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Showing 1 - 10 of 13 results for "Age Pension assets test"

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... capital over a long period, based on life expectancy. Only 60% of the amount invested counts towards the Age Pension assets test until age 84, or for a minimum of five years, at which time it changes to 30%. "We know that many retirees are living more ...

AMP debuts hybrid retirement solution

ANDREW MCKEAN  |  TUESDAY, 18 OCT 2022
... the Age Pension rules meaning an investment in this solution qualifies for a 40% upfront discount on the Age Pension assets test. The other available options, the MyNorth Lifetime Super account and Deferred Lifetime Income account can be opened before ...

Homeowners given preferential treatment: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
The Retirement Income Review found the treatment of housing in the Age Pension assets test provides more support to homeowners compared to non-home owners. The review found the preferential treatment given to home ownership leads to inequities in the ...

Super delivers for the masses: Challenger

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... achievable," Challenger wrote in its Retirement Income Research paper. How super balances interact with the Age Pension assets test is important for retirees as the average, large APRA fund member in retirement phase is not eligible for the full Age ...

Grattan says Aussies retiring comfortably, ISA responds

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
... Commonwealth Rent Assistance - worth more than $1,400 a year for a single retiree. It also wants to loosen the Age Pension assets test, saying it could boost retirement incomes for around 20% of retirees today, rising to more than 70% of retirees in ...

Pension changes will impact retirement adequacy

KERRIE SYDEE  |  FRIDAY, 12 AUG 2016
Impending changes to the aged pension asset test thresholds will have a significant impact on the number of couples able to achieve a comfortable retirement, according to new research from Willis Towers Watson (WTW). The joint research from WTW and ...

Boomers surprisingly open to fair super tax changes

MARK SMITH  |  THURSDAY, 28 APR 2016
... that properties valued at $2.5 million or higher should have at least part of their value included in the Age Pension assets test. More than half (55%) disagreed that the current retirement income system allows or has allowed them to achieve a reasonable ...

Labor will announce retirement income priorities

DARREN SNYDER  |  MONDAY, 21 MAR 2016
... mainly because there is a "much better chance of getting the policies for super right." On changes to the Age Pension assets test that will see the current $1.50 test tape rate increase to $3, Chalmers said it was a move by the government that is counterproductive. ...

Not enough super users: Mercer

DARREN SNYDER  |  FRIDAY, 18 MAR 2016
... think we can do better." The tracker allows for changing economic conditions and has factored in the new Age Pension assets test that comes in January next year. According to the tracker, the average income earner will earn less government support than ...

Advisers have assets test top of mind

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
Changes to the Age Pension assets test are top of mind for retirement-focused financial advisers according to the latest data from Challenger. Although test changes affecting Age Pension eligibility will come in to effect from 1 January 2017, Challenger's ...
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