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Showing 51 - 60 of 162 results for "Older Australians"

Government moves to cut work test

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
... government's Treasury Laws Amendment (Measures for a later sitting) Bill 2020: Improving Flexibility for Older Australians, which will amend the Superannuation Industry (Supervision) Regulations 1994 in an effort to help older Australians boost their ...

Retirement funding system failing: Report

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... activity." Household Capital made several recommendations to the Retirement Income Review including incentivising older Australians to use their home equity to improve retirement funding, requiring all superannuation funds to offer a comprehensive retirement ...

Better retirement income products needed

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
... that they will outlive their savings. New insights from Challenger and National Seniors Australia reveal 53% of older Australians are worried about outliving their savings and women are even more worried. About 59% of women are concerned they'll outlive ...

Cost savings, RC boost digital advice

JAMIE WILLIAMSON  |  MONDAY, 16 DEC 2019
... Australian population," Sargon chief executive Phillip Kingston said. "Tired stereotypes do not apply here. Older Australians have no issues using digital technology, while younger Australians will engage with their superannuation. Decimal's role ...

Industry's Best of the Best celebrated

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... comes to the products serving their retirement savings. "Young people have different superannuation needs than older Australians, and women often have different superannuation needs than men," Snyder said. "It was a common sense decision to show young ...

Downsizer contributions skyrocket

KARREN VERGARA  |  TUESDAY, 9 JUL 2019
... year ago. More than 4200 individuals have used the downsizer measure, according to Federal Treasury figures. Older Australians living in New South Wales (31%), Victoria (26%) and Queensland (24%) have been fully embracing the initiative since it was ...

More Australians retire with big mortgages

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
... taking on larger debt later in life might undermine one of the goals of the superannuation guarantee - to help older Australians live independently and at a good standard of living without having to rely on the aged pension," Wood said. "If growing numbers ...

Navigating the new Pensioners Loan Scheme

KANIKA SOOD  |  THURSDAY, 6 JUN 2019
... applying for the revamped Pensioners Loan Scheme, says AMP. The scope of the Pensioners Loan Scheme, which allows older Australians to borrow money against their homes to supplement their income while in retirement, was expanded in last year's budget ...

Australians lose record amount to scams

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
Older Australians, Indigenous Australians and those with a disability have reported record losses to scams in 2018, including more than $85 million to dodgy investments. Australians in total lost almost half a billion dollars to scams in 2018. However ...

Super leaves retirees vulnerable: Research

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
Older Australians are feeling the pressure of a retirement system geared towards superannuation, according to National Seniors Australia. The report, launched in conjunction with Challenger, shows over a quarter of retirees who claim they can't tolerate ...