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| | | To avoid clients being hit with tax penalties on excess contributions advisers should be reviewing their salary sacrificing arrangements, according to industry experts. The concessional super contributions cap is legislated to reduce from $50,000 to ... |
| | | | ... benefit the majority of Australian workers, according to MLC, which has conducted modelling showing the impact on a range of salary brackets. "If we assume all proposals become legislated, our analysis shows these changes will actually be positive for ... |
| | | | ... election in which no party was able to either win an overall majority or broker a coalition government. But voters fed up with salary and pension cuts shifted their loyalties to more radical parties. The June 17 vote will determine whether Greece will ... |
| | | | ... income earners, a step that seems somewhat redundant as for someone on $300,000 this cap equates to less that 9% of their salary. In reaction to the policy change, investment strategists are already predicting increased flows back into negatively geared ... |
| | | | ... remained fairly constant at 56.5%. Superannuation contributions also declined from 32.7% to 26.6%. Of these, 50% contribute by salary sacrificing additional contributions as part of their pay while 9.5% do salary sacrifice lump sum contributions. The ... |
| | | | ... projects, said FIRST Super had led the way in transparency, publishing fees for each director and the chief executive's salary in its annual report. |
| | | | ... increase the gap by $1.02 trillion. "An adequate annual retirement income is defined as 62.5 per cent of a person's last salary. Our research shows 9 per cent superannuation will fail to provide the population with their expectations of a comfortable ... |
| | | | ... opportunity to take advantage of the full benefit of the concessionals which are allowed this year, and the ability to salary sacrifice this year," said Lowe. Lowe also said advisers still queried whether salary sacrifice contributions count towards ... |
| | | | ... A new survey by REST Super looks at the "wealth style" of 600 18 to 30 year olds to better understand their work ethic, salary expectations, and home ownership goals. The study found more than 75% of Gen Ys expected to live a comfortable or very comfortable ... |
| | | | ... birthday such as 25, 30, 40 or 50, divorce, a child starting primary or secondary school, getting a degree, death of a spouse, salary hike, taking out a mortgage or moving into full-time from part-time work. "Removing some of the barriers that traditionally ... |
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