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Showing 301 - 310 of 677 results for "Age Pension"

ASFA slams Grattan's super proposals

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
... retirement incomes to future generations of retirees, because any increase in super savings will be largely offset by lower Age Pension payments for most households. Consequently, living standards of existing pensioners will reduce and unlikely materially ...

SMSFs grappling with super changes

KARREN VERGARA  |  FRIDAY, 12 JAN 2018
... their technical knowledge," he said. Maroney also expressed concerns over changes to the assets test rules for the Age Pension that is discouraging retirement savings and has other "detrimental" behavioural effects one year on. The changes have a significant ...

Asset test rules hurting retirement savings: SMSFA

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2018
The SMSF Association is voicing its concerns over changes to the assets test rules for the Age Pension, that is discouraging retirement savings and has other "detrimental" behavioural effects one year on. SMSF Association chief executive John Maroney ...

Industry association targets super gaps

EMMA RAPAPORT  |  MONDAY, 8 JAN 2018
... discussion, with AIST noting that the impact of the problem will manifest both in the future, with increased reliance on the Age Pension, as well as in the present, since there is an added complication that Australians without superannuation are also ...

FS has you covered in 2017

DARREN SNYDER  |  FRIDAY, 22 DEC 2017
... will be increasingly forced to use superannuation to discharge outstanding mortgages, seeing more people rely on the Age Pension. Financial Executive Women 2017 Leadership Conference It's not about gender, it's about support. That was the key message ...

ASFA disappointed in Royal Commission scope

EMMA RAPAPORT  |  FRIDAY, 1 DEC 2017
... adequacy and integrity," ASFA said. "An increasing number of retirees now have significant private income above the age pension, with many more now able to achieve a comfortable standard of living in retirement rather than just getting by. "A plethora ...

Jeremy Cooper explores the inconvenient truth of super

ALEX BURKE  |  MONDAY, 20 NOV 2017
... on the spectrum between entirely probability-based outcomes and a risk-free retirement: one backed entirely by the Age Pension and Commonwealth government bonds, for example. Once they have worked out this retirement income philosophy, they can work ...

Super guarantee must be 12pct: ASFA

DARREN SNYDER  |  FRIDAY, 27 OCT 2017
... retirement levels. ASFA chief executive Martin Fahy said many recent retirees will need to substantially rely on the Age Pension in their retirement and "phased increases in the rate of super guarantee (SG) contributions to 12% would benefit women in ...

CommInsure adds new annuity strategy

JAMIE WILLIAMSON  |  TUESDAY, 17 OCT 2017
... layered retirement plan, with income derived from a blend of account-based pensions and annuities, supplemented by the Age Pension. "Investing in lifetime annuities as part of a layered plan often make sense for retirees and, for the first time, CommInsure ...

Advice improves lifestyle outcomes: Research

DARREN SNYDER  |  WEDNESDAY, 11 OCT 2017
... working Australians in December 2016. Of those who had not received financial advice, 42% believe they will rely on the age pension and 16% believe they would have a good standard of living in retirement. CoreData principal economic researcher Andrew ...