Search Results | Showing 31 - 40 of 593 results for "Age Pension" |
| | ... mitigate inflation risk. "For many retirees, the optimal retirement income strategy will comprise a tailored mix of Age Pension, ABP, and a lifetime annuity," it said. "Adjusting this mix can therefore be just as important as rebalancing allocations ... |
| | | ... buffer during market instability. Further, clients can now opt for fortnightly payments, aligning with their Centrelink Age Pension payments or alternating fortnights. Generation Life general manager of retirement solutions Patrick Clarke said: "Our ... |
| | | ... It's only a matter of time until a superannuation-like levy is proposed. Payments to seniors, which in the main are Age Pension payments and aged care expenditures, are meanwhile growing strongly but only by 7% each, which pretty much matches the ... |
| | | ... showed that only 42% of participants are confident about having enough super for retirement, while 43% believe the Age Pension will suffice if their super savings deplete. Delving further into consumer choice and behaviour, the survey indicated that ... |
| | | ... implemented. Tax breaks on super currently cost about $45 billion a year and are estimated to surpass the cost of the Age Pension by 2036. As previously flagged Grattan wants to see super earnings in retirement taxed at 15%, pre-tax contributions of ... |
| | | ... The final recommendation involves improving how super interacts with other parts of the retirement system like the Age Pension. Annual benefits paid out by superannuation as retirement income would be 10% higher each year, increasing to $38 billion more ... |
| | | ... would this extra money improve the quality of life for individuals at retirement it would reduce the burden on the age pension," ISA said. The federal government has alluded to extending the Fair Work Commission powers to establish a minimum set of employment ... |
| | | ... to embed this in the law," said ISA chief executive Bernie Dean. The scheme has also increased the taxpayer-funded age pension burden, with every $1 taken out of super resulting in up to $2.50 extra added to future pension costs. "Having super's ... |
| | | ... since the early 1990s, ASFA chief executive Martin Fahy said. For retirees, falling real wages have meant that the Age Pension payments have not benefitted from adjustments linked to wage increases. "These ongoing pressures on retiree budgets have caused ... |
| | | ... percentage of people with very high balances." "Our modelling shows that the average person, with the support of the age pension, only needs $258,000 in super to maintain their standard of living in retirement; those people won't be affected by these ... |
|