Search ResultsShowing 1 - 10 of 100+ results for "Age Pension"
Retirement expert joins Milliman
KARREN VERGARA  |  WEDNESDAY, 13 FEB 2019
... that support the sector's new objective of providing income in retirement to substitute or supplement the Age Pension, it said. Former Milliman director of investment services Michael Armitage recently joined Mercer as head of investment ...
Labor reforms to increase welfare dependency
JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
... not saved for retirement at all. "For example, an SMSF couple in pension phase with $1 million in savings and no Age Pension can now enjoy an annual income of $60,000 a year of which $42,000 is dividend income and $18,000 is a franking credit cash ...
Curtain call for industry body after 96 years
JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... itself. As such, SCOA also provides support and information for seniors around dealing with Centrelink, Age Pension eligibility, the National Disability Insurance Scheme, general healthcare, aged care and elder financial abuse. According ...
Government needs to rethink CIPRs
KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... markedly affect a person's future wellbeing - sometimes irreversibly so - and can affect the Government's Age Pension liabilities." The Commission also said trustees do not always want to offer these products, and forcing them to do so may ...
Retirement income covenant consultation continues
KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... Stuart Robert said in October the deadline to provide income in retirement as a substitute or supplement to the Age Pension in the form of Comprehensive Income Products for Retirement (CIPRs) has been delayed from originally planned. Trustees ...
Advice firm runs rule over Labor policy
DARREN SNYDER  |  FRIDAY, 7 DEC 2018
... franking credit tax refunds, Philpot said this measure disadvantages those that currently fall just outside the Age Pension assets limit of $848,000 for a couple that own a home. "Over the longer term, while these changes decrease the ...
New Bill bolsters retirement income
KARREN VERGARA  |  THURSDAY, 6 DEC 2018
... It changes how the value of longevity products is calculated for the assets and income tests relating to the Age Pension, and provides fair and appropriate means test outcomes for all pooled lifetime income stream products, Mercer said. Senior ...
Women in Super ramps up "Make Super Fair" campaign
MICHELLE BALTAZAR  |  WEDNESDAY, 5 DEC 2018
... on SG contributions* Require Government to undertake and publish a gender impact statement for any changes to age pension or retirement income policy; ongoing tracking by WGEA of women's retirement gap. Women in Super is a national advocacy ...
For-profit lobbying leads to $53bn problem: AIST
HARRISON WORLEY  |  MONDAY, 3 DEC 2018
... years, as compared against those invested in a median MySuper product. The AIST fears the pressure on Australia's Age Pension costs will ramp up if choice super products continue to be allowed to play to different disclosure and reporting rules ...
Stop undermining franking credit refunds: Wilson
KARREN VERGARA  |  FRIDAY, 30 NOV 2018
... $6347 of franking credits per year, he said. "These individuals would lose this income if they were not on the Age Pension or part pension before 28 March 2018. People at this age are genuinely unable to return to the workforce to make up the ...
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