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Search ResultsShowing 1 - 10 of 100+ results for "Age Pension"
Link Group announces new partnership
ELIZABETH MCARTHUR  |  WEDNESDAY, 7 APR 2021
... service is aimed at getting people ready for retirement by incorporating affordable financial advice on government Age Pension eligibility with assistance and lodgement of a super fund member's Age Pension application via Retirement Essentials service. ...
Retirement income framework on track: Frydenberg
KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... retirement. Furthermore, Kay said retirees need the support and tools to navigate the complex superannuation, aged care, Age Pension and taxation systems to have a comfortable retirement. Treasury veteran and economic consultant Mike Callaghan said improving ...
Limited advice overdue for disruption
KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... out of super and "wake up in a panic" one day realising they are running out of money and have not applied for the Age Pension. "[This] is an awful situation and should not be happening anywhere let alone a country like Australia," he said. The industry ...
Age pension spending to rise: ISA
ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
Industry Super Australia (ISA) said ditching the 12% superannuation guarantee could add over $33 billion to Age Pension spending. ISA said modelling from Rice Warner suggested the Age Pension would have to make up for the superannuation guarantee not ...
Family home dominates adviser conversations
KARREN VERGARA  |  MONDAY, 25 JAN 2021
... financial plan. Another area of interest for clients downsizing is the impact selling the family home will have on the Age Pension. This is particularly relevant among clients who sold their principal place of residence and want to use the proceeds to ...
Super leaves gig economy behind
ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... savings," the Actuaries Institute said. "These gig economy workers are more likely to be reliant on the government-funded Age Pension scheme to fund their retirement income." The Actuaries Institute called for more data to be collected to adequately ...
RIR reveals bleak financial upside for disabled people
ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
... Income Review has revealed disabled people are less likely to be in financial stress and poverty when retiring on the age pension alone than in their working lives - demonstrating the struggle a lot of disabled people have making ends meet throughout ...
QSuper bets on new retirement product
KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... executive Michael Pennisi told a recent member update that the product, while still in the works, complements the Age Pension and other superannuation earnings. The idea was conceived because he worries about the significant risks retirees face: running ...
Advice for all could add $630bn to economy
JAMIE WILLIAMSON  |  WEDNESDAY, 25 NOV 2020
... to receive financial advice and properly implement that advice, the economy would grow by $630 billion a year while Age Pension spending would go down by more than 20%, new research shows. Those are the key findings of a study conducted by CPA Australia ...
Confusion over retirement income objectives
KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... that should be. The Retirement Income Review report found the role of the pillars - superannuation , savings and the Age Pension - have to be determined in terms of how they can contribute towards achieving the system's objective. Many submissions the ...
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