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Showing 601 - 610 of 677 results for "Age Pension"

SG High Court challenge lost

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
A legal challenge that questioned whether the Superannuation Guarantee Charge Act was valid under the constitution has lost in the High Court of Australia. The case, Roy Morgan Research Pty Ltd v Commissioner of Taxation, ultimately found that the Superannuation ...

Super funds see hybrid opportunity

ELISE BURGESS  |  MONDAY, 26 SEP 2011
... most pressing concern for retirees, in particular those with more than $250,000 in super who don't qualify for the Age Pension. Hildyard said growth-biased investment solutions are flying in the face of retiree's preference for certainty and heightened ...

Obama punts on US$300bn jobs package

ALEX DUNNIN  |  THURSDAY, 8 SEP 2011
... Julia Gillard announcing a program worth $20 billion. That's half the value of the entire NBN, half the value of our age pension entitlement program or the budget for the Australia military. Put another way, it's worth the same as 1,923 of the 4,600 ...

Super now the fourth pillar

ALEX DUNNIN  |  WEDNESDAY, 17 AUG 2011
... grow into a savings pool that is now 110% of the nation's GDP. "The first pillar is the basic wage, the second is the age pension, the third is Medicare and superannuation is now the fourth. I believe the National Disability Insurance Scheme will become ...

Re-financing of aged care announced

RACHEL DAVIS  |  TUESDAY, 9 AUG 2011
The Productivity Commission's inquiry into Australia's aged care system has released its final report. Fundamental changes to the way aged care is delivered and financed are proposed, including the move towards user pays. The Productivity Commission's ...

Fund manager recommends less defensive retirement

MATT WOODINGTON  |  WEDNESDAY, 27 JUL 2011
... balance, putting that in an income stream can give you that extra few thousand dollars a year (in addition to the age pension) to give you that modest lifestyle."

Govt responds to self-funded retirees

ELISE BURGESS  |  TUESDAY, 12 JUL 2011
... Self-funded retirees will also continue to receive their current entitlement and the same amount of assistance as for the age pension. Shorten and Brown also stated that seniors who do not currently pay tax, receive a pension or hold a Seniors Health ...

Equities don't work in retirement

ALEX DUNNIN  |  TUESDAY, 10 MAY 2011
... to retirement funds, presenting a big opportunity to life offices and super funds to create products that mimic the age pension. Jeremy Cooper, former head of the Superannuation System Review who now heads the retirement income products division at Challenger ...

Super policies shortchange women

MICHELLE BALTAZAR  |  TUESDAY, 29 MAR 2011
... superannuation savings gender gap. Overall, women just aren't getting enough from their super and have to rely on age pension to supplement their retirement income. The shortfall is even wider for those who take career breaks, with the research showing ...

Speed bumps to annuities

ELISE BURGESS  |  FRIDAY, 25 MAR 2011
... affecting how super funds can address longevity risk, according to a Towers Watson report. Under the current tax and the age pension means test provisions, deferred lifetime annuities are penalised during the deferment period, restricting the development ...