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Showing 1 - 10 of 100+ results for "Age Pension"

You can't have it all: Retirement income strategies

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
... household, so if you're only looking at the superannuation interest of a single member in one fund then, excluding Age Pension, you're not really looking at the entire picture," he said. "From an advice point of view, we need to be able to take that ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... CPI of 2.1%and 5.1%compared to a year earlier. The impact of some increases was softened by the 3.7% increase to the Age Pension in the year to March, as well as the $250 one-off payment in April. Reduced minimum drawdowns on account-based pensions were ...

Stephen Jones confirmed as financial services minister

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... compulsion are the key building blocks to supercharge savings, underpin domestic investment and alleviate pressure on the age pension." The release further noted the government's commitment to enshrine the objective of super in legislation will protect ...

Retired Aussies deserve more: Household Capital

CHLOE WALKER  |  TUESDAY, 26 APR 2022
... that's important to know, she added. "That's also a dynamic period of time; at retirement 45% of people are on the Age Pension, but by the age of 80, around 80% of people are reliant on the pension because superannuation balances are not significant ...

Childcare key to super gap

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
... term, affordable childcare could also improve the Budget bottom line by reducing social security payments and the age pension, adding extra income and super tax earnings while cutting the gender super gap. "The gender super gap widens dramatically during ...

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... get less super - it perpetuates. Anything that helps address this inequality, I think that is great. It could reduce age pension costs in the future if people have more super." ASFA senior policy adviser Helena Gibson points out that there is support ...

HESTA endorses super splitting initiative

CHLOE WALKER  |  WEDNESDAY, 23 FEB 2022
... relationship for low-income families, it means many women are potentially losing their only income in retirement beyond the Age Pension." Commenting on the initiative, AIST chief executive Eva Scheerlinck said: "Simplifying the process of splitting superannuation ...

Pensioners could solve skills shortage

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
Increasing the number of work hours without affecting Australians' Age Pension could be the solution to the current skills shortage crisis. This is according to the Australian Chamber of Commerce and Industry, which is calling on the federal government ...

Australia improves super system quality

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... continues to build member confidence and engagement, which will lead to further improvement. In Australia, where the Age Pension is a safety net, older women are at greater risk of homelessness and poverty, she said, adding that specific measures to ...

Challenger adds market-linked annuity

ANNABELLE DICKSON  |  TUESDAY, 5 OCT 2021
... are generally tax free if super money was used to invest. A lifetime annuity has the potential to boost a retiree's Age Pension entitlements under the asset test rules as 60% of an investment amount in a Challenger annuity is included as an asset to ...
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