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Showing 81 - 90 of 203 results for "Comfortable retirement"

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... O'Halloran said the cost of being sold into a poor quality super fund can mean the difference between a comfortable retirement and struggling to pay the heating bill. "We're especially pleased that the new legislation makes it crystal clear that ...

Hostplus can't be killed: Sicilia

ELIZABETH MCARTHUR  |  FRIDAY, 18 SEP 2020
... Sicilia said Hostplus could not invest with 0% returns in cash and fulfil its purpose of giving members a comfortable retirement balance. He said it was "non-negotiable" that Hostplus would stay the course of its investment strategy. "The only benefit ...

ERS doesn't justify higher SG: Grattan

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
New modelling from Grattan Institute found most Australians will have a comfortable retirement even if they have taken advantage of the government's early release scheme. The government recently extended the ERS scheme, allowing individuals who have ...

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... on average each year. Further, ASFA anticipates that by 2050 half of all retirees will have achieved its Comfortable Retirement Standard, which is currently $44,200 per year for a single person or $62,400 for a couple. Still, women will continue to be ...

A man is not a plan: Rice Warner

ELIZA BAVIN  |  MONDAY, 9 MAR 2020
... women's lower super balances are highlighted on International Women's Day. The two key factors for a more comfortable retirement are marriage and home ownership, but with higher divorce rates and escalating property prices closing the gap in super balances ...

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... to super members would be more impactful than an uplift in the superannuation guarantee, and that ASFA's comfortable retirement standard was not suitable for most Australians. In its submission, the researcher said a reduction in average super fees - ...

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... of Superannuation Funds Australia (ASFA) are not reliable and overstates how much a person needs for a comfortable retirement. "The reliance on the ASFA standards has affected media and public perceptions of what constitutes an adequate retirement income," ...

Super chief opposes SG increase

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2020
... "realistic." "Although the current 9.5% compulsory rate is not enough to grow superannuation savings for a comfortable retirement, Australia is in a period of low wage growth therefore an increase in the contribution rate is not realistic at this point ...

AustralianSuper SG modelling paints dismal picture

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... The average female member of Australia's largest superannuation fund will not be able to achieve a comfortable retirement even with a 12% superannuation guarantee, according to the fund's internal modelling. AustralianSuper calculated expected ...

Industry fund members targeted

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
... decision. Having the right super fund is an important decision that can set you up for a long, happy and comfortable retirement," TWUSUPER told members. The issue of insurance, the fund pointed out, was something some members might overlook when under ...