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|Showing 1 - 10 of 100+ results for "Age Pension"|
|... years old received advice on their private savings. For those over 65, just 18% received advice on Centrelink's Age Pension. Fourth Line chief executive David Travers suggests that the lack of advice on home equity drawdown strategies might not be ...|
|By 2040, the government will be spending more on superannuation tax concessions than on the Age Pension, according to the fifth Intergenerational Report released today. The government currently spends about 2% of the GDP on superannuation tax concessions. ...|
|... It's a significant shift which will underpin Australia's fiscal sustainability by diminishing the reliance on the age pension," McCrea said. Last week, ASFA analysis showed businesses can afford to pay the increase of the Superannuation Guarantee ...|
|... 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. 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 ...|
|... 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 ...|
|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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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