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Showing 21 - 30 of 77 results for "Aged Pension"

Australians retire too wealthy: Grattan

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... modelling for looking at single people as about 70% of people retire as part of a couple and that influences their aged pension entitlement considerably. As a couple, individuals get much less pension income each. For this reason, he argued the Grattan ...

Compulsory super detrimental: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... determining whether someone has a comfortable retirement. For homeowners and non-homeowners receiving the full rate of the aged pension, homeowners have approximately nine times the net worth of non-homeowners, Cowan writes. Using that statistic, CIS ...

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
... hearing how workers have to work longer to become self-sustaining in retirement, to ease the pressure on the government aged pension. Therefore, workers put significant amounts of trust in their superannuation fund managers to not only safeguard, but ...

Industry welcomes pensioners' dividend tax policy exemption: Poll

KARREN VERGARA  |  TUESDAY, 3 APR 2018
The Labor Party's move to protect aged pensioners from its proposed excess dividend imputation credit reform is welcomed by the majority of the industry, Financial Standard's latest spot poll shows. Prior to shadow treasurer Chris Bowen announcing pensioners ...

Labor's amended cash dividend refunds fall short: SMSFA

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
The Labor Party's attempt to protect age pensioners from its proposed excess dividend imputation credits reform still falls short, the SMSF Association says. Labor introduced the Pensioner Guarantee yesterday as a way to protect pensioners from abolishing ...

Boutique aims to tackle retiree housing affordability

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2018
... project involves a "rental retirement" template, designed to attract those eligible for the Commonwealth Government aged pension and rental assistance. Residents would pay 100% of their rental assistance in addition to a portion of the base pension. ...

Contract work threatens super: Research

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... not accruing super should be subject to a compulsory levy once they earn more than $90,000 per annum to fund the aged pension unless the contractor contributes an amount equivalent to the super guarantee. Additionally, during the first three financial ...

Crisis emerging in Australian retirement system: HILDA

EMMA RAPAPORT  |  THURSDAY, 3 AUG 2017
... perhaps unconsciously, that they are going to use their superannuation to pay off their homes and then simply go on the aged pension. So it really raises questions about the sustainability of the retirement income system." Wilkins added that this year's ...

Confusion reigns in super and life insurance: CHOICE

EMMA RAPAPORT  |  MONDAY, 27 FEB 2017
... not an efficient use of resources, with fund erosion due to fees ultimately leading to an increased impost on the aged pension." CHOICE made a number of key recommendations including the production of a 'key fact sheet' to aid consumer comprehension ...

Super reforms incubating unemployment risk

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2017
Recent reforms to superannuation and aged pension eligibility may result in higher levels of unemployment. Findings released by Roy Morgan show the average age of Australians intending to retire has increased from 58 in 2014 to 61 years of age, with ...