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Showing 121 - 130 of 324 results for %22Aged Pension%22

Labor's amended cash dividend refunds fall short: SMSFA

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... March 2018 will also be exempt from the changes. SMSF Association chief executive John Maroney said it's only right that aged pensioners are exempt but there are still "serious reservations" about the fairness and efficacy of the amended policy. Under ...

Time to move beyond "cheap and generic" retirement products: Milliman

ALEX BURKE  |  WEDNESDAY, 7 MAR 2018
... Superannuation Funds of Australia positions its "comfortable" Retirement Standard at $44,011 per annum for a single person aged around 65 and $60,457 for a couple, the vast majority of retirees Milliman surveyed spend less than that. Furthermore, when ...

ASFA slams Grattan's super proposals

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
... settings are working, evidenced by the declining take-up rate of the Age Pension. By 2025, it predicts about 20% of those aged 67 will still be in paid employment and further 40% will be self-funded. Currently about 70% of over 65 year olds receive the ...

Boutique aims to tackle retiree housing affordability

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2018
... project involves a "rental retirement" template, designed to attract those eligible for the Commonwealth Government aged pension and rental assistance. Residents would pay 100% of their rental assistance in addition to a portion of the base pension. ...

Contract work threatens super: Research

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... not accruing super should be subject to a compulsory levy once they earn more than $90,000 per annum to fund the aged pension unless the contractor contributes an amount equivalent to the super guarantee. Additionally, during the first three financial ...

TRIS tops adviser query list

EMMA RAPAPORT  |  THURSDAY, 9 NOV 2017
... round-up the business found the top two queries made by financial advisers were: APRA guidance around retirement for people aged 60 and over including a potential impact on transition to retirement income streams (TRIS); and TRIS with a reversionary ...

Technical Services Forum tackles super challenges

ALEX BURKE  |  FRIDAY, 15 SEP 2017
... Standard Technical Services Forum addressed two key concerns around superannuation reform: death benefits and the cost of aged care. Speaking on the former, Colonial First State senior technical manager Yvonne Chu described the Government reforms as ...

"Enough is enough": Women in Super launch national campaign

EMMA RAPAPORT  |  TUESDAY, 12 SEP 2017
... cohort of homeless people. Women are also more dependent on the Age Pension than men. Under the Women in Super plan, a women aged 25 earning $25,000 per year would see her superannuation balance at retirement increase by 14.7% or $30,137 to reach $232,347. ...

Pre-retirees risk significant shortfalls: MLC

EMMA RAPAPORT  |  TUESDAY, 29 AUG 2017
... falling short of what is required for a 'comfortable retirement', according to research from MLC. More than half of those aged between 50 and 70 are on course to fall beneath the ASFA standard ($545,000 for a single, $640,000 for a couple who own their ...

Crisis emerging in Australian retirement system: HILDA

EMMA RAPAPORT  |  THURSDAY, 3 AUG 2017
... perhaps unconsciously, that they are going to use their superannuation to pay off their homes and then simply go on the aged pension. So it really raises questions about the sustainability of the retirement income system." Wilkins added that this year's ...