Search Results | Showing 31 - 40 of 596 results for "Age pension" |
| | | ... According to a Mercer report, superannuation tax concessions for median income earners costs less than the future Age Pension savings from super. The Mercer Rethinking super tax concessions report shows under a model where individuals benefit from superannuation ... |
| | | | ... contributions, could lead to considerable net budgetary savings. Additional savings could also emerge from a reduction of Age Pension payments due to increased superannuation balances for carers. Based on the 2023-24 budget papers, the initial annual ... |
| | | | ... newly enhanced MyNorth Lifetime Super Calculator provides advisers with recommendations on strategies to maximise both Age Pension benefits and Centrelink Asset Test discounts. It includes structure capital in the accumulation phase to help clients better ... |
| | | | ... mitigate inflation risk. "For many retirees, the optimal retirement income strategy will comprise a tailored mix of Age Pension, ABP, and a lifetime annuity," it said. "Adjusting this mix can therefore be just as important as rebalancing allocations ... |
| | | | ... buffer during market instability. Further, clients can now opt for fortnightly payments, aligning with their Centrelink Age Pension payments or alternating fortnights. Generation Life general manager of retirement solutions Patrick Clarke said: "Our ... |
| | | | ... It's only a matter of time until a superannuation-like levy is proposed. Payments to seniors, which in the main are Age Pension payments and aged care expenditures, are meanwhile growing strongly but only by 7% each, which pretty much matches the ... |
| | | | ... showed that only 42% of participants are confident about having enough super for retirement, while 43% believe the Age Pension will suffice if their super savings deplete. Delving further into consumer choice and behaviour, the survey indicated that ... |
| | | | ... implemented. Tax breaks on super currently cost about $45 billion a year and are estimated to surpass the cost of the Age Pension by 2036. As previously flagged Grattan wants to see super earnings in retirement taxed at 15%, pre-tax contributions of ... |
| | | | ... The final recommendation involves improving how super interacts with other parts of the retirement system like the Age Pension. Annual benefits paid out by superannuation as retirement income would be 10% higher each year, increasing to $38 billion more ... |
| | | | ... would this extra money improve the quality of life for individuals at retirement it would reduce the burden on the age pension," ISA said. The federal government has alluded to extending the Fair Work Commission powers to establish a minimum set of employment ... |
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