Australian superannuation funds plan to ramp up their allocations to international assets as they seek to diversify investments and boost returns, according to a NAB survey published last week. The NAB Superannuation FX Survey found that 72 per cent of Australian funds plan to increase their share of offshore investments over the next two years and are... Read more continue reading
05
Sep
2019
Superannuation funds need to get on the front foot and respond to the strategic challenge of developing good retirement solutions now, says global implementation specialist manager Parametric CIO Paul Bouchey. “Although superannuation funds can follow the Government’s legislative timetable to develop a Comprehensive Income Product for Retirement (CIPR) by 1 July 2022, that’s hardly an... Read more continue reading
04
Sep
2019
Just over a month since the Australian Government implemented its Protecting Your Super (PYS) reform package, new research commissioned by MLC Life Insurance reveals that nearly half (48%) of Australian superfund members have heard of the reform. These results come after a significant industry-wide campaign to raise awareness of the changes to life insurance inside... Read more continue reading
28
Aug
2019
The ability to influence the long-term sustainability of food supply chains and support the health of the planet, has driven First State Super’s interest the food and agricultural sector, according to Chief Investment Officer Damian Graham. Speaking this week in Sydney, Mr Graham said issues relating to production, utilisation and wastage would become increasingly critical... Read more continue reading
06
Aug
2019
Australia’s retirement income policy has been traditionally framed as having three pillars: superannuation, non-superannuation savings and the Age Pension. However, for many Australian baby boomers these three pillars provide inadequate resources to fund 25+ years of retirement. Will the government’s revamp of its Centrelink Pension Loans Scheme (PLS) fill the void? Household Capital discusses the... Read more continue reading
25
Jul
2019
Australia’s 3.8 million retirees should review their income generating investment strategy in light of the RBA’s second rate cut decision yesterday, according to Australian funds manager Plato Investment Management (Plato). While beneficial to homeowners and people trying to buy a home, rate cuts also see Australian retirees receive less income from their floating rate income... Read more continue reading
03
Jul
2019
About one-quarter of MySuper funds have cut their investment return goals over the past three years and more are likely to follow in the face of rising uncertainty, according to Frontier Advisors. Ageing demographics, falling productivity across developed nations, mounting geo-political risks, threats to global trade, and the impact of climate change are just some... Read more continue reading
27
Jun
2019
Australia’s retirement income policy has been traditionally framed as having three pillars: superannuation, non-superannuation savings and the Age Pension. However, for many Australian baby boomers these three pillars provide inadequate resources to fund 25+ years of retirement. Household Capital explains why it’s now time to include the fourth, and largest, pillar of retirement funding –... Read more continue reading
12
Jun
2019
Federal government changes to the Pensioners Loan Scheme allowing retirees to boost their income through a reverse mortgage on the family home are about to come into effect in the new financial year. The amendments to the existing Pensioners Loan Scheme announced in the 2018 federal budget have two key components making the scheme more... Read more continue reading
07
Jun
2019
There are over five million baby boomers (born 1946 to 1964). For most, a bright future awaits. After full-time work, it’s a stage of life which could span 25 years or more, so will the capital last? Longer, healthier lives against a backdrop of lower investment returns means Baby Boomers have two things to ponder:... Read more continue reading
24
May
2019
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