Search Results | Showing 1 - 10 of 81 results for "Retirement Income Covenant" |
| | ... savings with not drawing down too slowly and living more frugally than necessary, the report said. The Retirement Income Covenant (RIC) aims to improve outcomes for members, but funds lack complete information on their members. As such, trustees must ... |
| | | ... through to us?" she said. One example is the federal government floating the possibility of making the Retirement Income Covenant applicable to SMSFs. "I don't know that it should but, clearly, it's going to be [mandatory] for APRA-regulated ... |
| | | ... retirement income certainty preferences, hindering effective retirement assistance and compliance with Retirement Income Covenant obligations, research by Capital Preferences and Challenger reveals. The survey of 4000 Australians showed 78% feel unprepared ... |
| | | ... guidance in the coming months and will also review RSE licensees' self-assessments in relation to the Retirement Income Covenant and ASIC and APRA's joint report on progress of implementation from July last year. Following that, it will engage with entities ... |
| | | ... investment returns," it said. State Street, however, sees a silver lining in retirement income policy. The Retirement Income Covenant, with its objective to maximise, safeguard, and provide flexible access to retirement income, marks a step in the right ... |
| | | APRA has lifted the lid on the key sustainability challenges of group life insurance in superannuation, notably premium volatility and data availability. At the end of 2022, APRA conducted a survey involving RSE licensees, life insurers, and reinsurers ... |
| | | ... members' retirement needs and provide products and services tailored for their retirement. Under the Retirement Income Covenant, trustees must undertake an analysis of members to assess member outcomes that could nudge them towards settings that better ... |
| | | ... alleviating the challenges faced by superannuation trustees as they balance their responsibilities under the Retirement Income Covenant (RIC) to support members in retirement and navigate the intricate landscape of financial advice regulations. Actuary ... |
| | | ... last, and design products that will help with that," she said. Previtera acknowledged the impact of the Retirement Income Covenant (RIC), which increased scrutiny on super funds. She said it's something NGS has been across since its inception. "For ... |
| | | ... Cole noted the recent examination by APRA and ASIC on 15 trustees' progress in implementing the Retirement Income Covenant that found that while trustees are working to improve retirement strategies for fund members, the pace lacked the urgency the ... |
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