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...
The Financial Planning Association and the Association of Financial Advisers have cautioned against allowing a retirement income covenant trumping advice, but Challenger ...
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...
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...
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 ...
Mike Taylor writes that while other options may exist, annuitisation has become the preferred foundation for the development of Government approved retirement income prod...
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...
Major consultancy, KPMG, has urged that superannuation funds providing CIPRs be full licensed to provide financial advice....
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...
Financial advisers will need to be able to segment their client base to take full advantage of the CIPR regime, Paul Murphy writes....
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...
The Government has been warned that there are significant tax treatment shortcomings in draft legislation being contemplated to underpin the new MyRetirement regime capab...
The Government needs to ensure its social security settings do not have unintended consequences for the success of comprehensive income products in retirement....
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....