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Showing 41 - 50 of 62 results for "Assets Test"

Widen access to PLS, say cross-bench senators

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
... available to people of pension age or their partners who are unable to receive a full pension because of the income or assets test. The scheme allows people to top up a part pension to the full rate. Compound interest is charged on the loan and it is ...

Age pension kept at highest indexation rate

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... retirement, the retirement standard sets a benchmark for the minimum amount required." Under the current Age Pension assets test framework, ASFA estimates a couple would need a joint superannuation balance of around $510,000 to achieve a comfortable ...

Age Pension under the spotlight in tonight's budget

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
... budget will not proceed. However,A Morrison confirmed a number of changes, such as not including the family home in the assets test or increasing the assets free area to qualify for the full pension. The Government is also planning to reduce the maximum ...

Morrison protects homes from Age Pension means test

DARREN SNYDER  |  THURSDAY, 7 MAY 2015
... for single home owners and $286,500 to $375,000 for couple home owners. "The family home will not be included in the assets test and never will under a coalition government," Morrison said. At the same time the government is planning to reduce the maximum ...

Super not "a top-up" for Age Pension: FSC

LAURA MILLAN  |  THURSDAY, 26 FEB 2015
Superannuation should no longer be considered "a top-up" for the Age Pension and the tax treatment of super debate can't be brought up in isolation, the Financial Services Council (FSC) chief executive Sally Loane said in her inaugural speech. "The ...

FSC bids to lead retirement income debate

MARK SMITH  |  THURSDAY, 7 AUG 2014
... compulsory or incentivised pensions, whether Age Pension and preservation ages should be aligned with life expectancy, the assets test and access to the Age Pension, the role of life insurance in decreasing the welfare burden, and whether or not 12% ...

New laws bring aged care advice into the spotlight

LAURA MILLAN  |  MONDAY, 7 JUL 2014
... exempt from the social security assets and income test up to the $12,000 threshold. "For an individual subject to the Assets Test, a funeral bond could increase their pension by up to $18 per fortnight, which is equivalent to a 3.9% return on the $12,000 ...

National Seniors asks Inquiry to deliver "top quality" advice

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

Challenger stages lifetime annuities comeback

MARK SMITH  |  WEDNESDAY, 19 JUN 2013
... six companies achieved sales of $280 million. This figure was achieved mainly because it marked the last year that Assets Test Exemption applied. Sales plummeted back to just $24 million in 2005. In 2012 sales of lifetime annuity products totaled just ...

ASX bolsters mid to small caps

MELANIE TIMBRELL  |  TUESDAY, 3 APR 2012
... capitalisation of $300 million or less. The updated admission requirements include the increase of the net tangible assets test from $2 million to a minimum of $4 million and changing the spread test to allow three levels at which acceptable shareholder ...