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Showing 81 - 90 of 197 results for "Older Australians"

ATO announces SMSF age limit changes

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... contributions for SMSFs. The ATO the changes have been made as part of its Superannuation - improving flexibility for older Australians measure. Changes, which were effective 1 July 2020, include making voluntary concessional and non-concessional super ...

ATO can make cost of advice cheaper: Asher

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... offer such cover, while help from the ATO could reduce the cost of advice in improving living standards for older Australians. "It seems clear that more direct government intervention may be required - just like the introduction of the Superannuation ...

FSC calls for SMSF access to infrastructure

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... contributes, up to a maximum $10,000 in member contributions," the FSC said. Other suggestions included offering older Australians a once-off higher superannuation cap of $50,000, to be 'carried forward' if unused, accelerating the Significant Investor ...

Challenger launches new retirement tool

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... guaranteed source of income may now be facing increasing uncertainty in an unchartered landscape," Murphy said. "Many older Australians might be questioning the confidence they previously had about their financial situation, and reviewing their retirement ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... deposit rate by 60bps to 1.70% p.a. This will be available to all personal customers, but will especially benefit older Australians relying on their savings," Comyn said. "It will ensure all Australians are now able to earn a return on their savings ...

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 ...