The Government has accepted a number of key recommendations of the Quality of Advice Review, paving the way for cheaper and simpler advice
ART shows commitment to advice by elevating the function to the executive level.
Digital advice tools are likely to form part of the solution to the advice challenge in relation to retirement. We speak with HESTA’s Josh Parisotto about the experience over the past 18 months since the launch of the tool, Future Planner.
Vanguard has launched its much, and sometimes anxiously anticipated low cost, passive investment superannuation range of products
AustralianSuper has elevated the issue of retirement to the executive level, creating the role of Chief Officer Retirement.
AMP has launched a comprehensive suite of retirement solutions that will only be offered through financial advisers. We speak to Ben Hillier about the philosophy behind the design
Retirement is quite a different kettle of fish than accumulation and it will take some time before it becomes clear which strategies are the right ones, a panel discussion at the recent JANA Annual Conference found.
APRA has no plans to issue detailed regulatory guidance on the retirement covenant, but expects funds to monitor their income strategies over time and improve it where necessary.
The Retirement Income Covenant is on track to start on 1 July this year, after Parliament passed a bill that wrote the covenant into legislation.