Search ResultsShowing 1 - 10 of 100+ results for "Age Pension"
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 ...
Treasurer courts retirees with new superannuation measures
KARREN VERGARA  |  TUESDAY, 2 APR 2019
... can make voluntary contributions to their super. "This will align the work test with the eligibility age for the Age Pension, which is scheduled to reach 67 from 1 July 2023," Frydenberg said. He is also proposing to increase the age limit for ...
New retirement loan launches
KARREN VERGARA  |  WEDNESDAY, 6 MAR 2019
... living expenses. Chief executive Joshua Funder said the loan combines a retiree's home equity, superannuation and Age Pension to provide adequate, reliable, lifelong retirement funding while the retiree continues to live at home. The loan can be ...
Super needs a clear objective: Cooper
HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... as opposed to meeting the objective. "Even if your objective was as simple as supplementing and replacing (the Age Pension) it's very hard to see how these changes are actually assisting the outcome." Cooper's point came full circle later in the ...
SMSFA turns up the heat on franking debate
HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... grown from $500 million to whatever it is...$5-6 billion." He said it would eventually force more people onto the Age Pension, and said many would use the money they had built up to give to their children before reverting to the pension. "It will ...
Actuaries Institute welcomes retirement income reforms
JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
... In doing so, the institute said it strongly supports the notion that trustees should consider eligibility for the Age Pension when considering a member's income in retirement. Income needs and spending patterns in retirement can and do vary ...
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