The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 1 - 10 of 100+ results for "Age Pension"|
|... guarantee is not only doing its job but has benefitted the economy as a whole and will continue to do so, stabilising Age Pension expenditure. Assuming the SG is raised to 12%, the amount spent on the Age Pension should drop to 2.6% of GDP over the period ...|
|... taper rates may be encouraging middle-income earners to spend their retirement savings too quickly and live on the Age Pension alone. People with $300,000 to $800,000 in retirement savings could benefit from a more equitable taper rate, longevity protection ...|
|... on the different sources of retirement income, and demonstrates how annuities can complement their super and the age pension. Murphy told Financial Standard Challenger hopes to work with advice practices to understand how they could work closer with ...|
|... of retirement where the few are destined for a dignified retirement and the working classes are condemned to the Age Pension has no place in modern Australia," Fahy said. "Grattan want a welfare state where 70-80% of Australians will be relying on a ...|
|... had already stirred the pot. Murray's submission suggests the super system be scrapped in favour of a more robust age pension, while ANU riled the industry super lobby by labelling the case for increasing the superannuation guarantee as "tenuous". University ...|
|... Latest analysis of Treasury data shows superannuation tax concessions are growing so large they will soon rival the Age Pension. New Australia Institute analysis shows tax concessions in superannuation are almost as large as the cost of the Age Pension ...|
|The National Foundation for Australian Women (NFAW) said increasing the super guarantee will hurt women and the age pension should remain a strong element of the retirement income system. In its submission to the Treasury the NFAW said the superannuation ...|
|... people who will not save enough through this scheme to contribute in a meaningful way...This makes Government-funded age pension an important safety net." Baird said he does advocate for changes to be made to self-managed super funds, calling for additional ...|
|... low-income earners. "That is 6 million low income people that would be potentially totally reliant on the government age pension in retirement if not compelled to save in a mandatory system. A heavy burden on future taxpayers in an ageing population ...|
|... warned. "This means that taxpayers will need to support the lower paid or gig workers who will fall back onto the age pension system to a greater degree than otherwise." The Institute also believes many Australians are at risk of not having adequate ...|
Pendal Group has made year-long fee cuts on two funds, as it sees the Reserve Bank of Australia holding the cash rate at the record-low of 0.25%.
Standard & Poor's has downgraded AMP Limited's credit rating from BBB+ to BBB, with all AMP Group entities on CreditWatch with negative implications.
ME Bank chief executive Jamie McPhee has resigned after weathering scrutiny over the bank's adjusting of redraw facilities for mortgage customers and its relationship with the industry funds that own it.
At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views.
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