Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 197 results for "Pensioner"

Retirees happier as they get older: Research

HARRISON WORLEY  |  THURSDAY, 29 NOV 2018
Latest research reveals retirees become much happier as they move through their post-paid work life. A State Super research survey titled Beyond Paid Work shows 82% of the fund's retirees have positive feelings about life in retirement, and highlights ...

Labor franking credit changes fair but not the best: Grattan

KANIKA SOOD  |  MONDAY, 26 NOV 2018
... superannuation industry. SuperConcepts general manager of technical and education services Peter Burgess said the proposed pensioner guarantee does little to protect SMSF members from the impact of removing refundable franking credits and, over time ...

When aged care advice takes an emotional toll

KARREN VERGARA  |  TUESDAY, 13 NOV 2018
... assets are excluded, he said, noting that advisers tend to miss this and assume clients are not eligible. For a single pensioner drawing down up to $40,000 per year from an income stream product for example, the assessable component works out to be 5% ...

Leave dividend imputation system as is: Plato

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
... would shield pensioners and allowance recipients from the abolition of the dividend franking credit rebate under its Pensioner Guarantee policy.

Advisers must tread carefully on PLS

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
Financial advisers are being warned to exercise caution and double check licensing requirements when advising on the Federal Government's Pension Loan Scheme as a retirement income supplement. As the Pension Loan Scheme is within credit licensing rules ...

Age Pension needs national objective: Actuary

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
Actuary Michael Rice believes there should be a national objective for the Age Pension and the Federal Government could consider setting a combined target for Age Pension and aged care costs as a percentage of GDP. These are two of several policy initiatives ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... superannuation system, additional funding to the nation's financial services regulators, personal tax cuts and additional pensioner benefits are the major talking points of Budget 2018. The 2018 Budget is arguably structured around the protection of ...

Personal tax cuts lead the Budget

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Personal tax cuts were on the top of Treasurer Scott Morrison's five-point list to "strengthen the economy" as he opened his Budget night speech. The Federal Government is proposing middle and lower income earners pay up to $530 less in tax, starting ...

Labor responds to 'unfair' Budget

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
The Labor Party said pensioners and working Australians will be most disadvantaged by this year's Budget proposals. Opposition Leader Bill Shorten said the Liberal Government's budget is "unfair" and favours big business. In a series of Tweets, Shorten ...

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Working baby boomers who also receive age pensions will now be able to earn up to $300 a fortnight before the Government starts to trim their pension payments. The 2018 Budget initiative formed part of Treasurer Scott Morrison's $258.6 million baby ...