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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