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Showing 111 - 120 of 197 results for "Pensioner"

Super advocates urge caution on age access

AAP  |  TUESDAY, 20 MAY 2014
Superannuation advocates have urged the federal government not to rush any changes to the age at which people can access their retirement savings. Treasurer Joe Hockey has hinted the government could change the age at which people could access their ...

Budget reply speech 2014 -15: Bill Shorten

Advisers turn budget into opportunity to engage

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
Tech savvy financial planners have turned fears around the 2014/15 federal budget cuts into an opportunity to highlight the value of advice and engage with their clients on social media. The government's warnings before the release of the 2014 budget ...

Low income retirees to feel budget pain

JAMES FERNYHOUGH  |  THURSDAY, 15 MAY 2014
Pensioners on low incomes will be significantly worse off under the changes announced in Tuesday's budget, according to Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia (ASFA). Speaking at ASFA's post-budget briefing ...

Masseurs Tony and Joey

BENJAMIN ONG  |  WEDNESDAY, 14 MAY 2014
Phew! Well that wasn't so bad after all. Yes Virginia, if you didn't fall asleep listening to Treasurer Joe Hockey's budget speech last night - mainly because most of the measures Joey mentioned were already drip-fed to us days in advanced - you'll ...

Higher pension age to drive increase in early super releases

ALEX DUNNIN  |  WEDNESDAY, 7 MAY 2014
The government's decision to lift the pension age has raised the ire of advocates for manual workers but these workers represent only a minority of the workforce. According to the Australian Bureau of Statistics, 10% of Australia's 11.5 million labour ...

Age Pension to rise to 70 by 2035

MARK SMITH, JAMES FERNYHOUGH  |  FRIDAY, 2 MAY 2014
Treasurer Joe Hockey has confirmed that he plans to raise the Age Pension eligibility age to 70 by 2035 in the upcoming Budget. Confirmation came in an interview with Alan Jones on 2GB radio in which the two men were discussing the Commission of Audit's ...

Westpac exec gets ASIC ban after preying on elderly's finances

ALICE URIBE  |  WEDNESDAY, 12 MAR 2014
... in the form of cash bonuses on the loans, in addition to his base salary, despite knowing that they were elderly, a pensioner, a carer or suffering from a disability, and would not be able to repay the loan if the scheme failed. An ASIC investigation ...

Looming pension deeming rules "lack clarity"

ALICE URIBE  |  FRIDAY, 21 FEB 2014
... to 3%. The deeming rate was also 2% for financial investments up to $46,000 for single pensioners, andA $77,400 for pensioner couples. If the rules bill becomes law the deeming rules will include superannuation pensions, taking effect from 1 January ...

AUI Healthcare Property Trust added to North platform

MARK SMITH  |  THURSDAY, 5 DEC 2013
AMP has added the Australian Unity Healthcare Property Trust to its North platform. Australian Unity Investments head of retail distribution Damen Purcell said the move is a sign of the growth in demand for quality unlisted property investments that ...