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Showing 1151 - 1160 of 3876 results for "Pension"

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... model of retirement where the few are destined for a dignified retirement and the working classes are condemned to the Age Pension has no place in modern Australia," Fahy said. "Grattan want a welfare state where 70-80% of Australians will be relying ...

Retirement review goes off the rails

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... had already stirred the pot. Murray's submission suggests the super system be scrapped in favour of a more robust age pension, while ANU riled the industry super lobby by labelling the case for increasing the superannuation guarantee as "tenuous". University ...

ISA takes swipe at Grattan

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
... is the best policy tool for improving the adequacy of retirement incomes. "Increases to the SG will generate savings on pension expenditure," ISA said. "Rice Warner have estimated that the fiscal impact of an SG increase to 12% would be a reduction in ...

New ETF for ASX All Tech Index

KANIKA SOOD  |  TUESDAY, 25 FEB 2020
... looking to access Australian tech stocks. "It's very early days yet but we have seen inflows from big global investors [pension funds and wealth groups]. Stocks like Afterpay and Xero are phenomenal success stories but there are also smaller tech ...

Super tax concessions out of hand

HARRISON WORLEY  |  MONDAY, 24 FEB 2020
... Latest analysis of Treasury data shows superannuation tax concessions are growing so large they will soon rival the Age Pension. New Australia Institute analysis shows tax concessions in superannuation are almost as large as the cost of the Age Pension ...

SG increase will hurt women: NFAW

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
The National Foundation for Australian Women (NFAW) said increasing the super guarantee will hurt women and the age pension should remain a strong element of the retirement income system. In its submission to the Treasury the NFAW said the superannuation ...

China vaccinates against corona

BENJAMIN ONG  |  MONDAY, 24 FEB 2020
... facility rate from 3.25% to 3.15% three days earlier. In addition, as The New York Times published: "China will cut some pension contributions and insurance fees to help companies cope with the coronavirus, while firms in Hubei province, the epicenter ...

Former AMP, Synchron adviser charged

HARRISON WORLEY  |  FRIDAY, 21 FEB 2020
... property belonging to another. ASIC alleges Dick accessed and transferred around $1.1 million from the superannuation, pension and personal savings accounts of his clients to fund his personal lifestyle expenses. According to ASIC, the offences occurred ...

Lendlease, Canadian pension fund expand partnership

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
Lendlease and Canada Pension Plan Investment Board (CPP Investments) have announced a $155 million agreement to invest in a new building in South London. In 2018 the Australian property giant and CPP Investments committed to a $2.6 billion Build-to-Rent ...

Labor stands by super

HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
... income track record "speaks for itself", but noted the system needed improvement, pointing to difficulties processing pension payments and customer service issues at Centrelink. The Labor leader then turned to superannuation, which he called "a great ...