Search ResultsShowing 1 - 10 of 100+ results for "Retirement income"
Labor policies boost superannuation agenda
KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... Eva Scheerlinck commented that Labor's package would improve the fairness and sustainability of the retirement income system. "Key Coalition superannuation policies were more limited and would largely benefit wealthier individuals with the ...
Labor proposal targets low income earners: Association
ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
... $58,528. The Grattan Institute said the average Australian taxpayer makes just $43,574. The median annual retirement income in Australia, according to SuperGuide, is $35,189. SuperGuide advises an annual income of $42,953 would provide a ...
Rush of advisers sign up before FASEA deadline
ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... place with $111 billion for 16.2% followed by CFS with 15.7%, MLC with 12% and Macquarie with 11%. The fastest growing platform products were NAB-owned Plum Retirement Income, AMP-owned MyNorth and the IOOF-owned Pursuit Focus Allocation Pension.
Former Labor MP joins SMSFA
HARRISON WORLEY  |  THURSDAY, 18 APR 2019
... its advisor members is the best way to serve the 1.1 million people who opt to take control of their own retirement income strategies," she said. Ripoll's appointment is set to be the first of a series for the SMSFA; the association flagged it ...
Super leaves retirees vulnerable: Research
HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
... to action that addresses consumer needs and improves the comfort and confidence of retirees." Challenger retirement income chair Jeremy Cooper agreed, and said while the system was "doing a good job" of helping Australians save for their ...
Income only falls by 11% in retirement: Grattan
KANIKA SOOD  |  TUESDAY, 16 APR 2019
... workers will only cop - at worst - an 11% fall in their income after retiring. The think tank updated its retirement income projections to reflect the 2015-16 ATO taxation statistics and an adjustment to how voluntary pre-tax super contributions ...
Franking changes feared by shareholders
HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
... for medical expenses and buying groceries. "In this context, it would be very disappointing to see this retirement income stream taken away from them," he said. Freeman also pointed to the continued faith retail investors placed in Australian ...
Allianz Retire+ launches flagship product
KARREN VERGARA  |  TUESDAY, 12 MAR 2019
... of consultants and research Cassandra Crowe flagged at Financial Standard 's Best Practice Forum on Retirement Income last year the benefits of the new product . Future Safe was launched to meet the needs of retirees by providing access to ...
Amendments to retirement income law assent
HARRISON WORLEY  |  MONDAY, 11 MAR 2019
A bill amending retirement income legislation is now law, with several changes made to the legislative framework surrounding retirement income and social security receiving Royal Assent late last week. The Social Services and Other Legislation ...
Interest in early access to super rises
JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2019
... "However, super benefits can be accessed as a tax-free lump sum during this period, or used to commence a retirement income stream, which receives both a tax exemption on earnings, and has no maximum pension restriction." It may be more flexible ...
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