... given that it takes effect from 1 January 2024, it is assumed that it will be. CPS 900 empowers APRA to implement an action plan (Resolution Plan) to manage or respond to a superannuation fund trustee's failure (or a failure that APRA considers likely ... Read more

... in retirement shows a growing number of retirees are compromising their quality of life. Many retirees and their advisers plan to spend roughly the same amount of real income each year - spending that keeps pace with inflation. In reality however, retirees ... Read more

... after a period of time, as they can in superannuation accounts. Investment bonds are also an excellent way to save for one of life's milestones, such as your children's education or buying a house. For example, investing in an education bond can ease ... Read more

... operational and strategic priorities, digital agenda and, importantly, ensure alignment with their culture and values. Funds that plan and engage early, both with internal stakeholders and the insurance market, are best placed to extract optimal outcomes ... Read more

Life insurers and superannuation trustees should be considering the design of their products and the commercial outcomes for policy holders and members along with their target market determinations. Whilst the Australian Securities & Investments Commission ... Read more

Despite the very long-term nature of the Australian superannuation system, investors can move between options and super funds on a daily basis. This liquidity mechanism afforded to investors means the liquidity profile of a fund cannot be ignored. But ... Read more

... without the added cost of unnecessary and expensive insurance like income protection," she says. "Our focus prioritises TPD and life insurance, as they are essential in the case of injuries or accidents that may occur on the job. This aligns with our ... Read more

... investments in a tax-effective manner to maximise the benefits for retirement. However, many people overlook how to effectively plan for the transfer of their SMSF assets to their beneficiaries when they die. As the popularity of SMSFs continues to increase ... Read more

... superannuation entities (RSE) licensees have published summaries of their retirement income strategies (RIS) on the internet. Plan For Life (PFL) conducted an initial online review of published RIS strategies and identified a large degree of variation ... Read more

... inflation threatens purchasing power. Ongoing market volatility and macroeconomic factors make it even more difficult to plan and manage retirement income with certainty. Challenger research shows more than 20 percent of Australians are concerned they ... Read more