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Showing 51 - 60 of 596 results for "Age pension"

Retirees feel the brunt of inflation: Challenger

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
... example, on travel or entertainment, and a proportion of costs may also be covered by Medicare. Challenger said that the Age Pension also provides some protection from inflation, including the twice-yearly indexation of Age Pension Payments and the Pensioner ...

Pensioner work bonus top of mind for advisers

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
Social security measures relating to the Age Pension are among the most popular regulatory topics for Australian financial advisers, based on the questions they're asking BT's technical team. According to BT, the $4000 increase to the work bonus for ...

ASIC confirms advisers can offer home equity access guidance

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... provide advice on the HEAS. Additionally, the HEAS is often used in conjunction with other financial products, such as age pension entitlements and super pensions, or annuities, Miller continued.

Household Capital acquires Pension Boost

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... mission to deliver scaled access to home equity." "We believe our proposition, together with superannuation and the age pension, provides the full package for retirees." Further, a Household Capital statement outlined that the acquisition of Pension ...

Evidence of poor LRBA advice: Report

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
... a high risk to their retirement savings and, by extension, increase the risk of higher fiscal outlays through the Age Pension. Commenting on the report, SMSF Association chief executive John Maroney said: "In 2019, our response to the CFR was that an ...

Cost of retirement in lockstep with inflation: ASFA

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
... pension retirees receive as they struggle to deal with the global economic challenges they are facing. In contrast, the Age Pension remains affordable for the government in Australia where, in aggregate, retirees on average have larger private retirement ...

Confidence in a 'comfortable' retirement nears lows

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... rising inflation. Investment Trends research director Dougal Guild commented: "In addition to relying on the government Age Pension, we are starting to see non-retirees making plans to reduce their spending and delay the start of their retirement in ...

Government eyes crackdown on super tax concessions

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
Concessional tax arrangements for high balance super funds will be reviewed by the government. Assistant treasurer and minister for financial services Stephen Jones spoke at the Australian Financial Review Super & Wealth Summit, saying the taxation ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... retirement income reduces or even runs out?" The report settles that this may result in retirees falling back on the Age Pension, which is less than ASFA's comfortable standard of living. As an alternative, it prescribed investing in efficient and ...

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
... to see a drop from $3 to $2 per fortnight. "I recognise that would be a fairer system but would also increase the age pension bill which is not what the government is trying to do currently but it is something we've been advocating," Knox said. Another ...