News : Pensions

Pensions

New income-for-life option from MLC

MLC Expand has launched the pension phase of MLC Retirement Boost, which provides individuals with a tax-free income for life.

MLC Expand has launched the pension phase of MLC Retirement Boost, which provides individuals with a tax-free income for life.

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Pensions, Retirement, Superannuation

Retirement phase guidance released

Large superannuation funds have been given guidance on how to roll out member-orientated retirement income solutions.

Large superannuation funds have been given guidance on how to roll out member-orientated retirement income solutions.

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Documentation, Pensions

Standing request helps TBC management

A standing request regarding the treatment of withdrawals from pensions can provide a more efficient method to manage a member’s TBC.

A standing request regarding the treatment of withdrawals from pensions can provide a more efficient method to manage a member’s TBC.

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Pensions, SMSF

Sector leading decumulation shift

A new study has found SMSF member drawdowns from their funds are now outweighing the contributions they are making to them.

A new study has found SMSF member drawdowns from their funds are now outweighing the contributions they are making to them.

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Pensions, SMSFA

Pension payment fix proposed

A legislative amendment should be made to deal with the need to recalculate pensions that have failed to make minimum payments.

A legislative amendment should be made to deal with the need to recalculate pensions that have failed to make minimum payments.

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Pensions, Retirement

Cost of living impacts retirement decisions

The rising cost of everything is seeing some Australians push back their retirement, according to a survey from Equip Super.

The rising cost of everything is seeing some Australians push back their retirement, according to a survey from Equip Super.

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Documentation, Financial Advice, Pensions, Retirement, Superannuation

Retirement status must be genuine

Overlooking whether someone has properly met a definition of retirement is an ethical and legal issue practitioners could face and should resist.

Overlooking whether someone has properly met a definition of retirement is an ethical and legal issue practitioners could face and should resist.

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Compliance, Legislation, Pensions, Regulation

Care needed with ceased legacy pensions

Commuted legacy pensions may still be assessed for age pension purposes and Centrelink has deployed staff to unpack how this may work.

Commuted legacy pensions may still be assessed for age pension purposes and Centrelink has deployed staff to unpack how this may work.

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