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Search ResultsShowing 1 - 10 of 100+ results for "Age Pension"
Super advice firm buys robo-adviser
ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... intra-fund advice for superannuation members and Retirement Essentials which assists Australians applying for the age pension. The acquisition will broaden its offering as Clover allows low-cost entry for the many Australians with insufficient wealth ...
Super needs improvement: Report card
KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... pension age and requiring members to take benefits as an income stream. Moderating the assets test on the means-tested Age Pension to increase the net replacement rate for average income earners, and raising the household saving and reducing the level ...
Stapling equals accountability: Hume
KARREN VERGARA  |  THURSDAY, 15 OCT 2020
... Treasurer's desk." She did however say that the 650-page report, which is a deep dive into the three pillars of the Age Pension, superannuation and voluntary savings, and does not propose recommendations similar to what the Productivity Commission ...
Effects of ERS not so bad: Grattan
ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... said in line with Grattan's previous retirement modelling, many Australians will supplement their super with the age pension, so the impact for those who accessed ERS is not as bad as it may appear. "ERS played an important role. Obviously the risk ...
Super fund gets ahead of CIPR obscurity
KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... superannuation. In another scenario, increasing the SG by 0.5% next year will improve the budget bottom line via lower Age Pension payments in the future and increased revenues on extra assets accrued through compound returns, the report reads. For this ...
Super remains grossly inequitable: Per Capita
ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... load of domestic labour and care carried by women." According to the findings, 24.2% more women than men receive the Age Pension, with 31.5% more women than men on the full rate and 13% more on a part pension. More than a half a million single women ...
ERS to lead to rising pension costs, higher taxes
ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... slammed the government's early release of superannuation scheme, arguing it will significantly increase the long-term Age Pension costs borne by taxpayers. Total retirement incomes will be substantially lower, it said, while a spike in Age Pension expenditure ...
Pandemic heightened need for SG increase: ASFA
ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... system. "ASFA considers that given substantial changes to the taxation of superannuation and the provision of the Age Pension in recent years there should now be a period of consolidation to allow the various changes to be bedded down," it said. "Stability ...
Challenger launches new lifetime annuity
KANIKA SOOD  |  MONDAY, 24 AUG 2020
... option maintains substantial estate and withdrawal benefits, and for asset test affected clients it could improve Age Pension eligibility and outcomes. "This is a smart new defensive solution for providing income certainty, particularly given current ...
ISA, Grattan find common ground
ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... ISA said. "The bottom 20% of wage earners will lose $3000 a year in retirement and have little or no change in their age pension entitlement because they are already on the full rate." ISA went on to say the outcome will remain bleak despite Grattan's ...
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