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Showing 1 - 10 of 1274 results for "The Age"

Mine Super cuts fees, updates investment options

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
... Meanwhile, Mine Super is simplifying its Lifecycle Investment Strategy from 16 stages down to three. From May 20, members under the age of 50 continue to be invested in a high growth strategy, however, members aged 50-54 will be invested in growth, and ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... Bill would promote intergenerational fairness, ensuring young people don't experience higher tax obligations to fund the Age Pension. The Australian Council of Trade Unions (ACTU) praised the Bill for enshrining "fundamental principles" of superannuation ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
AustralianSuper and life insurer TAL have joined forces to create a new 'income for life' retirement option. The engagement extends a longstanding partnership between TAL and AustralianSuper to now support members' financial choices in retirement. ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... investments of the strategy from Balanced, Retirement and Cash Pools to High Growth, Balanced and Cash Pools. Updating the age at which we transition and how we transition investments between the Pools," ART said. ART said it would be changing the investment ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... make contributions for services to enjoy a dignified experience in aged care." Further, it said: "The taskforce suggests the Age Pension status of the participant, with some additional tiers for part-pensioners and non-pensioners, would be a fair and ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... there are other simple yet effective ways women can help curb financial stress in the future. Contributing to super from the age of 30 at an additional pre-tax $25 every week, for example, will result in an additional balance at retirement of $50,000. ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... mid-2060s when the last of those who accessed the scheme, currently aged in their 20s, begin to retire and qualify for the Age Pension. These costs are borne by future taxpayers, either explicitly via an increase in taxes or implicitly via a reduction ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
Analysis shows an annuity that pays an income equivalent to the Age Pension would cost a retiree more than $500,000. In researching whether annuities could solve superannuation's need for better retirement income stream solutions, Rainmaker Information ...

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... settings are in place to help people save for retirement and ultimately take pressure off the taxpayer by reducing demand for the Age Pension, so those who are in a position to make use of the increased limits next financial year should give serious ...

Younger Aussies embracing SMSFs, guidance needed

CHLOE WALKER  |  WEDNESDAY, 21 FEB 2024
... Class, which found that Gen X and Millenials represent 74.6% of all new SMSF establishments. What's more, women in the age bracket 35-44 are the biggest movers. She said the research suggests younger generations are seeking greater control over their ...
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