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Showing 1 - 10 of 17 results for "Age Pension for"

Cbus launches Age Pension campaign

ANGELIQUE MINAS | THURSDAY, 20 NOV 2025

... balances of below $150,000. Consequently, many Cbus members, and other Australians, will rely on both super and the Age Pension for their retirement income. Crediting this to members starting work before super was compulsory, facing lower super rates ...

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN | MONDAY, 10 FEB 2025

... retirees who rent are struggling to get by. The report said Commonwealth Rent Assistance, which supplements the Age Pension for poorer retirees who rent, is inadequate. After covering essential non-housing costs, a single age pensioner receiving the ...

Cost-of-living crisis will persist into future: Study

KARREN VERGARA | FRIDAY, 15 SEP 2023

... 62% of the 6000 participants surveyed forced themselves to cut back on spending, while 36% sought to access the Age Pension for additional financial help. About one-third of respondents had a net household income of $1500 or less per fortnight and of ...

Household capital remains key: RIR

ELIZA BAVIN | FRIDAY, 20 NOV 2020

... retirement incomes. Households with more financial assets at retirement are generally less likely to rely on the Age Pension for retirement income," the review said. "Less liquid wealth, such as housing, can also support people in retirement, providing ...

Challenger launches new lifetime annuity

KANIKA SOOD | MONDAY, 24 AUG 2020

... circumstances change within the withdrawal period. Challenger also said it will deliver an immediate increase in age pension for certain asset tested retirees. In its FY20 results reported on August 13, Challenger Life - which includes annuities as well ...

SG below 10% fails super objective

HARRISON WORLEY | FRIDAY, 7 JUN 2019

... role in protecting against longevity risks. "An SG below 10% would result in median income earners relying on the Age Pension for most of their retirement income," Rice Warner said. "While this would provide a comfortable living standard for middle-income ...

Labor proposal targets low income earners: Association

ELIZABETH MCARTHUR | WEDNESDAY, 15 MAY 2019

... franking credits should remain. Rice Warner executive director Michael Rice said: "The present value of the maximum Age Pension for a couple who retires at 65 today exceeds $800,000." He argues that, while most retirees will eventually become eligible ...

Pre-retirees fear longevity risk: AustralianSuper

JAMIE WILLIAMSON | THURSDAY, 12 JUL 2018

... pre-retirees believe they will have saved enough for retirement. Most expect to rely more on superannuation than on the Age Pension for income in later years. The survey of AustralianSuper and non-AustralianSuper members shows pre-retirees believe they ...

FSC, Deloitte name Future Leader Award winner

LAURA MILLAN | MONDAY, 2 NOV 2015

... which included a proposal backed by research. "Laura's recommendations included securing a 5% increase in the Age Pension for every year Australians continue to work and contribute to their superannuation beyond the pension age, without accessing the ...

Aged care concerns top Challenger advice list

DARREN SNYDER | FRIDAY, 30 OCT 2015

... all of this reform is a single comprehensive means test. She said it is something that has been argued for the Age Pension for a long time and there are a lot of incentives to gain in the Age Pension means test because the home is excluded among other ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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