft legislation being contemplated to underpin the new MyRetirement regime capab...

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Superannuation

The Government needs to ensure its social security settings do not have unintended consequences for the success of comprehensive income products in retirement....

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JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

1 day 6 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

6 days ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 6 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago