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Showing 391 - 400 of 677 results for "Age Pension"

Not enough super users: Mercer

DARREN SNYDER  |  FRIDAY, 18 MAR 2016
... at 1.9%. I think we can do better." The tracker allows for changing economic conditions and has factored in the new Age Pension assets test that comes in January next year. According to the tracker, the average income earner will earn less government ...

Industry funds happy SG charge retained

MARK SMITH  |  THURSDAY, 17 MAR 2016
... government revenue through unpaid taxes, it affects employees through lower balances and increases reliance on the age pension. It's a lose, lose, lose situation. "SG is essentially deferred wages and we should be aiming for full compliance by sending ...

Mercer calls for total retirement income perspective

KERRIE SYDEE  |  THURSDAY, 17 MAR 2016
... for the objectives to be defined correctly the government must define the objectives of both superannuation and the age pension simultaneously. "Super should provide an income throughout your entire retirement, it is not intended for wealth accumulation ...

Adequacy benchmark to help define super

DARREN SNYDER  |  WEDNESDAY, 16 MAR 2016
... than 1000 delegates the industry needs to do much better "at helping retirees understand how super works with the age pension to provide retirement income." He said mounting speculation about quick fix super changes in the federal budget leaves the AIST ...

Actuaries re-enter super housing debate

DARREN SNYDER  |  MONDAY, 14 MAR 2016
... do so," Smartt said. Among several points, the paper discusses potential partial protection (up to a cap) from the Age Pension means test for amounts accessed under home equity release schemes and downsizing. It also discusses regulatory protection for ...

Super tax concessions no gift

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
... setting out the objectives of super. "The objectives of super have always been very clear - they are to supplement the age pension and raise standards of living in retirement, increase national savings and to reduce dependence on future pension outlays. ...

Govt announces superannuation's objective

ALEX DUNNIN  |  WEDNESDAY, 9 MAR 2016
... those recommended by the Financial System Inquiry: 'To provide income in retirement to substitute or supplement the Age Pension'. In the paper, they explain that a legislated objective will serve as a guide to policy-makers, regulators, industry and ...

Advisers looking for longevity and aged care solutions

ALEX BURKE  |  WEDNESDAY, 9 MAR 2016
... success rate. He added the 1% was just a "technical margin related to means testing." The approach involved layering the age pension, an annuity payment and an account-based pension through the entire retirement life-cycle, with the latter tapering off ...

Advisers have assets test top of mind

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
Changes to the Age Pension assets test are top of mind for retirement-focused financial advisers according to the latest data from Challenger. Although test changes affecting Age Pension eligibility will come in to effect from 1 January 2017, Challenger's ...

Retirement income goal would solve super's issues: CSRI

DARREN SNYDER  |  MONDAY, 7 MAR 2016
... into income streams and how longevity risk is hedged are critical for income security and lessening reliance on the age pension." The CSRI says in enshrining a retirement income objective, the government should also lay out a number of supporting principles ...