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Showing 31 - 40 of 63 results for "Preservation Age"

Tax debate highlights need for investments outside super

ALEX BURKE  |  TUESDAY, 14 APR 2015
... investments outside of superannuation," he said. This necessity is exacerbated, he said, by the proposed lifting of the preservation age to 70. He added, "If the access age increases it may disadvantage those who have the means to retire at 65 by taxing ...

Demography must drive reform

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS  |  FRIDAY, 27 FEB 2015
... $60,000 per year is eligible to receive a part age pension according to RiceWarner Actuaries. Similarly, the preservation age is too low at age 60. The gap between when people retire and when they can access their superannuation must close -- $200 billion ...

Further raise pension age, says Future Leaders winner

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
... 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 that both areas should be taken out of politics. Deloitte Wealth Management leader Neil Brown said ...

FSC bids to lead retirement income debate

MARK SMITH  |  THURSDAY, 7 AUG 2014
Financial Services Council (FSC) chief executive John Brogden has called for a national retirement income policy. In his keynote speech to the FSC Annual Conference, Brogden said the FSC would embrace the opportunity and lead the debate on taking superannuation ...

FEATURE: Gear up for retirement

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... changes in the Age Pension eligibility. But Hockey has already referred to major changes to the superannuation preservation age. Shortly after the release of the 2014-15 budget, he said that the government will have "more to say on retirement incomes ...

Raise preservation age with some exceptions: FSC

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
The Financial Services Council (FSC) is pushing for an increase in the preservation age to 65, but with early access measures for those who are unable to work to that age. The FSC said that, with the Age Pension eligibility age set to rise to 70 by ...

Super advocates urge caution on age access

AAP  |  TUESDAY, 20 MAY 2014
... changes any time soon. The Association of Superannuation Funds of Australia (ASFA) believes the superannuation preservation age should be set at least five years lower than the Age Pension eligibility age. "We would encourage the government to consider ...

Treasurer signals major superannuation shake up

ALEX DUNNIN  |  TUESDAY, 20 MAY 2014
... are trying to give people a long lead time." Hockey's warning of major changes to superannuation regarding the preservation age and possibly adjusting aspects of how the superannuation tax subsidies operate reinforce how in changing the age pension entitlement ...

Industry prepares for Abbott's first budget

JAMES FERNYHOUGH  |  TUESDAY, 13 MAY 2014
... Commonwealth's biggest ever spending on infrastructure." Apart from changes to the Age Pension eligibility age and to the preservation age, it is not expected that there will be significant changes to superannuation. At a doorstop interview Treasurer ...

Higher pension age to drive increase in early super releases

ALEX DUNNIN  |  WEDNESDAY, 7 MAY 2014
... designed to avoid would-be pensioners arbitraging their entitlements. Early release of superannuation before the preservation age has been handled by the Department of Human Services since 2011. According to their own figures, only 18,000 people last ...