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Showing 131 - 140 of 326 results for %22Aged Pension%22

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 ...

Financial services ripe for mergers and acquisitions

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2017
... Ellison to see a higher volume of M&A activity - and likely impacting investment portfolios nationwide - were health and aged acre, IT and software services, food and agribusiness and infrastructure.

Millennial disengagement dire for economy: FSC

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... Bank's Essential Super experienced a 37% increase in members via its digital channel last year, of which almost 90% were aged between 18 and 24," she said by way of example.

Industry supports super threshold removal

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
... hospitality and nursing, who are missing out on around $125 million of superannuation contributions each year. "For a student aged 19 working part time for five years and earning $4000 a year, missing out on SG means losing out on $1900 in superannuation ...

Age Pension changes looming

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
... That remains between 55 and 60, depending on when you were born." It estimates in the next 40 years, the number of people aged 65 and over will more than double to 8.9 million people. Currently, there are 4.5 people of working age for every pensioner ...

SMSF associations announce merger

EMMA RAPAPORT  |  FRIDAY, 26 MAY 2017
... 4% the government underestimated in last year's budget. A new report from SMSF software company Class found Baby Boomers aged 49 and over will be the hardest hit as they make on average $34,100 in annual concessional contributions, which already breaches ...

Insurance counteracting ageing population risks

KARREN VERGARA  |  FRIDAY, 19 MAY 2017
... Australia's pension systems shows governments bear the cost (60%) of funding income, healthcare and inheritance for people aged 65 and over. This is followed by a reliance on savings (25%) and the help of family (10%). Insurance on the other hand, has ...

Downsizing measures present advice opportunities

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... to superannuation. The initiatives is estimated to have a cost to Budget revenue of $30 million. Under the proposal, those aged 65 and over will be able to make the one-off non-concessional contribution in addition to existing rules, and be exempt from ...

Industry fund teams with Challenger on retirement

EMMA RAPAPORT  |  THURSDAY, 27 APR 2017
... balances and high levels of financial literacy," he said. The new guaranteed income accounts will be available to members aged 60 or over with a balance of $20,000 and above. Combined with the Age Pension, the guaranteed income accounts can be used to ...