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Showing 1 - 10 of 62 results for "Assets Test"

'Generous' UK State Pension reforms to hit expats

KARREN VERGARA  |  FRIDAY, 16 JAN 2026
... their superannuation fund at the same time. "Unlike the Australian Age Pension, which is subject to an income and assets test, the UK State Pension is based purely on how many qualifying years of National Insurance contributions you've made. So ...

Superannuation system quality stagnates: Report

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... can improve its ranking by focusing on retirement income as the primary purpose of superannuation and moderating the assets test on the means-tested Age Pension to increase the net replacement rate for average-income earners. Raising the level of household ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... large pay-off down the track, Grattan said more of the value of the family home should be included in the Age Pension assets test, and default insurance through super should be reviewed, including assessing whether default insurance cover should be provided ...

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... negative gearing and the capital gains tax discount, or counting more of the value of the family home in the Age Pension assets test," it said. But Grattan noted other policies to boost housing supply will still be needed to bring down housing costs ...

AFCA flags legal uncertainty on SMSF wholesale test

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... financial service that relates to a superannuation product - being the SMSF? Does that also mean that the $10 million assets test applies rather than the general test? "This doesn't preclude consideration of whether a client might be a sophisticated ...

Allianz Retire+ adds 'industry first' feature to AGILE

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2023
... introduction of the Age Pension+ option, which enhances eligibility for the Age Pension through reduced treatment for the assets test, while limiting the death and withdrawal benefit. "After consultation with the advice and trustee community we know ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... capital over a long period, based on life expectancy. Only 60% of the amount invested counts towards the Age Pension assets test until age 84, or for a minimum of five years, at which time it changes to 30%. "We know that many retirees are living more ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... with a reasonable super balance, Knox said. Other suggestions for how Australia could improve include moderating the assets test on the means-tested Age Pension to increase the net replacement rate for average income earners; introducing a government ...

Super tax concessions cost less than future Age Pension savings: Mercer

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
... tax concessions, they end up drawing a higher Age Pension as their super balances diminish, primarily because of the assets test. By the age of 75, those in this model would see their total retirement income surpassing that of their counterparts who ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... spend while working. At the same time, Grattan has suggested counting more of the family home towards the aged pension assets test, saying this could save about $4 billion a year. The main argument for this is that about 40% of the government's spending ...
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