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Showing 461 - 470 of 677 results for "Age Pension"

Superannuation tax concessions unsustainable: Bowen

DARREN SNYDER  |  FRIDAY, 15 MAY 2015
... Budget within four years. It believes the cost of existing superannuation concessions will outstrip the cost of the age pension in a decade. Labor's plans include improving the budget bottom line by an additional $14 billion through tightening "unsustainably ...

Age pension kept at highest indexation rate

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... representative groups agree Australians will need to put more money in to their super accounts after changes to the Age Pension were announced in the federal budget. Most changes to the Age Pension came as no surprise, already announced by Social Services ...

Age Pension under the spotlight in tonight's budget

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
The 2015 Budget is expected to focus largely on Age Pension reforms that will likely require changes in the approach that the superannuation industry, financial advisers and professional investors take to design retirement strategies. Prior to the release ...

Morrison protects homes from Age Pension means test

DARREN SNYDER  |  THURSDAY, 7 MAY 2015
Federal Social Services Minister Scott Morrison has confirmed that the family home will never be included in the Age Pension means test under a Coalition government. At the same time, a raft of pension reforms potentially saving $2.4 billion in the ...

Mercer launches retirement income strategy test

DARREN SNYDER  |  WEDNESDAY, 6 MAY 2015
... unable to account for the subjective nature of adequacy and differentiating factors, such as retirement balance and age pension entitlements, across a broad membership base.

Govt should support pensioner reverse mortgage access: CIS

ALEX DUNNIN  |  TUESDAY, 28 APR 2015
... centre-right pro-market think tank will add further momentum to growing consensus for reform to superannuation and age pension policy. The CIS said the policy issue it is trying to address in its report is not only that the age pension in its current ...

Hockey slams Labor super tax proposal

ALEX BURKE  |  THURSDAY, 23 APR 2015
... "reflects the reality that tax concessions on earnings for retirees are growing at more than twice the rate of the age pension." Taxpayers Australia head of superannuation Reece Agland concurred, saying that "while tax free retirement income is a great ...

ALP outlines superannuation tax policy

ALEX DUNNIN  |  WEDNESDAY, 22 APR 2015
... $250,000. In a statement, Bowen said the policy would save $14.3 billion over 10 years and take fiscal pressure off the age pension. "This measure will affect approximately 60,000 account holders with superannuation balances in excess of $1.5 million ...

$1m in super not enough: Cooper

MARK SMITH AND AAP  |  MONDAY, 20 APR 2015
... expert Jeremy Cooper has said that a super balance of $1 million would buy an income stream little greater than the age pension. The chairman of retirement income at Challenger, says a million dollars is always seen as a nice round figure in debates ...

Retirement income committee to launch in June

ALEX BURKE  |  FRIDAY, 10 APR 2015
... fundamental questions about retirement income, including superannuation tax treatment and structural changes to the age pension. The CSRI, though, aims to examine Australia's retirement income model from an independent, bipartisan perspective.