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Showing 11 - 20 of 178 results for "Social security"

Cbus rolls out Advice Essentials Plus

KARREN VERGARA | MONDAY, 28 OCT 2024

... for a modern retirement, and to help a family unit achieve that good mix between their savings income and the social security system," Walker said.

Pre-retirees expect less reliance on Age Pension: Investment Trends

KARREN VERGARA | TUESDAY, 17 SEP 2024

... prepared for the reality that awaits by, for example, providing information on how superannuation interacts with social security. "This is about empowering members to make better choices and take control of their future. Understanding how different income ...

China to raise retirement age from 2025

JAMIE WILLIAMSON | MONDAY, 16 SEP 2024

... workers' will be lifted from 55 to 58. Meantime, from 2030 employees will also have to contribute more to social security to ensure they receive pension payments. By 2039 they will have to have contributed for at least 20 years to access payments. ...

Higher-for-longer rates dominate adviser conversations

KARREN VERGARA | TUESDAY, 4 JUN 2024

... Commonwealth Rent Assistance increasing by 10% from 20 September 2024 can help alleviate financial pressures. This social security measure benefits more people than what some clients might expect, for example, those who are living in retirement villages ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN | TUESDAY, 14 MAY 2024

... and territory. More opportunities in every TAFE and University. A dignified retirement for older Australians." Social security deeming rates for financial investments will remain at current levels until 30 June 2025. This will benefit approximately 876,000 ...

Why aged care advice needs tougher regulation

KARREN VERGARA | WEDNESDAY, 10 APR 2024

... appropriate funding method. A slew of costs to consider include accommodation payments, daily care fees, tax, social security, and estate planning services. "Strategic and financially complex aged care advice is increasingly provided to older Australians ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN | WEDNESDAY, 27 MAR 2024

... government has prioritised maintaining entitlement benefits for people his age (71) even though it might mean that Social Security will struggle to meet its full obligations when younger workers retire. "It's no wonder younger generations, Millennials ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA | FRIDAY, 16 FEB 2024

... lifetime income that afford advisers the flexibility of a wrap account while granting clients a variety of tax and social security benefits. Meanwhile, HUB24 and Netwealth have natively integrated Allianz Retire+ AGILE and Challenger fixed-term annuities ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA | TUESDAY, 19 SEP 2023

... of living. In addition to regulatory, longevity and return risk, retirees need to manage a complex tax code and social security system. Further, figuring out the exact amount retirees should drawdown is also complex. Citing a 2022 study by actuary and ...

Fitch downgrades US credit rating

ANDREW MCKEAN | WEDNESDAY, 2 AUG 2023

... interest costs will double by 2033 to 3.6% of GDP. It also estimates a rise in mandatory spending on Medicare and social security by 1.5% of GDP over the same period. Further, Fitch expects government deficit to rise to 6.3% of GDP in 2023, from 3.7% ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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