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Showing 481 - 490 of 677 results for "Age Pension"

Super not "a top-up" for Age Pension: FSC

LAURA MILLAN  |  THURSDAY, 26 FEB 2015
Superannuation should no longer be considered "a top-up" for the Age Pension and the tax treatment of super debate can't be brought up in isolation, the Financial Services Council (FSC) chief executive Sally Loane said in her inaugural speech. "The ...

Tightening of super tax concessions far from guaranteed

MARK SMITH  |  WEDNESDAY, 25 FEB 2015
... "Just because there is large area of expenditure does not mean the government is going to do something about it. The age pension costs about $20 billion per year. No-one would say that repealing it would give that saving. Those people might go onto other ...

Super is working but can be improved: Ripoll

MARK SMITH  |  FRIDAY, 20 FEB 2015
... Association of Superannuation Funds of Australia (ASFA)'s estimate that more than $7 billion a year is saved from Age Pension outlays because individual superannuation savings. At the same time, he added, Treasury estimates that the cost to the tax system ...

Remove 10% rule for deductible contributions: SMSF Association

LAURA MILLAN  |  TUESDAY, 17 FEB 2015
... goals of superannuation and in particular a focus on providing retirement income via the three-pillar system of the age pension, compulsory contributions and voluntary contributions." The SMSF Association also asked for the low income superannuation ...

AMP Capital joins retirement education portal

MARK SMITH  |  WEDNESDAY, 11 FEB 2015
... number of retirement products in the market, ongoing tinkering with the superannuation system, and changes to the age pension make post retirement investment a complex and ever-changing issue for advisers," he said. The portal aims to provide the tools ...

ASFA outlines spending needs of nonagenarians

MARK SMITH  |  WEDNESDAY, 14 JAN 2015
... expenses for major medical procedures and ongoing chemist and other medical expenses. "There is a $20,000 gap between the Age Pension and the level of expenditure required each year for a single person to live comfortably in retirement for a long time. ...

Challenger Care Annuity sales suspended

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
... social security payments". In an announcement to the ASX, Challenger said it expects the DSS's decision will reduce the age pension paid to most of the DSS clients who are also investors in the Care Annuity. The company also said the change is likely ...

Further raise pension age, says Future Leaders winner

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
... industry. Flegg chose to present on the FSI, and focused on the problem of the ageing population, arguing that the age pension eligibility age should be lifted to between 70 and 75, but that the superannuation preservation age should be left at 60, and ...

Mercer unveils longevity insurance product

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
... balance of $400,000 who invests $100,000 in Mercer Lifetime Plus will receive up to $10,000 per annum on top of the Age Pension once their superannuation runs out. The product is expected to launch early next year, with Vic Super and Media Super already ...

Expand PLS to all age pensioners: TAI

ALEX DUNNIN  |  THURSDAY, 18 SEP 2014
... Boosting retirement incomes the easy way ' that draws attention to the PLS which is a scheme where recipients of the full age pension who own sufficient equity in their home are able to borrow the equivalent of their age pension secured against their ...