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Showing 541 - 550 of 791 results for "Pensions"

All clear for a bail

BENJAMIN ONG  |  WEDNESDAY, 22 JUN 2011
... protests on the streets since last year when the government implemented austerity measures that included reduction in pensions, increased sales taxes, excises on petrol, alcohol, tobacco and luxury items, tougher rules for disability benefit eligibility ...

Dutch pension fund set for major reforms

MATT WOODINGTON  |  TUESDAY, 14 JUN 2011
... measure will place too much risk in the system. Under the new agreement, Dutch citizens will be able to draw their state pensions at the age of 66 rather than 65 from 2020. This could rise to 67 from 2025 should life expectancy rise as forecasted. The ...

Shorten phases out drawdown relief for account-based pensions

ELISE BURGESS  |  TUESDAY, 7 JUN 2011
... pension payment. Announced in the 2011-12 Budget, the Government will reduce the minimum payment amounts for account-based pensions by 25 per cent for the 2011-12 financial year. This announcement represents a phasing out of the drawdown relief. "The ...

Diversified pension policy is best: OECD

ALEX DUNNIN  |  WEDNESDAY, 25 MAY 2011
... this balance is forcing countries to adopt policies they previously would have dismissed as radical, reveals the OECD 'Pensions at a Glance 2011' report. "Half of OECD countries are already increasing statutory pension ages or will do so in coming decades. ...

Super problems to short-change retirees

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
... wealth-management approach. Lifetime annuities needed to be a bigger part of a retiree's defensive allocation. Private pensions also had a role to play, he said.

Advisers not ready for super changes

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
... Morningstar Investment Conference in Sydney that the world of superannuation was changing from one of accumulations to one of pensions. In his keynote speech, Cooper said advisers were still focused on accumulation, but that focus was likely to shift ...

Voluntary top-up contribs not enough: ASFA

ALEX DUNNIN  |  WEDNESDAY, 4 MAY 2011
... replacement ratio is only 42 per cent compared to the OECD average of 59 per cent, notwithstanding that over generous OECD pensions are a major cause of Europe's fiscal melt-down. While ASFA's report noted that recommendations for superannuation reform ...

SMSF trustees hit pension payment woe

ALISON BEVEGE  |  FRIDAY, 29 APR 2011
Self-managed super fund trustees risk being hit by tax and forced liquidations in the pensions phase if they don't plan ahead, financial services firm HLB Mann Judd has warned. Michael Hutton, head of wealth management at the firm, said self-managed ...

Super future hangs on High Court decision

ALISON BEVEGE  |  THURSDAY, 7 APR 2011
... ATO and the Federal Government have argued that it does have a public purpose - to relieve the public purse of paying pensions. Ross Clare, director of research at the Association of Superannuation Funds of Australia Limited said Roy Morgan had failed ...

Europe to follow Australian sustainability lead

MATT WOODINGTON  |  MONDAY, 4 APR 2011
... funds offer an increasingly important market for UK investment managers. This briefing increased awareness in the UK pensions industry that responsible investment is now the norm for Australian pension funds." According to UKSIF, in Europe the total ...