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Showing 91 - 100 of 182 results for "Older Australian"

Labor responds to 'unfair' Budget

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
The Labor Party said pensioners and working Australians will be most disadvantaged by this year's Budget proposals. Opposition Leader Bill Shorten said the Liberal Government's budget is "unfair" and favours big business. In a series of Tweets, Shorten ...

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Working baby boomers who also receive age pensions will now be able to earn up to $300 a fortnight before the Government starts to trim their pension payments. The 2018 Budget initiative formed part of Treasurer Scott Morrison's $258.6 million baby ...

FASEA consultation could sway retirement outcomes

JAMIE WILLIAMSON  |  MONDAY, 9 APR 2018
Challenger is calling on the Financial Adviser Standard and Ethics Authority to consider the substantially different financial risks and challenges faced in retirement compared to the accumulation phase of super when consulting on its new standards. ...

Industry welcomes pensioners' dividend tax policy exemption: Poll

KARREN VERGARA  |  TUESDAY, 3 APR 2018
The Labor Party's move to protect aged pensioners from its proposed excess dividend imputation credit reform is welcomed by the majority of the industry, Financial Standard's latest spot poll shows. Prior to shadow treasurer Chris Bowen announcing pensioners ...

NAB launches super virtual assistant

KARREN VERGARA  |  FRIDAY, 16 MAR 2018
NAB has launched a digital assistant that helps MLC members engage with their superannuation. Available on Google Home devices, Talk to MLC answers 15 common questions members ask: such as how to open an MLC account, find lost super and change investment ...

Boutique aims to tackle retiree housing affordability

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2018
A boutique asset management firm is hoping to raise more than $9 million to acquire a Queensland retirement village, providing affordable housing for older Australians receiving government assistance. Hamilton Asset Management is looking to raise $9.06 ...

Major banks overlooking elder abuse

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
The Australian Bankers Association and the four major banks aren't doing enough to prevent elder financial abuse, particularly within branches where they are most vulnerable, an advocate group said. Michael Riley, chief executive of not-for-profit organisation ...

Industry funds must renew aged care investment focus

EMMA RAPAPORT  |  FRIDAY, 10 NOV 2017
One of the top national lobby groups for older Australians has called for more involvement from industry superannuation funds in the aged care sector. At a roundtable hosted by Industry Super Australia and over 50s consumer group Council on the Ageing ...

No longer doing it for the kids

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2017
Leaving an inheritance for children is no longer a priority for retirees although seeking out financial advice to help navigate retirement is of high importance. Latest research from Challenger and National Seniors Australia shows 3% of over-50s intend ...

ASIC targets retirement products and services

KARREN VERGARA  |  MONDAY, 4 SEP 2017
The corporate regulator has formed an internal working group to address financial issues of older Australians. In its 2017-18 Corporate Plan, ASIC highlighted it will examine financial products and services provided to older Australians - especially ...