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Showing 21 - 30 of 310 results for "Retirement incomes"

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... care. "The data is clear - that when women take time out of the workforce to raise children it impacts their retirement incomes with women retiring, on average, with about 25% less super than men," minister for women and finance Katy Gallagher said. ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... 2026. Industry Super Australia (ISA) has predicted that the amendment will benefit millions of Australians' retirement incomes and that the change will add around $55,000 to balances at retirement. The reform has been praised as a win-win solution ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... lower standard of living than they otherwise could have," he said. "The lack of advice and information around retirement incomes is clearly the biggest gap in the advice market. So, the government has committed to expanding the role that superannuation ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
Inflation is a looming threat to retirement incomes, so it's no surprise financial advisers are rotating toward more dynamic strategies. According to a report penned by Challenger and Ensombl, inflation is fast becoming the number one threat to ...

Labor cracks down on unpaid super

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... to track their entitlements. "Aligning the payment of superannuation with wages and salaries will increase retirement incomes through greater compounding returns. This will simplify the tracking of superannuation payments for employees and support early ...

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... work full-time. "Opening up these opportunities will allow women to increase both their salaries and their retirement incomes. It will also provide men greater opportunities to share the load of unpaid labour," she says. Still in negotiations, ART has ...

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... progressing connected reforms on prudent transfer planning, financial resilience, investment governance and retirement incomes. This year, trustees can expect changes to several policies, such as investment governance, MySuper asset transfer requirements ...

Australians lack confidence in retirement: SSGA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... and policy makers are doing right; like trying to find a good balance between flexibility and certainty in retirement incomes, or in member preferences for continuity by using the same provider for their retirement needs." "Of course, significant retirement ...

Delayed reforms put pensioners at risk: OECD

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... to asset-backed pension arrangements is essential to improving retirement outcomes and the sustainability of retirement incomes, thereby building more inclusive pension systems. While current economic uncertainties may lead policy makers and regulators ...

Millions of retirees will benefit from QAR

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... consuming too quickly, or drawing down higher amounts with confidence. This would equate to $10,000 in increased retirement incomes per individual every year on average. The reforms would also help two million more retirees with super savings obtain ...