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Showing 51 - 60 of 673 results for "Age pension"

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... three in four single women, and this problem is set to get worse, according to a Grattan Institute report. While the Age Pension provides an adequate, albeit modest income in retirement for those who own their own home - 78% of over 65s are homeowners ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... the expansion of intra-fund advice to include Transition to Retirement, Retirement Income Stream, household view, age pension, and implementation would help provide more Australians access to the benefits of financial advice and support. "We're very ...

AMP launching 'market first' digital advice solution for super members

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... Super members will be able to personalise their retirement income goals and compare it to benchmarks, including the Age Pension and ASFA's Retirement Standard. They can also receive a Retirement Income Score and My Retirement Report, and through ...

How much is needed to maintain your standard of living in retirement?

ANDREW MCKEAN  |  FRIDAY, 24 JAN 2025
... "mid-level" - $1650 per fortnight or $43,000 per year - SCA said $310,00 in savings would be required until age 90; the Age Pension would typically cover 67% of retirement expenses. For single retirees planning to spend at a "high-level" - $2270 per ...

$3m super tax will level playing field: Australia Institute

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... Norway," he said. "Superannuation tax concessions are designed to encourage people to save and reduce dependency on the Age Pension, they are not designed to be used by the very wealthiest in society to avoid paying tax." The Better Targeted Superannuation ...

Top superannuation policy priorities for 2025: SMC

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
... retirement could look like," calling for super funds to assist members in understanding their eligibility for the age pension or other government benefits. Government agencies should share information on the age pension and other government support payments ...

Australians satisfied with super performance: ASFA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... about 70% of respondents view their super as a nest egg to fund retirement or as a means of preventing reliance on the Age Pension. Just 4% said they'd rather have access to those savings now for personal use; they were typically located in regional ...

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... conference to call for the strategy that would acknowledge how the three pillars of retirement income - superannuation, the age pension, and private savings - interact to ensure all Australians have access to adequate, sustainable, and equitable retirement ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... dial for our members and do more for them, particularly around education and advice including on eligibility for the Age Pension, which will be critically important for most of our members with low retirement savings," she said at the time. "Inevitably ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
... superannuation system, where super was the preserve of men and older single women were expected to survive on the Age Pension alone." Kowalczyk added there was a concern the proposal could enable economic abuse of women by their former partners in the ...