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Showing 371 - 380 of 677 results for "Age Pension"

Super needs to pick up its retirement game

DARREN SNYDER  |  MONDAY, 30 MAY 2016
... back Australia's retirement system: a diversity of investment outcomes or sequencing risk and how to best manage the Age Pension. On investment outcome diversity, Howes said asset allocation for retirees is generally the same in accumulation, i.e. a ...

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... as recommended by the Financial System Inquiry, is 'to provide income in retirement to substitute or supplement the Age Pension'. This objective, which will for the first time be enshrined in legislation under a re-elected Turnbull government, has been ...

Energy Super to offer Mercer LifetimePlus

MARK SMITH  |  MONDAY, 23 MAY 2016
... challenge for a lot of people. Life might be simple but comfortable initially in retirement, but once savings run out the Age Pension will only provide about half the amount required for a comfortable lifestyle. Energy Super members can now retire with ...

New retirement income calculator more accurate than ever

MARK SMITH  |  WEDNESDAY, 18 MAY 2016
... launched a new retirement income calculator in a bid to help Australians understand how to reduce their reliance on the age pension and build enough wealth to live comfortably in retirement. According to Mortgage Choice chief executive John Flavell ...

Public sector retirees still seek answers

DARREN SNYDER  |  TUESDAY, 17 MAY 2016
A group representing public sector retirees is waiting on the federal government to release figures about Australians affected by the new 10% cap on defined benefit income that is excluded from the pension income test. The Australian Council of Public ...

Government finds $2.9 billion from super tax

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... said a balance of $1.6 million can support an income stream in retirement around four times the level of the single Age Pension. ISA chief economist Stephen Anthony said the 2016 budget will provide some relief to Australians struggling to build a decent ...

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... O'Dwyer says the objective of superannuation will be to provide income in retirement to substitute or supplement the Age Pension - a view synonymous with the Financial System Inquiry recommendation. The government will tax the earnings of Transition ...

Potential budget super alterations welcome

DARREN SNYDER  |  MONDAY, 2 MAY 2016
... report, A husband is not a retirement plan, made 19 recommendations that included abandoning a proposal to lift the Age Pension retirement eligibility age to 70; and increasing the super guarantee (SG) rate to 12% in an earlier timeframe. Other recommendations ...

SMSF Association implores Govt not to reduce contribution caps

ALEX BURKE  |  THURSDAY, 28 APR 2016
... ability to build adequate savings to use in retirement, with the inevitable effect of increasing their reliance on the age pension. "This is especially relevant for people with broken work patterns, such as women taking time out of the work force to ...

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
... now have no choice but to reel them back in." KPMG believes these super tax proposals, together with changes to the age pension, will raise nearly $5 billion towards the deficit and "meet the test of fairness."