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Showing 721 - 730 of 1434 results for "The Age"

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
... defined. We now have no choice but to reel them back in." KPMG believes these super tax proposals, together with changes to the age pension, will raise nearly $5 billion towards the deficit and "meet the test of fairness."

Boomers surprisingly open to fair super tax changes

MARK SMITH  |  THURSDAY, 28 APR 2016
... sacrosanct, 32% agreed that properties valued at $2.5 million or higher should have at least part of their value included in the Age Pension assets test. More than half (55%) disagreed that the current retirement income system allows or has allowed them ...

FSC sends final budget message

DARREN SNYDER  |  WEDNESDAY, 27 APR 2016
... 40 years' time, in 2055, there will be 2.7 taxpayers for every retiree compared to 4.7 today. "We can't simply rely on the Age Pension, there will not be enough taxpayers there in 40 years' time to support everybody," Loane said. The FSC is hoping for ...

Challenger annuities march on

MARK SMITH  |  FRIDAY, 22 APR 2016
Challenger's annuity business has continued its charge with sales of $575 million in the quarter ending March 31. The figure represents a 29% on the same period last year and included strong growth in both term annuities (up 22%) and lifetime annuities ...

Pre-retirees understand super's objective

DARREN SNYDER  |  WEDNESDAY, 13 APR 2016
... pensions and allowances. "This shows that older Australians understand that while super is the main game for retirement, the Age Pension can make up a meaningful proportion of retirement income. This can be comfort to many Australians, but it's there ...

Lifestage funds outperform early

DARREN SNYDER  |  TUESDAY, 12 APR 2016
... underperformance is 1.2% for 60 years plus or three times the younger person uplift. Rainmaker also found that between the ends of the age spectrum there is a similar performance result for the MySuper investment strategies, particularly around the 40-49 ...

Super's objective needs to get personal

DARREN SNYDER  |  TUESDAY, 12 APR 2016
... This would be an alternative to the FSI definition for super to "provide income in retirement to substitute or supplement the Age Pension." WSSA chief executive Douglas Latto said there needs to be a method of engaging working Australians to be active ...

Government releases draft life insurance regulations

ALEX BURKE  |  FRIDAY, 8 APR 2016
... circumstances where proposed clawback arrangements would not apply. These include where a policy is automatically cancelled due to the age of the insured, where the insured commits suicide or where premium rebates are offered to encourage customers to ...

Actuaries call for objectives across retirement system

DARREN SNYDER  |  FRIDAY, 8 APR 2016
... Institute has called for the Federal Government to go further than defining superannuation and complementary objectives for the Age Pension and the mandatory superannuation guarantee. Releasing its submission Treasury on super's objective, the institute ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 30 MAR 2016
... before. The survey - which started a few months after "the government announced changes to the current qualification age for the Age Pension" -- found 71% of respondents intending to retire at the age of 65 and over, a significant increase from 66% in ...