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Showing 41 - 50 of 93 results for "Means Test"

Six associations form new alliance

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
Several highly-regarded associations have joined forces in a bid to improve the retirement system, and unify against Labor's proposal to disallow refunds of excess franking credits for retirees and shareholders. The Alliance for a Fairer Retirement ...

Asset test rules hurting retirement savings: SMSFA

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2018
... other "detrimental" behavioural effects one year on. SMSF Association chief executive John Maroney said changes to the means test taper rate and thresholds, which came into effect on 1 January 2017, reduce the entitlement to the Age Pension as a person ...

Technical Services Forum tackles super challenges

ALEX BURKE  |  FRIDAY, 15 SEP 2017
The September Challenger Financial Standard Technical Services Forum addressed two key concerns around superannuation reform: death benefits and the cost of aged care. Speaking on the former, Colonial First State senior technical manager Yvonne Chu ...

Rethink the great Australian dream: Report

EMMA RAPAPORT  |  WEDNESDAY, 30 AUG 2017
Failure to address housing affordability issues could have long term national implications, with more Australians entering retirement without owning their home and low socioeconomic households forced out of cities, according to CEDA. In its latest report ...

Actuaries warn against one size fits all retirement products

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2017
The Actuaries Institute has urged the government to use caution when designing Comprehensive Income Products for Retirement, saying a prescriptive approach would see the proliferation of sub-scale, unsustainable products. In its submission to Treasury's ...

Australian private equity driving M&A

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2016
Australian private equity has boosted M&A activity by 16% over the last year, according to MinterEllison. New research from the law firm shows the healthcare sector was the biggest contributor to this, with private equity activity increasing significantly ...

Financial services given hand to protect seniors

DARREN SNYDER  |  FRIDAY, 27 MAY 2016
... National Seniors chief executive Michael O'Neill said. Labor has also committed to an independent review of the pension means test, should it win government - something National Seniors also supports. The taper rate changes announced by the Coalition ...

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... recommendations. We will also consult on how the new retirement income products will be treated under the Age Pension means test." These changes, which will generally take effect from 1 July 2017. Australian Institute of Superannuation Trustees (AIST) ...

Actuaries call for objectives across retirement system

DARREN SNYDER  |  FRIDAY, 8 APR 2016
... withdrawal factors for income streams. Lump sums above $195,000 to be taxed at 15% plus the Medicare levy. Maintain means test exemption on home equity releases. Establish specific target in relation to fiscal sustainability of the system (such as combined ...

Actuaries re-enter super housing debate

DARREN SNYDER  |  MONDAY, 14 MAR 2016
... Smartt said. Among several points, the paper discusses potential partial protection (up to a cap) from the Age Pension means test for amounts accessed under home equity release schemes and downsizing. It also discusses regulatory protection for the elderly ...