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Showing 531 - 540 of 677 results for "Age Pension"

Think tank calls to end super tax concessions

MARK SMITH  |  TUESDAY, 22 APR 2014
... time superannuation tax concessions will be the single largest area of government expenditure. By comparison, the age pension currently costs $39 billion. According to the report, entitled Sustaining us all in retirement: The case for a universal age ...

FSC lobbies against super "7 year gap"

LAURA MILLAN  |  WEDNESDAY, 16 APR 2014
... task to figure out the right age. However, he called for a tightening of the means testing for the eligibility on the age pension. Brogden said that at the moment "you can have a family home untaxed and unmeasurable for your pension eligibility, you ...

Protection needed if pension age increased: AIST

LAURA MILLAN  |  TUESDAY, 15 APR 2014
... there were other considerations government must make before making such an increase. "Those advocating reforms to the age pension and access age for superannuation needed to consider that a substantial number of older Australians did not get to choose ...

Professor proposes cheap longevity insurance design

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
... is based on a free market environment in which there is either no welfare state or an inadequate one. Currently the Age Pension functions as longevity insurance.

Hockey signals pension age might climb to 70

ALEX DUNNIN  |  FRIDAY, 11 APR 2014
Treasurer Joe Hockey has issued veiled warnings that welfare spending and age pension structures will need to be changed say by raising the pension age to make them affordable. In a major speech he presented this week to the 'The Global Age of Responsibility ...

National Seniors asks Inquiry to deliver "top quality" advice

MARK SMITH  |  TUESDAY, 8 APR 2014
... ill-informed consumers, and investigate the costs and benefits of exempting equity from the sale of the family home from the age pension assets test.

Less than 15% meet ASFA standard of retirement savings

LAURA MILLAN  |  MONDAY, 31 MAR 2014
... unlikely to achieve adequate retirement incomes, even if all sources of savings -and not just superannuation and the age pension- are included. Researchers found that only 53% of couples and 22% of singles surveyed by the Household, Income and Labour ...

QSuper unveils 'industry first' lifecycle product

JAMES FERNYHOUGH  |  THURSDAY, 27 MAR 2014
... the investment strategies for each group would take into account the median projected retirement income (including age pension entitlements), salary and contribution rates and retirement date. QSuper chief executive Rosmary Vilgan said: "There has been ...

FEATURE: Insuring against longevity risk

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
... When you draw down on the last of your allocated pension then that is the end of super, and it's on to the meagre age pension. According to ASFA, the current system will not provide the majority of Australians with a comfortable retirement, as it was ...

Advised pre-retirees more confident about retirement

LAURA MILLAN  |  FRIDAY, 28 FEB 2014
... financial adviser do it inside their super fund as a primary source of advice. The research found that reliance on the age pension is set to increase, with pre-retirees anticipating drawing a median 25% of their income in retirement from the age pension ...