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Showing 31 - 40 of 178 results for "Social security"

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... Meanwhile, regarding regulation, JM3 Projects principal John Mitchem noted that the US system is fragmented across social security, the treasury, comptroller of the currency, the consumer financial protection bureau and the department of Labor which ...

ASIC confirms advisers can offer home equity access guidance

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... Capital Advisory financial planner Michael Miller, ASIC said the operation of the Scheme is provided for under the Social Security Act 1991 (Cth) and is debt owed by the recipient to the government. "The Scheme is provided for under statute and not under ...

Colonial reveals Australia's huge untapped workforce

ANDREW MCKEAN  |  THURSDAY, 16 JUN 2022
... crunch. Advice such as assistance with cash flow management, tax planning, retirement planning and the management of social security. "The financial advice sector understands there is an increasing need for specialist advice for older Australians to ...

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... economies. From a fiscal perspective, this has an adverse effect on the economy as insurance through super reduces the social security costs of supporting underinsured individuals. Partner at Deloitte Access Economics John O'Mahony said: "Insurance in ...

Tax, welfare reform on election agenda

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... rent in often unsuitable housing, and ensure that their children get the start in life they deserve. Increasing social security improves health, wellbeing and social outcomes, and also benefits the economy - so it's an all-round win-win." The most recent ...

Tough news for those already doing it tough

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... reducing again in January 2021 to $150 a fortnight and were entirely ceased by the end of March 2021. Expenses in social security and welfare overall - which includes expenses for pensions, services to the aged, unemployment support, disabilities support ...

Floods, fires, plagues catered to in Budget

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... forecast. For major disasters, the government also has the ability to approve payments to individuals under the Social Security Act 1991. Separately, the government maintains an Emergency Response Fund (ERF), but it is only able to draw $200 million ...

Childcare key to super gap

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
... suggested that over the long term, affordable childcare could also improve the Budget bottom line by reducing social security payments and the age pension, adding extra income and super tax earnings while cutting the gender super gap. "The gender super ...

Retirement Income Covenant closer to materialising

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
... "income paid from, or supported by, a superannuation interest in the entity; income from an age pension under the Social Security Act 1991 ", the four-page document shows. Minister for superannuation, financial services and the digital economy Jane Hume ...

Life insurance drives economy: Research

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
... benefits to society, particularly taxpayers. The latest budget showed the government's largest budget item was social security and welfare at 33.9%. Rice Warner research also showed that underinsurance costs the government $57 million for life insurance ...