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Showing 121 - 130 of 164 results for "Older Australians"

SPAA urges concessional cap rethink

MARK SMITH  |  FRIDAY, 14 FEB 2014
... Contribution (LISC). "In our opinion the current general concessional contribution cap level of $25,000 and $35,000 for older Australians is too low to facilitate adequate savings for retirement," SPAA chief executive Andrea Slattery said. "The low concessional ...

Industry funds oppose bachelor degree for general advisers

LAURA MILLAN  |  TUESDAY, 11 FEB 2014
... organisations also asked for additional specialist knowledge requirements on social security and providing advice to older Australians. "We have maintained that the existing coverage of social security is insufficient in financial planning, and support ...

Financial literacy in retirement a human rights issue: AHRC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
... Commission (AHRC). The release coincided with a call from National Seniors Australia, the consumer lobby for older Australians, for a coordinated financial literacy awareness campaign for older Australians. The AHRC's 173-page manual, entitled Your Rights ...

Self-education cap to harm senior workers

LAURA MILLAN  |  THURSDAY, 11 JUL 2013
... barrier on people maintaining their skills and could hasten the retirement of experienced skilled professionals. "Older Australians are encouraged by ministers and bureaucratic advisers to maintain the currency of their skills but this proposal quite ...

Tough turkey for retirees this Christmas

MARK SMITH  |  WEDNESDAY, 5 DEC 2012
... O'Neill finished. Meanwhile, rising energy, health and home maintenance costs are compounding the misery on older Australians, a new joint National Seniors Australia and Challenger over-50s life sentiment measure has found.

Retirement adequacy hits post-GFC low: AMP

BEN COLLINS  |  THURSDAY, 27 SEP 2012
... said AMP. "The Index shows salary sacrifice contributions have fallen across most age groups, particularly for older Australians who traditionally put more into their superannuation as they approach retirement, but are now restricted by caps on voluntary ...

Super loyalty defies low return expectations

BEN COLLINS  |  TUESDAY, 14 AUG 2012
... in the mail. The global economy has wreaked havoc on super fund portfolios," she says. The research revealed older Australians as the least likely to change their fund - even in the face of poor returns. 75% of Australian's aged over 61 won't consider ...

Online speed nurtures consumer trust

BEN COLLINS  |  TUESDAY, 7 AUG 2012
... are," the report's author, Christena Singh, told AAP. The Sensis report also found that an increasing amount of older Australians are using the internet, with 89% of people aged 65 and over accessing the internet in the past year, up from 59% in 2011 ...

Older Australians delaying retirement

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
... Australian intend to delay retirement. The report, titled Financial Wellbeing: Concerns and choices amongst older Australians, also found that having a mortgage increases the likelihood of delaying retirement by 20%, three quarters of people aged between ...

Sequencing risk impacts super savings

LINDA HAUSKEN  |  THURSDAY, 14 JUN 2012
... depleted by the market downturn at a time when they are starting to draw down a pension. "The key challenge facing older Australians and those who advise them and who manage their superannuation funds is how to mitigate sequencing risk so that superannuation ...