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Showing 561 - 570 of 1434 results for "The Age"

Spaceship looks outside of superannuation

KANIKA SOOD  |  WEDNESDAY, 23 MAY 2018
... won't say. The percentage takeout with the Voyager products is so far similar to that of the super products - 90% under the age of 44. Spaceship Index Portfolio currently holds companies such as Berkshire Hathaway, Walt Disney, Boeing and Westfield ...

Insurtechs must work with incumbents: EY

KANIKA SOOD  |  TUESDAY, 22 MAY 2018
Australian insurtechs are more of a complementary addition to the existing insurance value chain than disruptors, according to a new study by Ernst & Young. EY's report Insurtech: Enabler or disruptor? was produced in collaboration with insurTech Australia. ...

Age Pension needs national objective: Actuary

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
Actuary Michael Rice believes there should be a national objective for the Age Pension and the Federal Government could consider setting a combined target for Age Pension and aged care costs as a percentage of GDP. These are two of several policy initiatives ...

Budget means Aussies can get more from retirement

HARRISON WORLEY  |  WEDNESDAY, 9 MAY 2018
... Breckon highlighted how savings generated from policy changes, such as the banning of opt-out insurance for members under the age of 25, would become important later in members' lives. "Every penny you put in in the early years compounds nicely at the ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... pension payments. Further, about $11 million will be used to expand the Pensions Loans Scheme that allows everyone over the Age Pension age to borrow money against the equity of their house. Although not acknowledged in Morrison's Budget night speech ...

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... Budget expense sheets. Another $11 million will be used to expand the Pensions Loans Scheme that allows everyone over the age pension age to borrow against the equity of their house. All three measures don't commence until July 2019. The government has ...

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... that can be drawn throughout retirement. Ying doesn't know how long she will live and is worried she'll have to rely on the Age Pension if she runs out of money, so she only withdraws the minimum amount from her account each year, forgoing certain expenditure ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... Regulations and simplifying death benefits, among others. The FPA also wants the Government to let working Australians above the age of 75 to make contributions to superannuation, incentivising them to defer the Age Pension. The association made its ...

Six associations form new alliance

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... you are wealthy. Labor's proposed policy will change investment behaviour which may drive more people onto reliance on the Age Pension. The announced carve-outs are arbitrary and mean there may be more complexity and unfair consequences will ensue," ...

Govt reforms can tackle super gender gap: ASFA

KARREN VERGARA  |  FRIDAY, 4 MAY 2018
... urgent structural policy reforms needed on the growing disparity between the retirement incomes of men and women. Between the age of 55 to 59, men have a superannuation account balance on average of $237,022, while women end up with only $123,642. For ...