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Showing 1 - 10 of 1072 results for %22Age Pension for%22

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... 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, ensuring ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... whether they're being provided suitable advice when accessing their pensions. It's been 10 years since the UK introduced the Pension Freedoms reforms that changed the way consumers access their retirement savings, giving them more choice around what ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... identified a cohort of members who may benefit from a lifetime income option supplementing an account-based pension and Age Pension. "A lifetime income option not only ensures members, and their partners, are able to have an income as they live, it may ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... 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 ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... "Breaking the seal on super leaves people poorer in retirement and costs every Australian taxpayer more from higher age pension costs," she said. SMC analysis found a 30-year-old couple who withdrew $35,000 each from their super could retire with about ...

Family offices still love hedge funds: Preqin

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
... allocation than endowment plans, foundations, investment trusts, corporate investors, wealth managers, private sector pension funds, government agencies, and public pension funds alike. Specifically, the report said family offices are showing interest ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... competitors for the year ending 31 January 2024. According to Rainmaker Information, the Vanguard Super SaveSmart - Lifecycle Age 47 and under investment option posted an 11.8% return for the period ending January 31. This comes as Vanguard Super announced ...

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
... 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 consideration to ...
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