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Showing 471 - 480 of 677 results for "Age Pension"

Seniors weigh in on super tax discussion

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
... politicians and the broader community are realising the importance and inter-relation of superannuation, taxation, and age pension policies. COTA chief executive Ian Yates recently said the policies need to be reviewed collectively if "we are to get ...

Changes to super tax needed: AIST

DARREN SNYDER  |  THURSDAY, 2 APR 2015
... This compares to around $400,000 in government support received by those in the bottom decile, largely through the Age Pension. AIST believes the tax inquiry would be an opportunity to improve the targeting of tax concessions for those at the top end ...

Policies can adjust super tax concessions: ASFA

DARREN SNYDER  |  WEDNESDAY, 1 APR 2015
... provide people with additional income to live a better lifestyle in retirement than that which can be provided by the Age Pension alone. Once a person has built up enough superannuation savings that will enable them to achieve a fairly high standard ...

Industry bodies respond to Hockey's tax debate

ALEX BURKE  |  MONDAY, 30 MAR 2015
... targeted to those who most need the concessions to achieve a comfortable retirement, while minimising the draw on the Age Pension." AIST chief executive Tom Garcia also agreed with a superannuation concessions review, pointing to its recent research ...

Defensive pension pots just won't last

STAFF WRITER  |  WEDNESDAY, 25 MAR 2015
... expect to be able to draw down on their superannuation until the age of 90, taking into account receipt of a part Age Pension. However those who invest in a more diversified portfolio (43% cash/fixed income, 26% Australian equities, 17% international ...

Managers to battle for super pool offshore

LAURA MILLAN  |  MONDAY, 23 MAR 2015
... the country itself. We could end up in a situation where people have insufficient super and depend heavily on the Age Pension." Some Australian-based managers foresaw the need to invest offshore years ago. IFM Investors decided to go global when it realised ...

Intergenerational Report shows need for financial advice

ALEX BURKE  |  FRIDAY, 6 MAR 2015
... there is a growing need to ensure a sustainable retirement income over longer periods. "Fewer people relying on the Age Pension will clearly help reduce the overall financial burden on the nation. That's where getting the right financial advice comes ...

IGR proves current welfare level is unsustainable: FSC

LAURA MILLAN  |  FRIDAY, 6 MAR 2015
... "superannuation must be allowed to reduce ageing costs. This will be achieved through properly calibrating the super and age pension systems.A Over time, this should reduce the proportion of people receiving an age pension from 70% today." Industry Super ...

Tax concession debate "simplistic": SMSF Association

MARK SMITH  |  MONDAY, 2 MAR 2015
... measurements fail to account for the current or future savings to government created by reducing people's reliance on the Age Pension. "Excluding the future savings to Government expenditure on the Age Pension results in a myopic and overly simplistic ...

Demography must drive reform

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS  |  FRIDAY, 27 FEB 2015
... contribution rate is not yet high enough to provide fully-funded retirement incomes. While super has begun to reduce age pension outlays by $5.7 billion in 2013-14 according to NATSEM, it can further reduce age pension costs with the right settings between ...