Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 126 results for "Centrelink"

Advisers overlook home equity release strategies

KARREN VERGARA  |  THURSDAY, 22 JUL 2021
Financial advisers are shunning home equity release or reverse mortgage strategies that could potentially benefit retiree clients, according to new research. Regtech Fourth Line and retiree financial services provider Pension Boost looked at the Statement ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... money] was destined to buy me a mortgage-free retirement. Instead, I am now living in a share house arrangement on Centrelink, with no hope of realising the rewards of a frugal life and consistent employment," she said. "I was confident and happy when ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... "collectively charged model", seeing many licensees erring on the side of caution in terms of assisting members with areas like Centrelink entitlements and household income retirement planning. It comes down to an on-boarding experience, she said. "How ...

Family home dominates adviser conversations

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... while others are looking into selling their assets. Howard said advisers are being asked how these will be treated by Centrelink in relation to clients' eligibility for the Age Pension. Broadly, foreign assets and income streams are captured in Centrelink's ...

Adviser charged with stealing super

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... members were being impersonated by someone. One woman who accessed early release through Goel interviewed by ASIC was on Centrelink benefits and had a newborn baby. Goel allegedly told her she could get her super but did not inform her of fees. ASIC ...

Adviser demands answers from Media Super

ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
... do what you can to sustain yourself and neighbours and friends might help you out by paying you," Johns said. "Even Centrelink acknowledges there should be times when people can make $100 here and there. We expect as a society that the system doesn't ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... to be eligible for," she said. "Then there are delay tactics in the hope that people will just give up or apply for Centrelink. This renewed push is a totally inappropriate interference with treating doctors in order to pressure workers back to work ...

Early release of super extended

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... accessing their superannuation will not need to pay tax on amounts released and the money they withdraw will not affect Centrelink and Veterans' Affairs payments, or the JobKeeper Payment. "While superannuation helps people save for retirement, the ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... ONLY 6.2% in April surely is a pleasant dream considering the nightmarish backdrop of the long and winding queues at Centrelink offices seen over the past two months, along with business closures and social restrictions. The 'dreamy' unemployment ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
... will be evident in the April data". Sit down, fasten your seatbelts and be spooked by the ride. The snaking queue at Centrelink provides a picture (literally) of what we should expect when the next labour market is released. The lead from the latest ...