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Showing 121 - 130 of 197 results for "Pensioner"

Pension rule changes to benefit 740,000

MARK SMITH  |  MONDAY, 28 OCT 2013
... will decrease to 2% from 2.5% for financial investments up to $46,600 for single pensioners and allowees, $77,400 for pensioner couples and $38,700 for each member of an allowee couple. The upper deeming rate will decrease to 3.5% from 4% for balances ...

US shutdown slowing pension payments

ALEX DUNNIN  |  MONDAY, 14 OCT 2013
The continuing US shutdown is beginning to slow pension payments, with fears growing some payments could stop. The US secretary for the Veterans Administration Benefits and Services, Eric Shinseki, appeared end last week before the Congress committee ...

Bank levy upsets senior lobby

JAMES FERNYHOUGH  |  FRIDAY, 2 AUG 2013
Lobby group National Seniors Australia have criticised the government's plan to put a 0.05% levy on bank deposits in 2016, saying it will force pensioners into riskier investment alternatives. National Seniors Australia chief executive Michael O'Neill ...

Govt to index military age pensions

STAFF WRITER  |  TUESDAY, 30 JUL 2013
... Benefits (DFRDB) that was closed in 1991. It will work by applying the higher of the Consumer Price Index (CPI) or the Pensioner and Beneficiary Living Cost Index (PBLCI). The changes come into force from 1 July 2014 to payments to military superannuants ...

Endowment bond product frees SMSFs to add risk

MARK SMITH  |  THURSDAY, 27 JUN 2013
The steady stream of reliable income provided by endowment bonds provides self-funded retirees with the certainty to take greater risk elsewhere in their portfolios, according to Endowment Bond Exchange (EBX) chief executive officer Stephen Duchesne. ...

PIPA suspends Money Choice director

JAMES FERNYHOUGH  |  MONDAY, 20 MAY 2013
Property Investment Professionals of Australia (PIPA) has suspended Money Choice director Matthew George after it was found he had failed to comply with credit laws. The Australian Securities and Investment Commission (ASIC) last week banned George ...

Coalition will delay SG rise, abolish LICS

ALEX DUNNIN  |  THURSDAY, 16 MAY 2013
Opposition leader Tony Abbott has delivered his budget reply speech, announcing delays or suspension of superannuation intitiatives that were meant to be funded from taxes that a Coalition government intends repealing should it win office. These initiatives ...

CPSA brands super centre wasteful

MARK SMITH  |  TUESDAY, 23 OCT 2012
Government plans to deploy the interest from a $10 million fund earmarked for a Superannuation Consumer Centre won't get close to adequately protecting the interests of consumers, according to the Combined Pensioners & Superannuants Association (CPSA). ...

Retire mortgage debt with super: CPSA

ALEX DUNNIN  |  TUESDAY, 9 OCT 2012
A recent CPA Australia report calling the lump-sum super payment system a 'retirement savings disaster' overlooks the bigger picture, according to the Combined Pensioners and Superannuants Association (CPSA). Whether it's ideal or not, retirees are ...

Abbott government to index military pensions

ALEX DUNNIN  |  TUESDAY, 25 SEP 2012
In a major speech on military policy to the Returned Services League national conference this morning, opposition leader Tony Abbott vowed to index military retirement pensions if elected next year. "An incoming coalition government would finally offer ...