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Showing 521 - 530 of 1434 results for "The Age"

Pension lessons from around the world

JAMIE WILLIAMSON  |  THURSDAY, 15 NOV 2018
... the UK - an increase of 43% since 2012. The median income of a NEST member is about £18,000 ($32,000) and 63% are under the age of 40. NEST is obligated to take on any employer that approaches it and is also obligated to be low-cost, charging 50 basis ...

Government amends key super reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
... delegates at the 2018 ASFA Conference, Assistant Treasurer Stuart Robert said the exception will apply to new members under the age of 25 or with an active low balance in prescribed dangerous occupations. Robert said the move follows feedback from stakeholders ...

We must do better: ASFA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
Improvement is a ceaseless quest and Australia's superannuation industry must do better to ensure positive outcomes for members. Opening the 2018 ASFA conference in Adelaide this morning, ASFA chair Michael Easson didn't shy away from the criticism ...

FSC moves to protect retail super from ALP 'tinkering'

HARRISON WORLEY  |  WEDNESDAY, 14 NOV 2018
... superannuation, and hitting retirees hardest, will only erode confidence in the system, leaving more Australians reliant on the Age Pension," Loane said. "The FSC considers that franking credit refunds should continue. They provide substantial support ...

Grattan says Aussies retiring comfortably, ISA responds

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
... maximum rate of Commonwealth Rent Assistance - worth more than $1,400 a year for a single retiree. It also wants to loosen the Age Pension assets test, saying it could boost retirement incomes for around 20% of retirees today, rising to more than 70% ...

Superannuation must catch up to gig economy

DARREN SNYDER  |  WEDNESDAY, 31 OCT 2018
... expense of permanent staff. Again, more than half (53%) expect an increase in female employees; and 56% said workers under the age of 30 years did not consider superannuation as important. As part of a panel session at the breakfast - Salt, Walsh and ...

Downsizer scheme gains ground

JAMIE WILLIAMSON  |  WEDNESDAY, 24 OCT 2018
... form part of a clients' tax-free component within super and will be taken into account for determining eligibility for the Age Pension, while the value in a main residence is exempt.

Young advisers key to business sustainability

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
... different life-stage and have different financial objectives." About 70% of firms are looking to engage clients under the age of 44, with the recruitment of younger employees just one way of achieving this. More than 80% of high performers are engaging ...

Aged care RC will spook Aussies into advice

HARRISON WORLEY  |  THURSDAY, 11 OCT 2018
Delegates today heard the impending Royal Commission into aged care could serve as a catalyst for more Australians to access financial advice. While presenting a focus session on the new age of aged care, Challenger technical services manager Sean Howard ...

Financial literacy critical to European retirement

DARREN SNYDER  |  THURSDAY, 11 OCT 2018
Australians are not alone when it comes to leaving retirement savings on the table from a lack of financial literacy. However, Europeans arguably face a steeper learning curve. The J.P. Morgan Asset Management 2018 Income Barometer Survey, which interviewed ...