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Showing 321 - 330 of 677 results for "Age Pension"

Government cracks down on salary sacrifice loophole

EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
... Australians will continue to be shortchanged billions in super, with the government having to pick up the tab with higher age pension costs."

Optimo introduces robo platform

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2017
... best achieve financial and life goals, accounting for tax and superannuation legislation, family tax benefits, the Age Pension and a host of other factors including the client financial status to develop its strategies. Optimo Financial chief executive ...

Location, location, location: the key to retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2017
... of scenarios incorporating the interactions of asset returns and inflation, spending drawdowns and the Government Age Pension. In contrast, a Canberra resident would need $280,444 for their chosen lifestyle while their Tasmanian counterparts would need ...

Industry supports super threshold removal

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
... David Atkin called the threshold "unfair", especially for low-paid workers, and noted its long-term impact on the Age Pension. "The current threshold that exempts contributions for incomes below $450 per month is unfair on workers who have multiple part-time ...

Age Pension changes looming

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
Financial advisers should be mindful of important changes to the Age Pension effective July 1. The qualifying age will progressively increase by six months every two years, and by 1 July 2023, will reach 67-years-old for those born on or after 1 January ...

Actuaries warn against one size fits all retirement products

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2017
... introduced meet members' income needs in retirement, including by taking into account their eligibility for a part or full Age Pension over time. A poorly designed retirement income framework could seriously impact confidence in the sector and the reputation ...

SMSF associations announce merger

EMMA RAPAPORT  |  FRIDAY, 26 MAY 2017
... responsibility for managing their own retirement savings and generating their own income in retirement without relying on the age pension. "During a long and complex debate regarding superannuation and the role of small and self-managed superannuation ...

Advice associations respond to Federal Budget

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
... are concerned that changes that reduce retirement savings of future retirees, will only add extra pressure on the age pension," De Gori said. Likewise, De Gori said the $300,000 non-concessional super contribution incentive for over-65s to downsize in ...

Tax breaks delivered to first home buyers

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... Eva Scheerlinck said. "The objective of super - as currently before Parliament - is to substitute or supplement the Age Pension in retirement." The association however did note that on the plus side, the measure could assist first home buyers to save ...

Downsizing measures present advice opportunities

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... the downsizing measures could have on pension recipients. "Other Australians might be deterred due to the loss of Age Pension from means-testing of the capital released by downsizing. The Institute's preference would be to restrict the non-concessional ...