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Showing 131 - 140 of 197 results for "Pensioner"

Active membership in UK occupational pensions waning

MARK STORY  |  THURSDAY, 20 SEP 2012
... pension from a former employer, but still working and contributing to a pension. This person would appear in both the pensioner and active member category. As such all estimates of membership are not counts of individuals. The decline in active membership ...

UK to ban exotic retail investment products

ALEX DUNNIN  |  THURSDAY, 23 AUG 2012
The UK regulator, the Financial Services Authority (FSA), looks set to ban the promotion of exotic investment products to retail investors, following the release of a consultation paper that said the product class should be restricted to sophisticated ...

Untargeted tax subsidies inept

ALEX DUNNIN  |  MONDAY, 20 AUG 2012
New research suggests that the untargeted nature of tax concessions - the mainstay of Australia's universal superannuation system - make them highly inefficient. The Australia Institute's (TAI) recently released study, 'Can the taxpayer afford 'self-funded' ...

Untargeted tax subsidies inefficient

ALEX DUNNIN  |  THURSDAY, 16 AUG 2012
The Australia Institute (TAI) has just released a study, 'Can the taxpayer afford 'self-funded' retirement", where they reveal that within five years, according to the Commonwealth Budget Papers, the costs of the nation's taxation subsidies will climb ...

Retiree living costs match CPI

ALEX DUNNIN  |  THURSDAY, 2 AUG 2012
The Pension Beneficiary Living Costs Index rose 0.5% for the June quarter 2012 and 1% across the last 12 months, matching regular inflation. The index, measured by the Australian Bureau of Statistics, tries to capture changes in living costs for retirees ...

Liars' Club

BENJAMIN ONG  |  THURSDAY, 12 JUL 2012
"Honesty is such a lonely word. Everyone is so untrue." - Billy Joel, Honesty "There won't be a GST under the government I lead" promised Johnny Howard before being elected prime minister of Australia. "There won't be a carbon tax in a government I ...

Variable annuity sales in the UK reach GBP1bn

BEN COLLINS  |  MONDAY, 23 APR 2012

Super tax subsidies don't favour the rich: Mercer

ALEX DUNNIN  |  TUESDAY, 14 FEB 2012
Mercer has released a research paper that dismisses claims retirement income funding through superannuation tax concessions favours the wealthy. The paper 'Tax, Super & the Age pension" reported that the total cost of retirement funding per person in ...

Pensioner inflation hits 4.5%

ALEX DUNNIN  |  MONDAY, 15 AUG 2011
Pensioner living costs are up 4.5% for the past 12 months, compared to regular inflation for the general population which is up only 3.6% over the same period. The Australian Bureau of Statistics June 2011 Pensioner and Beneficiary Living Cost Index ...

Re-financing of aged care announced

RACHEL DAVIS  |  TUESDAY, 9 AUG 2011
... final report 'Caring for Older Australians' has recommended government-backed reverse mortgages and an Australian Age Pensioner's Savings Account to allow people to retain ownership of their own home and still receive aged care. The report recommends ...