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Showing 1231 - 1240 of 1244 results for "retirees"

Government announces extension for DIY compliance

... April 2005. Mariner Financial Services technical services manager Kate Anderson said the backdown will be welcomed by retirees. "The measures in relation to the permissibility of SMSF's offering defined income streams were widely criticised at the time ...

Guaranteed retirement annunities at risk: Mercer

... test changes, announced in February and outlined in this month's Federal Budget, will take effect on Sept. 20, giving retirees little time to seek advice on establishing a complying pension that provides an assured income under contract, said Mercer ...

Mariner adds to Lifestyle Bond range

... to its recently launched range of seven, 10, 12 and 15-year Lifestyle Bonds, designed to help asset rich/income poor retirees plan their long-term cash flow. The new market-linked bond includes the option of payments above a regular cash flow based on ...

Labor says we were wrong on super blooper

AAP  |  WEDNESDAY, 17 MAR 2004
... yesterday forced to admit to an embarrassing bungle in its latest pensions promise and confessed it had no plans to pay retirees an extra $25-a-week. The opposition owned up to the mistake after Treasurer Peter Costello seized on Opposition Leader Mark ...

Study shows many Australian retirees on low incomes

AAP  |  WEDNESDAY, 17 MAR 2004
... found. Figures that validate growing concern in Canberra about the population's reliance on the age pension showed 70% of retirees are scraping by on $16,000 or less per annum. The vast majority of that $320 per week comes from the federal government ...

Costello unveils changes to retirement incomes

AAP  |  WEDNESDAY, 25 FEB 2004
Treasurer Peter Costello today unveiled plans to keep older people in the workforce longer and encourage retirees to take their superannuation savings as a pension rather than a lump sum. Outlining a key plank in the coalition's re-election strategy ...

Baby boomers to be urged to rethink early retirement

AAP  |  WEDNESDAY, 25 FEB 2004
... cornerstone of the coalition's re-election strategy. Costello is expected to push later retirement and measures to encourage retirees to exchange their superannuation savings for a pension, and not take the lump sum and run at age 55. A Treasury discussion ...

Mariner launches first retail product

... released its first product for the retail marketplace, Mariner Lifestyle Bonds. The bonds, aimed at retail investors and retirees, are a fixed-term investment that aims to provide income over the long-term. The group identified several features it said ...

ASFA welcomes government's super co-contributions announcement

... Another area of concern that the association has outlined is that savings for retirement by an ever-increasing number of retirees has to increase. "It is clear that the national savings desperately need to be boosted," she added.

ASFA strongly argues in favour of a cut in super contributions tax

... from our ageing population are greater than have been acknowledged," said Ms Smith. "Forecasts based on what current retirees spend and need systematically underestimate what future patterns will be. Baby boomers and the generations following them will ...