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Where to for Australia’s retirement incomes policy?

  • On 05/11/2014
With the Financial System Inquiry (FSI) due to release its final report to the Treasurer within weeks, Rice Warner senior consultant Alun Stevens reaffirms the importance of superannuation funds delivering an effective, long-term default framework for retirement incomes. The much-anticipated final report of the Financial System Inquiry (FSI) is expected to be delivered to government […]
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The numbers behind superannuation’s fund choice leakages

  • On 25/10/2014
Rice Warner is putting the finishing touches on Part II of its inaugural Super Insights report, and the early findings give a window into the multi-faceted challenges facing Australia’s superannuation sector.   Super Insights derives from extensive data on some 9.1 million accumulation accounts, including retail, industry and public sector funds. Of particular interest in […]
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ASIC “Churn” report opens new questions on risk insurance advice delivery

  • On 22/10/2014
This month’s tabling of the much-awaited Australian Securities & Investments Commission (ASIC) report into personal advice on risk (life) insurance sales opens up a number of issues for the life insurance industry to consider.   Indirectly, the industry has been challenged to reinforce the fundamental need for appropriate, quality financial advice in respect of risk […]
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Watching the detectives: how superannuation fund administrators keep fraudsters at bay

  • On 09/10/2014
Perpetrators of fraud will generally seek and exploit any number of loopholes in order to scam money from their victims. In the superannuation arena, additional vigilance is needed to protect members from the threat of unwanted scams targeting the constant and attractive flow of Superannuation Guarantee monies.   The risk is constantly shifting. Indeed, new […]
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Investing for different phases of retirement

  • On 24/09/2014
Matching strategies, products and advice to specific demands of an ageing population is one of the greatest challenges facing the retirement sector in Australia today.  This article, by Michael Rice, gives his analysis of investing for the different phases of retirement.  It is an abridged version of his presentation at the 2014 Financial Services Forum. […]
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