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Showing 351 - 360 of 641 results for "Income Stream"

Widen access to PLS, say cross-bench senators

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
... established by the Hawke government in 1983, is a reverse mortgage scheme that allows people of pension age to access an income stream by borrowing against their housing equity. Currently it is only available to people of pension age or their partners ...

Morrison protects homes from Age Pension means test

DARREN SNYDER  |  THURSDAY, 7 MAY 2015
... that saw 48,000 Australians, particularly retired public servants, hide large portions of their defined benefit income stream. The loophole closure is expected to save a further $470 million over the four-year forward estimates. PLANNED CHANGES TO THE ...

Aviva launches first in range of new funds

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
... specific outcomes from their financial products. "What matters is achieving reliable fund growth, securing a reliable income stream, obtaining a return that exceeds inflation or increases the likelihood that you will meet a specific future financial ...

Super lump sum myth debunked

LAURA MILLAN  |  WEDNESDAY, 29 APR 2015
... from more than 10 million member records representing over $55 billion in assets to create the Colonial First State Income Stream Index, that aims to track annually how retirees use their superannuation balances. The index shows that, contrary to common ...

MTAA launches transition to retirement investment option

LAURA MILLAN  |  TUESDAY, 28 APR 2015
... could also suit younger members with larger than average superannuation balances. The option targets a reliable income stream of RBA cash rate +2% per year over the medium term and favours shorter-dated debt to help deliver capital stability. "The exposure ...

Govt should support pensioner reverse mortgage access: CIS

ALEX DUNNIN  |  TUESDAY, 28 APR 2015
... homeowners because income from the reverse mortgage would be deemed notwithstanding their overall net retirement income stream would increase. Consumers would be protected because the government should legislate to ensure these reverse mortgages, which ...

ALP outlines superannuation tax policy

ALEX DUNNIN  |  WEDNESDAY, 22 APR 2015
The federal ALP opposition has outlined a change to their superannuation tax policy that they estimate could save $1.4 billion per year and help rebalance superannuation. The policy was outlined by shadow Treasury spokesperson Chris Bowen who said it ...

$1m in super not enough: Cooper

MARK SMITH AND AAP  |  MONDAY, 20 APR 2015
Superannuation expert Jeremy Cooper has said that a super balance of $1 million would buy an income stream little greater than the age pension. The chairman of retirement income at Challenger, says a million dollars is always seen as a nice round figure ...

Tax debate highlights need for investments outside super

ALEX BURKE  |  TUESDAY, 14 APR 2015
... 65 by taxing early withdrawals. It may also impact how much you can withdraw at 60 and how much you can use as an income stream." "Superannuation has been promoted as a fantastic way to increase retirement savings, however we are finding that some investors ...

Super breaks $2trn on way to $9trn

ALEX DUNNIN  |  THURSDAY, 2 APR 2015
Superannuation has now passed through $2 trillion and is well on its way to exceeding $9 trillion over the next 20 years, according to new research released by Rainmaker. While official figures are yet to confirm the $2 trillion marker has been crossed ...