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Showing 1 - 10 of 617 results for "Age Pension"

Australians satisfied with super performance: ASFA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... about 70% of respondents view their super as a nest egg to fund retirement or as a means of preventing reliance on the Age Pension. Just 4% said they'd rather have access to those savings now for personal use; they were typically located in regional ...

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... conference to call for the strategy that would acknowledge how the three pillars of retirement income - superannuation, the age pension, and private savings - interact to ensure all Australians have access to adequate, sustainable, and equitable retirement ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... dial for our members and do more for them, particularly around education and advice including on eligibility for the Age Pension, which will be critically important for most of our members with low retirement savings," she said at the time. "Inevitably ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
... superannuation system, where super was the preserve of men and older single women were expected to survive on the Age Pension alone." Kowalczyk added there was a concern the proposal could enable economic abuse of women by their former partners in the ...

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 ...
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