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Showing 111 - 120 of 165 results for %22Aged Care Act%22

Advisers looking for longevity and aged care solutions

ALEX BURKE  |  WEDNESDAY, 9 MAR 2016
Aged care and longevity risk in retirement planning are becoming key concerns for financial advisers, as demonstrated by the first Challenger Financial Standard Technical Services Forum. Challenger head of technical services Andrew Lowe spoke first ...

Actuaries Institute asks for FSI to be implemented

MARK SMITH  |  MONDAY, 15 FEB 2016
... assertion that changes to the retirement income system cannot be undertaken without consideration of age pension costs, aged care costs and all sources of potential funding, including retirees' housing wealth. "The Institute strongly supports the Government's ...

Healthcare needs flagged as investment opportunity

DARREN SNYDER  |  FRIDAY, 5 FEB 2016
If not clued in already, superannuation funds have been given another hint that addressing Australia's growing aged care and healthcare industries will become a priority. Australian Industry Group chief economist Julie Toth said healthcare was the sleeping ...

Ageing Australia will impact budget for next decade

DARREN SNYDER  |  FRIDAY, 29 JAN 2016
... time over the next decade," Fraser said. "Some of the key drivers of this change have been in critical programs like aged care, disability care and help for the unemployed and sick." The budget problem around an ageing population is one also faced by ...

Super's purpose under further scrutiny

DARREN SNYDER  |  FRIDAY, 22 JAN 2016
... also increase super's cost to the government due forgone tax income, as well as place pressure on ballooning health and aged care costs. At a doorstop interview in Canberra yesterday, Federal Treasurer Scott Morrison reiterated his line that super is ...

Seniors react to Commission's retirement housing idea

DARREN SNYDER  |  WEDNESDAY, 2 DEC 2015
... It is a sense of place for older Australians. But it is what they will draw from in times of crisis or when they need aged care," O'Neill said. "Australians would fiercely resist any government that forced them to take up reverse mortgages in retirement." ...

Aged care, gold opportunity for advisers

LAURA MILLAN  |  FRIDAY, 27 NOV 2015
More than half of the people who need to deal with aged care management find it either "somewhat" or "very difficult," an attitude that creates a gold opportunity for advisers to help their clients. The Association of Superannuation Funds of Australia ...

Aged care conundrum for superannuation

DARREN SNYDER  |  THURSDAY, 26 NOV 2015
... day two of the ASFA conference in Brisbane, Vamos also released a discussion paper on the interaction between super, aged care and health care. The paper says that by 2055, Australian government Aged Care expenditure is projected to rise from 0.9% of ...

Pension and retirement strategies a global problem

DARREN SNYDER  |  FRIDAY, 11 SEP 2015
... other countries, the local industry still faces challenges. "In the coming decades the increasing costs of health care, aged care and pensions will put significant strain on the national balance sheet and, like many countries, we're looking at the challenge ...

Government should super seed low income earners

DARREN SNYDER  |  MONDAY, 7 SEP 2015
... children." The proposal was made in ISA's latest submission to the federal government's Tax Review. If legislated, those now aged 25 to 29 and retiring in 2055 would potentially increase their superannuation balances between $72,000 and $168, 000 at ...