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Showing 11 - 17 of 17 results for "Age Pension for"

Super decades away from maturity

DARREN SNYDER | MONDAY, 3 AUG 2015

... system is more than four decades away from maturity. The paper also says an interaction of superannuation and the Age Pension for people on low to middle incomes to boost retirement incomes is an intended outcome of the system. AIST chief executive Tom ...

$1m in super not enough: Cooper

MARK SMITH AND AAP | MONDAY, 20 APR 2015

... the government pension. "It was really just to demonstrate... how much it would cost hypothetically to buy an age pension for the rest of your life," he told ABC Radio on Monday. If the bond rate was back to a pre-2013, 20-year average of 6% it would ...

FSI questions viability of franking credits

JAMES FERNYHOUGH | WEDNESDAY, 16 JUL 2014

... went to the top income decile. "To credibly promise superannuation tax concessions in retirement and an adequate Age Pension for those who will need it in the future, a strong Government balance sheet and policy settings that do not disproportionately ...

Age Pension to rise to 70 by 2035

MARK SMITH, JAMES FERNYHOUGH | FRIDAY, 2 MAY 2014

... change, as currently the Age Pension is 27.7% of male total average weekly earnings. This translates to a full Age Pension for a single retiree of $842.80 per fortnight. If it were calculated according to the commission's recommendation, it would be ...

Looming pension deeming rules "lack clarity"

ALICE URIBE | FRIDAY, 21 FEB 2014

... the deeming rules will include superannuation pensions, taking effect from 1 January 2015. It could mean less Age Pension for the same amount of assets as before the change. "Account based pensions are to be deemed and are included in Centrelink income ...

Pre-retiree client strategies fall short: survey

ELISE BURGESS | THURSDAY, 29 MAR 2012

... needs. The report found that planners anticipated 33% of their clients aged under 75 will be dependent on the Age Pension for more than half of their income when they retire, growing to 54% by the time they are aged between 84-95. Last year, planners ...

Age Pension must be factored into retirement income

RACHEL DAVIS | TUESDAY, 8 NOV 2011

... to drop to around 30% in 40 years time. "But a lot of retirees will continue to be eligible for at least a part age pension for some time," said Boal. "At the moment, around 80% of Australians of 'Age Pension age' receive either a full or part age pension ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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