Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 1076 results for %22Age Pension%22

Super tax concessions cost less than future Age Pension savings: Mercer

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
... According to a Mercer report, superannuation tax concessions for median income earners costs less than the future Age Pension savings from super. The Mercer Rethinking super tax concessions report shows under a model where individuals benefit from superannuation ...

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
... 2020 inception, GoalTracker has provided an average annual return of 11%. The strategy behind GoalTracker varies according to age. Younger members benefit from a focus on long-term growth, resulting in higher exposure to growth assets. As members approach ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
... contributions, could lead to considerable net budgetary savings. Additional savings could also emerge from a reduction of Age Pension payments due to increased superannuation balances for carers. Based on the 2023-24 budget papers, the initial annual ...

AMP rolls out new North features

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
... newly enhanced MyNorth Lifetime Super Calculator provides advisers with recommendations on strategies to maximise both Age Pension benefits and Centrelink Asset Test discounts. It includes structure capital in the accumulation phase to help clients better ...

Greg Combet steps down as IFM Investors, ISA chair

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... director, deputy chair and the chair during this time," Combet said. "IFM invests on behalf of industry super funds and global pension funds to benefit their members. This purpose makes IFM a distinct funds management business, one that aligns with my ...

SMSFs continue to fly solo

KARREN VERGARA  |  WEDNESDAY, 7 JUN 2023
... counted 606,217 active SMSFs, up nearly 10 % from the prior quarter. The survey also found that 30% of trustees under the age of 44 self-assessed their financial literacy as poor to average, and nearly half (42%) of female trustees surveyed indicated ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
... mitigate inflation risk. "For many retirees, the optimal retirement income strategy will comprise a tailored mix of Age Pension, ABP, and a lifetime annuity," it said. "Adjusting this mix can therefore be just as important as rebalancing allocations ...

Generation Life rolls out product enhancements

ANDREW MCKEAN  |  WEDNESDAY, 7 JUN 2023
... buffer during market instability. Further, clients can now opt for fortnightly payments, aligning with their Centrelink Age Pension payments or alternating fortnights. Generation Life general manager of retirement solutions Patrick Clarke said: "Our ...

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
... year to March. "The Rainmaker MySuper Single Strategy Index continued to outperform the Lifecycle MySuper Index across all age groups through the 12-month period," the latest Super Benchmarking report shows. "This marks the eleventh month of continuous ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... It's only a matter of time until a superannuation-like levy is proposed. Payments to seniors, which in the main are Age Pension payments and aged care expenditures, are meanwhile growing strongly but only by 7% each, which pretty much matches the ...