Search ResultsShowing 1 - 10 of 100+ results for "Age Pension"
SG below 10% fails super objective
HARRISON WORLEY  |  FRIDAY, 7 JUN 2019
... fail its primary objective. Pointing out compulsory super was designed primarily to substitute or supplement the Age Pension, Rice Warner said the system's objective was broad, and did not deal with adequacy. However, it said "intuitively" the ...
Navigating the new Pensioners Loan Scheme
KANIKA SOOD  |  THURSDAY, 6 JUN 2019
... according to AMP's modelling. "Part or full age pensioners can borrow the difference between the current age pension and the maximum 150% rate. For example, a single person on a full age pension of $24,000 could borrow up to $12,000 each ...
Labor policies boost superannuation agenda
KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... on paid parental leave and considering targeted government contributions for low-income earners; Keeping the Age Pension qualifying age or superannuation preservation age as is; Implementing a robust industrial-based default fund selection ...
Labor proposal targets low income earners: Association
ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
... credits should remain. Rice Warner executive director Michael Rice said: "The present value of the maximum Age Pension for a couple who retires at 65 today exceeds $800,000." He argues that, while most retirees will eventually become ...
Retirees to fall short: Research
HARRISON WORLEY  |  MONDAY, 29 APR 2019
... director Norman Morris said these intending retirees would be likely to rely on government benefits like the Age Pension "for some time yet." "A major problem facing the Australian government and individuals is how to fund the retirement of an ...
Income only falls by 11% in retirement: Grattan
KANIKA SOOD  |  TUESDAY, 16 APR 2019
... Grattan said. "Many low-income Australians will get a pay rise when they retire, through a combination of the Age Pension and their compulsory superannuation savings." Grattan thinks the Government should scrap the legislated plan to boost the ...
Retirement funder partners with ME Bank
KARREN VERGARA  |  FRIDAY, 12 APR 2019
... to meet retirement funding needs from a combination of superannuation, the savings in their home and their Age Pension. "Retirees want to stay at home, but many are struggling to make ends meet as they age." Home equity for example, can also ...
Inquiry denounces franking credit ban
HARRISON WORLEY  |  FRIDAY, 5 APR 2019
... found the ALP policy was "inequitable and deeply flawed", and added the policy will see more people rely on the Age Pension. "In particular, abolishing refundable franking credits will unfairly hit people of modest incomes who have already ...
Ageing population poses budget threat
ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... in spending represents a projected greater demand for government programs that support older Australians - the Age pension, aged care and health. The report says there will be a steady increase towards the 2028 spending numbers. The old-age ...
Federal Budget: Industry responds
HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... addition to the tax concessions, to boost retirement saving potential and in turn, reduce future pressure on the age pension and support better financial futures for all Australians." The Australian Institute of Superannuation Trustees were more ...
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