The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 1 - 10 of 46 results for "Retirement Standard"|
|... each year. Further, ASFA anticipates that by 2050 half of all retirees will have achieved its Comfortable Retirement Standard, which is currently $44,200 per year for a single person or $62,400 for a couple. Still, women will continue to be disadvantaged. ...|
|... members would be more impactful than an uplift in the superannuation guarantee, and that ASFA's comfortable retirement standard was not suitable for most Australians. In its submission, the researcher said a reduction in average super fees - and therefore ...|
|... member) at the current 9.5% SG and if it rises to the planned 12%. The comparison benchmark was the ASFA Retirement Standard, which set $545,000 as the lump sum required for a comfortable retirement. Of the four cameos, none would hit $545,000 if SG ...|
|... comfortable level to couples needing to spend $1292 more a year, and for singles the amount is $829." In its Retirement Standard December quarter 2019 figures, ASFA found that couples (aged 65) need to spend $62,269 per year to live comfortably, while ...|
|... "Strengthening the superannuation system is of critical importance for public confidence and ultimately for the retirement standard of living that all Australians enjoy," Silk said. "Persistently underperforming funds must be removed from the industry ...|
|... equations and scenarios, and worked out what is a simple guideline that works." ASFA's September update to its retirement standard shows costs have risen by about 1.5% over the year to the September quarter for couples in the modest and comfortable ranges ...|
|Latest research shows a significant proportion of Australians with self-managed super funds are set to retire with enough savings to fund lavish retirement lifestyles. SMSF actuarial certificate supplier Accurium claims many retirees with self-managed ...|
|... cost of basic items, according to the Association of Superannuation Funds of Australia. In ASFA's latest Retirement Standard, it found over the year to June quarter 2019 costs rose by 1.5% for retiree couples at both the 'comfortable' and 'modest' levels ...|
|... and 64 are retiring with a median balance of $154,453 - although this is well below ASFA's comfortable retirement standard of $545,000. Women tend to retire with $122,848 compared to males who end up with a median balance of $154,453. The good news ...|
|... contribution limits and imposing a uniform tax rate in retirement of 15%. Daley was critical of the ASFA retirement standard, which according to the Grattan modelling, is too generous. He sees superannuation's purpose as allowing people to maintain ...|
Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic.
Funds from IOOF, Vanguard and Fiducian figure among the top-five performers among wholesale funds, in the latest Rainmaker Information tables to May end.
Pengana Capital's national sales manager for private banking and wealth has left the firm after more than five years, setting his eyes on a new life in sunny Queensland.
In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice.
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