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Showing 21 - 30 of 1074 results for %22Age Pension for%22

Industry needs better retirement advice blueprint: Expert

KARREN VERGARA  |  THURSDAY, 30 NOV 2023
Longevity risk, a greying population, and the proliferation of retirement income products are forcing financial advisers to be better equipped in navigating a landscape that is becoming increasingly more complex, an industry expert says. Optimum Pensions ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
... product. "A product modernisation regime would support the government's fiscal position, by lowering government Age Pension outlays and raising new tax revenue, by almost $1 billion in the next decade, without having to raise new taxes on superannuation ...

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
... Earlier in his career, he worked in traditional actuarial consulting, advising large companies with complex defined benefit pension/superannuation funds. Thornton has been replaced by Catherine van der Veen and Lucy Foster, who will share the head of ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... in an equitable and sustainable way, and encourages interplay with government support mechanisms, particularly the Age Pension. It also requires policymakers to justify how any future changes to superannuation law are consistent with the legislated objective ...

TelstraSuper launches option, retirement tool

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
... impact of investment changes and lump sum withdrawals, or extra contributions made, and if a member is entitled to the Age Pension. Retirees can estimate if they are on track to achieve their lifestyle goals and see what impact different scenarios could ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... access their capital over a long period, based on life expectancy. Only 60% of the amount invested counts towards the Age Pension assets test until age 84, or for a minimum of five years, at which time it changes to 30%. "We know that many retirees are ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... lower wages, thereby making women poorer before they reach retirement. "Women are also more likely to rely on the Age Pension in retirement, given lower superannuation balances and longer life expectancies," the report said. Another recommendation pushes ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... Knox said. Other suggestions for how Australia could improve include moderating the assets test on the means-tested Age Pension to increase the net replacement rate for average income earners; introducing a government superannuation contribution to primary ...

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
... we know are coming our way in the years ahead. This fund will benefit all of us - the children of today, people of working age today, our pensioners - and of course future generations," McGrath said. "It will help us to meet the costs of running the ...

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
... and income support recipients. Firstly, it will look to permanently enhance the work bonus for pensioners over the Age Pension age and eligible veterans. This will involve providing new entrants with a starting income bank balance and preserving the ...