Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 140 results for "Centrelink"

Expand PLS to all age pensioners: TAI

ALEX DUNNIN  |  THURSDAY, 18 SEP 2014
... position as a financial services provider is not unique, noted the TAI paper. "When [the] administrative efficiency [of Centrelink] is combined with the low borrowing costs for government and the very low risk profile associated with making loans secured ...

Could government issue its own annuities?

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
... government provision of longevity insurance products through existing distribution channels and payment systems (e.g.Centrelink or Australia Post) directly to consumers," it said. CEPAR also recommended that the government support the private annuity ...

Looming pension deeming rules "lack clarity"

ALICE URIBE  |  FRIDAY, 21 FEB 2014
... Pension for the same amount of assets as before the change. "Account based pensions are to be deemed and are included in Centrelink income test.A This can affect disability support pensions and other allowances," George said.

Aged care costs to rise as complexity increases

LAURA MILLAN  |  THURSDAY, 24 OCT 2013
... an accommodation bond." "Everyone who moves into an aged care home generally has their assets and income tested by Centrelink so the Department of Health and Ageing can work out what amount of fees that person should pay," Stander added. The Government ...

Government must lift annuities impediments: ASFA

JAMES FERNYHOUGH  |  WEDNESDAY, 9 OCT 2013
... products "to reflect the special characteristics of such products." ASFA also recommended a means test be applied by Centrelink exempting deferred annuities from the asset and income tests during the period prior to payment, and more uniform assessment ...

Rate cut impacts SMSFs, retirees

LAURA MILLAN  |  WEDNESDAY, 7 AUG 2013
... Advisers (AFA) chief operating officer Phil Anderson told Financial Standard. "The measure will also have an impact on Centrelink and other aspects across this spectrum, so the rate cut is another reason for clients to talk to their financial advisers." ...

Retirees could benefit from a vibrant annuities market

JAMES FERNYHOUGH  |  FRIDAY, 24 MAY 2013
... creating a "vibrant annuity market" as regulatory. Referring to governmental regulators including Treasury, ASIC and Centrelink, Asher said, "They barely talk to each other, they don't regard these things as important, they've done nothing over 20 years." ...

Zenith recommends Challenger Care Annuity

MARK STORY  |  FRIDAY, 7 DEC 2012
... received (the Deductible) is tax free; not included when calculating income tested aged care fees, and not included by Centrelink when calculating social security benefits. "The combination of a low risk fixed income stream for life with a Deductible ...

Tough turkey for retirees this Christmas

MARK SMITH  |  WEDNESDAY, 5 DEC 2012
... O'Neill added that the impact of interest rate movements on retirees is usually offset by regular adjustments to the Centrelink deeming rates upon which pensions are calculated. "With interest rates on a downward slide, its time for the federal government ...

Abbott government to index military pensions

ALEX DUNNIN  |  TUESDAY, 25 SEP 2012
... retired service personnel groups which have long campaigned for the indexing change. "If it's inadequate just to lift Centrelink pensions by the Consumer Price Index, it's even less fair to apply solely that index to those who have risked their lives ...