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Showing 561 - 570 of 677 results for "Age Pension"

Super tax concession policy 'fatally flawed': SPAA

JAMES FERNYHOUGH  |  THURSDAY, 27 JUN 2013
... concessions." Slattery said governments need to look at the wider system, taking into account reduced spending on the age pension, and tax revenue gained from earnings of superannuation investments and from withdrawals. SPAA's director of technical and ...

Next government to reconsider super taxes: Grattan Inst

ALEX DUNNIN  |  WEDNESDAY, 5 JUN 2013
... superannuation tax concessions. We will also probably hear more about whether superannuation design could be improved to reduce Age Pension liabilities," he said. Age pension expenditure was the third highest growth area of the budget between 2003 and ...

SPAA, Deloitte join calls for SG deferral rethink

MARK SMITH  |  MONDAY, 20 MAY 2013
... disappointing". "The decisions to increase the Superannuation Guarantee to 12% and lift the qualifying age for the age pension to 67 years were all about helping Australians provide for their own retirement," Mason said. "We understand that the Coalition ...

Budget 2013-14 wrap up

ALEX DUNNIN  |  WEDNESDAY, 15 MAY 2013
... State FirstTech. But the most strategically interesting proposal is that of a trial means tested exemption program for age pension recipients who downsize from their family home provided they place at least 80% of any excess sale proceeds (up to $200,000) ...

Govt could handcuff SMSFs

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
... SMSF community to bypass the advice and funds management industry could ultimately lead to a rise in the government's Age Pension liabilities. "For some reason, the type of individuals that set up their own SMSFs largely prefer to make their own investment ...

Planners race to plug gap in aged care advice

LAURA MILLAN  |  MONDAY, 6 MAY 2013
... time," head of the division Brendan Burwood said. Recent estimates show that the cost of aged care is 85% of the full age pension. The aged care dilemma will only intensify and according to research by Rice Warner Actuaries for the Financial Services ...

Super changes ease political and financial uncertainty

MARK SMITH  |  FRIDAY, 5 APR 2013
... important that governments take action to help people boost their own retirement savings to take pressure off the age pension in the future and help retirees pay for other age-related expenses that would otherwise require further government support." ...

ASMA dismayed by proposed super hikes

MARK SMITH  |  THURSDAY, 4 APR 2013
... chief executive, Association of Superannuation Funds of Australia who says that, after savings the system makes to age pension expenditure and 'other leakages', $16 billion is a more realistic figure. "Despite what you may be hearing and reading in the ...

Super debate heats up ahead of Budget

MARK SMITH  |  THURSDAY, 28 MAR 2013
... necessary feature of superannuation as they grow the pool for people to self-fund their retirement, taking pressure of the Age Pension in the future," she said. ASFA says that the cost of super tax concessions - put at $32 billion a year in the Tax Expenditure ...

Age pension is retirees' main income source

LAURA MILLAN  |  THURSDAY, 21 MAR 2013
The age pension becomes the main source of income for Australians once they retire while their portfolio exposure to equities decreases as time passes. Justin Wood, a founding shareholder of Vinva Investment Management, explained to the Conference of ...