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Showing 21 - 30 of 33 results for "Compound interest"

Government should super seed low income earners

DARREN SNYDER  |  MONDAY, 7 SEP 2015
... years old. Known as "Super Seed" the payment would help bridge the superannuation gender gap as well as leverage compound interest. "The proposal turns on its head the idea of just making catch up contributions later on and instead make contributions ...

Australians need another $130,000 for retirement: ASFA

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
... generally tax advantaged and the earlier you can put money away, the more you will benefit from the effects of compound interest," Vamos said. According to ASFA the most significant price rises affecting the cost of living for retirees this quarter are ...

Widen access to PLS, say cross-bench senators

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
... pension because of the income or assets test. The scheme allows people to top up a part pension to the full rate. Compound interest is charged on the loan and it is normally repaid if the home is sold or from the person's estate after their death. A ...

Hockey contemplates first home buyer access to super

LAURA MILLAN  |  MONDAY, 9 MAR 2015
... immediately." "This proposal could inflate house prices and reduce savings that would otherwise grow many times due to compound interest," Whiteley said.

ASFA gets behind phoenix reforms

RACHEL DAVIS  |  MONDAY, 31 OCT 2011
... they can achieve dignity in retirement is by putting a small amount away over the long-term and benefiting from compound interest. "The level of an individual's super savings at retirement is affected whenever there is a break in contributions. "We support ...

Janus manager launches insto volatility funds

MATT WOODINGTON  |  TUESDAY, 11 OCT 2011
... volatile stocks that have low correlation to each other, chasing consistency over long periods to benefit from compound interest. According to Schofield, Australia is Enhanced Investment Technologies' biggest market outside of the US. It had $45.5 billion ...

Voluntary top-up contribs not enough: ASFA

ALEX DUNNIN  |  WEDNESDAY, 4 MAY 2011
... Henry. The problem with this low and late take-up is too few people are benefiting from the long term impact of compound interest, they noted. Low contribution levels relative to other countries explains why Australia's retirement income replacement ...

Revamp member education: Ezra

MICHAEL HOBBS  |  TUESDAY, 8 SEP 2009
... about investment products and theories when most people can't save properly and don't understand concepts like compound interest. "Member education needs to be turned around 180 degrees from what it is today. We need to tell members 'don't try and be ...

Retirement age must rise

ALEX DUNNIN  |  FRIDAY, 18 APR 2008
... economic benefits - to the nation but also to their standard of living as well. The extra few years of letting compound interest work its magic could add tens of thousands to their retirement next egg. Encouraging workers to stay in the workforce may ...

Rev mortgages new sales down 10pc

MICHAEL HOBBS  |  WEDNESDAY, 19 MAR 2008
... outstanding reverse mortgages rising by 34 per cent in twelve months to $2 billion in December last year, due to compound interest and sales. "There was some slowing in sales in the second half of 2007 primarily due to the tighter availability of funds ...