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Showing 91 - 100 of 323 results for %22Aged Pension%22

Super delivers for the masses: Challenger

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... effective and delivering objectives for retirees - but it is still leaving some members behind. Citing APRA figures, members aged 65 and over have $800 billion tucked away in superannuation accounts. Members in a not-for-profit fund tend to retire with ...

How key is gender in retirement outcomes?

HARRISON WORLEY  |  TUESDAY, 18 JUN 2019
... integrated system of retirement". Taking the crowd through current trends such as shifting work patterns and Australia's growing aged care costs, the presenters also ran through several opportunities for potential reform. Simplifying the Age Pension ...

More Australians retire with big mortgages

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
... guarantee - to help older Australians live independently and at a good standard of living without having to rely on the aged pension," Wood said. "If growing numbers of Australians take on debt later in life and use part of their superannuation to pay ...

Navigating the new Pensioners Loan Scheme

KANIKA SOOD  |  THURSDAY, 6 JUN 2019
... modelling The two key changes to the scheme mean that first, it will now be open to self-funded retirees as well as full aged pensioners (as opposed to just eligible pensioners previously) and second, the amount available to borrow has increased to up ...

Australians retire too wealthy: Grattan

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... modelling for looking at single people as about 70% of people retire as part of a couple and that influences their aged pension entitlement considerably. As a couple, individuals get much less pension income each. For this reason, he argued the Grattan ...

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... July 2019. They join the ranks of AustralianSuper members, who will pay more for life insurance from 1 June 2019. Members aged between 15 and 64 years old assessed under standard rates will be hit with the following fee schedule: death and TPD will rise ...

Compulsory super detrimental: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... determining whether someone has a comfortable retirement. For homeowners and non-homeowners receiving the full rate of the aged pension, homeowners have approximately nine times the net worth of non-homeowners, Cowan writes. Using that statistic, CIS ...

Life expectancy declining: KPMG

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
... median life expectancy has fallen by 0.2 years for current pensioners and 0.1 years for future pensioners. A current pensioner aged 65 for example, is expected to survive a further 21.9 years on average. However, a future pensioner currently aged 45 ...

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
... make ends meet as they age." Home equity for example, can also be used to fund in-home care and support the transition to aged care, he said, adding this approach also enables the transfer of home equity between generations to fund first-home buyers' ...

Ageing population poses budget threat

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... spending represents a projected greater demand for government programs that support older Australians - the Age pension, aged care and health. The report says there will be a steady increase towards the 2028 spending numbers. The old-age dependency ratio ...