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Showing 41 - 50 of 3467 results for "Pension"

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... contributions for services to enjoy a dignified experience in aged care." Further, it said: "The taskforce suggests the Age Pension status of the participant, with some additional tiers for part-pensioners and non-pensioners, would be a fair and simple ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... "Breaking the seal on super leaves people poorer in retirement and costs every Australian taxpayer more from higher age pension costs," she said. SMC analysis found a 30-year-old couple who withdrew $35,000 each from their super could retire with about ...

Family offices still love hedge funds: Preqin

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
... allocation than endowment plans, foundations, investment trusts, corporate investors, wealth managers, private sector pension funds, government agencies, and public pension funds alike. Specifically, the report said family offices are showing interest ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... billion in funds under management just over a year after its launch in October 2022, alongside the quiet rollout of a pension product. Close behind, Essential Super's Employer - Lifestage 1980-1984 option, managed by Colonial First State (CFS) for ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... mid-2060s when the last of those who accessed the scheme, currently aged in their 20s, begin to retire and qualify for the Age Pension. These costs are borne by future taxpayers, either explicitly via an increase in taxes or implicitly via a reduction ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
Analysis shows an annuity that pays an income equivalent to the Age Pension would cost a retiree more than $500,000. In researching whether annuities could solve superannuation's need for better retirement income stream solutions, Rainmaker Information ...

GBST upgrades WealthConnect platform

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
GBST has enhanced its WealthConnect platform, introducing the capability to model interactive superannuation, pension, and self-managed super fund (SMSF) strategies. In May 2023, GBST acquired WealthConnect from Creativemass, a financial software provider ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... desirable and something that is very, very competitive." The success seen so far bodes well for Vanguard's newly launched pension products, comprising an account-based pension, SpendSmart, and a transition to retirement option, TransitionSmart. Like ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... payments rose 21.5% to $111.1 billion. The latter was the result of lump sum payments rising by 26.3% to $63.2 billion and pension payments increasing by 15.7% to $47.9 billion.

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... Ahead Institute finds that Australia's superannuation funds continue to cleave to equites for superior returns. The Global pension assets study report analysed 22 global pension markets and found Australia's high dependency on the equity markets, allocating ...