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Showing 1331 - 1340 of 8613 results for "Lower"

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... digestible measures as imperfect as they might be." Further, if two members are getting the same outcomes, the one paying lower fees is ultimately "happier", Mulino said, so the onus is on super funds to justify charging sustained high fees, notwithstanding ...

Super sneaks back to $3tn in assets

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... JobKeeper payments and increased by 4.1%. Benefit payments for the September 2020 quarter of $33.9 billion were slightly lower than the $36.9 billion paid during the prior quarter. Benefit payments for the year to September 2020 were $112.3 billion ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... US$55 per tonne FOB, rather than by the end of the June quarter 2021 as assumed, nominal GDP could be around $24.8 billion lower than forecast in 2020-21 and $0.6 billion lower in 2021-22." "This would result in a decrease in tax receipts of around $2.6 ...

Aussie dividends lag on global stage

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... with cuts from the banks making a particularly large impact," Janus Henderson said. "Special dividends were significantly lower compared to last year, so the underlying fall was less severe at 40.3%." Janus Henderson said the heavy reliance on banking ...

Retirement income failing Aboriginal, Torres Strait Islander people

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... about some falling through the gaps. In 2018, the median super balance for Aboriginal and Torres Strait Islander men was 59% lower than that of all men - $25,000 as opposed to $60,635. Aboriginal and Torres Strait Islander women had balances 50% lower ...

Imbalance in generational retirement income: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... retirees to spend more of their savings in retirement would reduce inequality for future generations as inheritances would be lower rather than dying with the majority of wealth. "If most people continue to die with the majority of the wealth they had ...

Super tax structure less progressive: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... earnings. "Over their lifetime, cameo modelling shows higher-income earners receive more superannuation tax concessions than lower-income earners as a percentage of superannuation contributions," it said. "Several stakeholders suggested superannuation ...

SG rise no real benefit to women: Review

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
... is exacerbating or compensating for inequities people experience in their working lives when comparing those with low or lower retirement incomes, such as women, to others. The review concluded that the gap in retirement savings and retirement incomes ...

New approach needed for Age Pension: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... Pension in reducing income inequality among retirees because it provides most support as a proportion of private incomes to lower-income earners. The report found measures suggest the Age Pension has kept pace with community standard with the base rate ...

SG verdict: Choose your own adventure

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
... its plan to increase superannuation guarantee from current 9.5% to the planned 12%, the report says. Its modelling found lower-income earners would be harder hit, with their balances at retirement projected to be 16-18% lower under a 12% SG regime (from ...