AUSTRALIA - Superannuation minister Nick Sherry has urged Australians to focus on the medium to longer term rate of return from their superannuation funds, in a response to looming negative results for 2008.
He said the value of an Australian dollar in superannuation six years ago would be currently A$1.60, while one year ago it was A$1.70. He said that was still a good rate of return.
Proposed changes to The Pensions Regulator's (TPR) notifiable events framework so it can be more proactive when corporates make changes will create a very challenging workload, it has been said.
Aviva has created a new pension skill for Amazon Alexa that allows customers to find out how much they have saved towards their retirement.
PP has compiled a list of what to watch out for over the coming months.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.