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Showing 61 - 70 of 673 results for "Age pension"

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... spending. Instead, homeownership was also considered when determining which asset limit to apply when calculating the Age Pension. "The treatment of mortgages in the calculators was also disappointing," the research said. In 2021, 22.8% of people aged ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
... Seniors Australia chief executive Chris Grice said. The research also found that most Australians over 50 believe the Age Pension will not be enough to fund retirement, even for homeowners. Of the 4700 Australians surveyed, nine in 10 said the Age Pension ...

Pre-retirees expect less reliance on Age Pension: Investment Trends

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
Most Australians anticipate they will fund only 12% of their retirement income with the Age Pension, but the reality is retirees currently need nearly double that amount, a new study from Investment Trends finds. A survey of more than 5600 participants ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
Many recipients of the Age Pension will pay more for aged care under proposed reforms to how the sector is funded, with wealthier Australians to cover more of the costs they incur from July 2025. With the nation's annual aged care expenses predicted ...

Australians rank seventh globally for retirement confidence

MATTHEW WAI  |  WEDNESDAY, 11 SEP 2024
... enjoy retirement. About 50% avoid thinking about it altogether. The nation is currently showing low confidence in Age Pension, where up to 38% of participants in another survey plan to " explore part-time work or other employment opportunities post-retirement." ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... sustainable way and recognise the interaction of superannuation with forms of government support, particularly the Age Pension." The bill wouldn't alter current superannuation laws but will require policymakers to demonstrate to Parliament and the public ...

More to do in the fight against inflation: Chalmers

ELIZA BAVIN  |  TUESDAY, 3 SEP 2024
... medicines being made available, bringing the total to almost 300. "We're indexing payments for people on Jobseeker, the age pension, disability support pension, carer payment and parenting payment, as well as Commonwealth Rent Assistance," Chalmers said. ...

Too much being asked of super trustees: Levy

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... actual return to members?" Levy said. "We need the super system to be effective so that we're not all reliant on the Age Pension."

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... are also more likely to carry that concern over men (57%). The findings come as Australians' confidence in the Age Pension plummets, as more retirees plan to explore employment opportunities to support their retirement.

Retirees not confident in Age Pension: Allianz Retire+

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
Some 82% of retirees and pre-retirees believe the Age Pension is insufficient, new study shows. A new survey from Allianz Retire+, How do we make retirements more epic?, found that 82% of retirees and pre-retirees believe the Age Pension is insufficient ...