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Search ResultsShowing 1 - 10 of 100+ results for "Age Pension"
Taper rates need revamp
KANIKA SOOD  |  THURSDAY, 4 JUN 2020
... taper rates may be encouraging middle-income earners to spend their retirement savings too quickly and live on the Age Pension alone. People with $300,000 to $800,000 in retirement savings could benefit from a more equitable taper rate, longevity protection ...
Challenger launches new retirement tool
HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... on the different sources of retirement income, and demonstrates how annuities can complement their super and the age pension. Murphy told Financial Standard Challenger hopes to work with advice practices to understand how they could work closer with ...
Grattan calls for lower super fees
HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... of retirement where the few are destined for a dignified retirement and the working classes are condemned to the Age Pension has no place in modern Australia," Fahy said. "Grattan want a welfare state where 70-80% of Australians will be relying on a ...
Retirement review goes off the rails
HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... had already stirred the pot. Murray's submission suggests the super system be scrapped in favour of a more robust age pension, while ANU riled the industry super lobby by labelling the case for increasing the superannuation guarantee as "tenuous". University ...
Super tax concessions out of hand
HARRISON WORLEY  |  MONDAY, 24 FEB 2020
... Latest analysis of Treasury data shows superannuation tax concessions are growing so large they will soon rival the Age Pension. New Australia Institute analysis shows tax concessions in superannuation are almost as large as the cost of the Age Pension ...
SG increase will hurt women: NFAW
ELIZA BAVIN  |  MONDAY, 24 FEB 2020
The National Foundation for Australian Women (NFAW) said increasing the super guarantee will hurt women and the age pension should remain a strong element of the retirement income system. In its submission to the Treasury the NFAW said the superannuation ...
Super chief opposes SG increase
ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2020
... people who will not save enough through this scheme to contribute in a meaningful way...This makes Government-funded age pension an important safety net." Baird said he does advocate for changes to be made to self-managed super funds, calling for additional ...
AustralianSuper SG modelling paints dismal picture
KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... low-income earners. "That is 6 million low income people that would be potentially totally reliant on the government age pension in retirement if not compelled to save in a mandatory system. A heavy burden on future taxpayers in an ageing population ...
Industry butt heads over super guarantee
ALLY SELBY  |  THURSDAY, 13 FEB 2020
... warned. "This means that taxpayers will need to support the lower paid or gig workers who will fall back onto the age pension system to a greater degree than otherwise." The Institute also believes many Australians are at risk of not having adequate ...
Retirement income review must focus on women: KPMG
HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... submission recommends making changes to the system across all three pillars, including reducing the impact on the age pension by incentivising an increase to contributions. "If we could draw up the retirement system with a blank sheet of paper, no doubt ...
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