Search Results | Showing 11 - 20 of 33 results for %22Pension Loan Scheme%22 |
| | | ... pensioners previously) and second, the amount available to borrow has increased to up to 150% of the maximum fortnightly pension rate. The changes translate to a maximum borrowing of $36,000 per year for a single and a $54,000 per year for a couple ... |
| | | | ... assessment of lifetime income streams is fair and reflects the value of the products. The amendments also expands access to the Pension Loans Schemes and increases the Work Bonus to $300 per fortnight, an also extends the Work Bonus to include income ... |
| | | | ... (Supporting Retirement Incomes) Bill 2018 proposes three main measures to lifetime income streams, the work bonus and pension loans scheme. The Bill is proposing a new means test rules ahead of a wider range, and possibly more complex income stream products ... |
| | | | ... in the UK was that it was politically unacceptable. We needed a solution that would stand the test of time," she said. "Pension solutions have to be long-term and there was a strong belief that something that introduced compulsion in the UK would be ... |
| | | | ... warned to exercise caution and double check licensing requirements when advising on the Federal Government's Pension Loan Scheme as a retirement income supplement. As the Pension Loan Scheme is within credit licensing rules, financial advisers cannot ... |
| | | | ... "illness separated couple" and cases are assessed individually, she said. Other areas she covered included: pension loan scheme versus reverse mortgages, accommodation supplements for low means residents based on the building's condition, treatment ... |
| | | | ... (CIPRs) - products that provide individuals income for life - no matter how long they live. From 1 July 2019, new Age Pension means testing rules will also be introduced for pooled lifetime income streams. Baby boomers were also a beneficiary from the ... |
| | | | ... partner Robert Samuel supported additional ASIC funding. Credit where credit is due. The expansion of the pension loan scheme is a good idea and should be supported. The Australia Institute advocated for it back in 2014 and we're pleased to government ... |
| | | | ... who also receive age pensions will now be able to earn up to $300 a fortnight before the Government starts to trim their pension payments. The 2018 Budget initiative formed part of Treasurer Scott Morrison's $258.6 million baby boomer package. This is ... |
| | | | ... will also provide cost-effective opportunities to gain investment exposure to a wider range of assets. A study of global pension assets by Willis Towers Watson found that Australia was second only to the United States in its home equity bias," the draft ... |
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