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Showing 241 - 250 of 677 results for "Age pension"

Labor policies boost superannuation agenda

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... super on paid parental leave and considering targeted government contributions for low-income earners; Keeping the Age Pension qualifying age or superannuation preservation age as is; Implementing a robust industrial-based default fund selection process ...

Labor proposal targets low income earners: Association

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
... franking credits should remain. Rice Warner executive director Michael Rice said: "The present value of the maximum Age Pension for a couple who retires at 65 today exceeds $800,000." He argues that, while most retirees will eventually become eligible ...

Retirees to fall short: Research

HARRISON WORLEY  |  MONDAY, 29 APR 2019
... communications director Norman Morris said these intending retirees would be likely to rely on government benefits like the Age Pension "for some time yet." "A major problem facing the Australian government and individuals is how to fund the retirement ...

Income only falls by 11% in retirement: Grattan

KANIKA SOOD  |  TUESDAY, 16 APR 2019
... standards," Grattan said. "Many low-income Australians will get a pay rise when they retire, through a combination of the Age Pension and their compulsory superannuation savings." Grattan thinks the Government should scrap the legislated plan to boost ...

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
... retirees to meet retirement funding needs from a combination of superannuation, the savings in their home and their Age Pension. "Retirees want to stay at home, but many are struggling to make ends meet as they age." Home equity for example, can also ...

Inquiry denounces franking credit ban

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
... inquiry found the ALP policy was "inequitable and deeply flawed", and added the policy will see more people rely on the Age Pension. "In particular, abolishing refundable franking credits will unfairly hit people of modest incomes who have already retired ...

Ageing population poses budget threat

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... increase in spending represents a projected greater demand for government programs that support older Australians - the Age pension, aged care and health. The report says there will be a steady increase towards the 2028 spending numbers. The old-age ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... in addition to the tax concessions, to boost retirement saving potential and in turn, reduce future pressure on the age pension and support better financial futures for all Australians." The Australian Institute of Superannuation Trustees were more critical ...

Treasurer courts retirees with new superannuation measures

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... test can make voluntary contributions to their super. "This will align the work test with the eligibility age for the Age Pension, which is scheduled to reach 67 from 1 July 2023," Frydenberg said. He is also proposing to increase the age limit for spouse ...

New retirement loan launches

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2019
... living expenses. Chief executive Joshua Funder said the loan combines a retiree's home equity, superannuation and Age Pension to provide adequate, reliable, lifelong retirement funding while the retiree continues to live at home. The loan can be used ...