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Showing 331 - 340 of 677 results for "Age pension"

ATO hits back at claims of inadequacy

EMMA RAPAPORT  |  FRIDAY, 5 MAY 2017
... the ATO's reactive rather than proactive practices for the loss of government revenue and increased reliance on the Age Pension. The committee also found the ATO was reluctant to produce accurate figures in terms of the size of the SG gap despite the ...

ATO blamed for SG non-payment

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
... Senate economics references committee said, resulting in the loss of government revenue and increased reliance on the Age Pension. During the five-month long inquiry, the committee found the ATO was reluctant to produce accurate figures in terms of the ...

SG non-payment is an 'easy fix': ISA

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
... workers about $24,000 by retirement and is putting pressure on the government to shell out an extra $100 million in the Age Pension each year. Unpaid super is an easy fix for the government, ISA public affairs director Matt Linden said, noting a solution ...

Industry fund teams with Challenger on retirement

EMMA RAPAPORT  |  THURSDAY, 27 APR 2017
... Chief executive of legalsuper Andrew Proebstl said the new products are a timely response to recent changes to the Age Pension and an increase in members looking for certainty of income in retirement. "The Murray Report's recommendations and subsequent ...

Housing affordability threatens super's future

EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
... will be increasingly forced to use superannuation to discharge outstanding mortgages, seeing more people rely on the Age Pension. Those who do not own their home by the time they reach retirement will need to have accumulated $1 million in superannuation ...

Wages and super should be aligned: Cbus

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... superannuation can be dramatic on individuals and the wider community with lost tax revenue and increased reliance on the age pension. We all lose from unpaid super." Cbus also called for the current loophole that allows salary sacrifice to be counted ...

UniSuper redefines comfortable retirement

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... they realistically need to retire comfortably. "While defining the role of superannuation as being to 'supplement the age pension' is a positive step forward, taken in isolation, it is quite subjective as it is relative to the standard of living enjoyed ...

Home deposits unwelcome in super

DARREN SNYDER  |  THURSDAY, 23 FEB 2017
... the federal government's objective of super, being "to provide income in retirement to substitute or supplement the age pension." The Australian Institute of Superannuation Trustees (AIST) also warned against using superannuation to tackle the nation's ...

Senate committee files views on super objective

EMMA RAPAPORT  |  THURSDAY, 16 FEB 2017
... objective for the superannuation system should be "to provide income in retirement to substitute or supplement the Age Pension." "Stakeholders were almost unanimously supportive of a legislated objective of superannuation, although inevitably there was ...

Half of Australian households will be retire ready

EMMA RAPAPORT  |  TUESDAY, 7 FEB 2017
... Funds of Australia definition, said that an individual's superannuation savings, combined with personal assets and the Age Pension will enable an older, healthy retiree to be involved in a broad range of leisure and recreational activities and to have ...