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Showing 1 - 10 of 16 results for "Social Security payments"

Poor financial literacy worsens underinsurance problem

KARREN VERGARA | TUESDAY, 28 FEB 2023

... its report Underinsurance in Australia 2020, Rice Warner estimated the total cost to the government in social security payments for death and TPD underinsurance to be $600 million per year. MetLife Australia chief of staff, strategy and external affairs ...

Childcare key to super gap

ELIZABETH MCARTHUR | WEDNESDAY, 23 MAR 2022

... suggested that over the long 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 ...

Productivity Commission counters group insurance research

KARREN VERGARA | MONDAY, 29 OCT 2018

... insurance inside superannuation and cast doubt into the sector's ability to help the Government alleviate social security payments. Releasing a supplementary paper to its May draft report, the Commission said it undertook its own modelling into the ...

IOOF partners with GROW Super

KARREN VERGARA | TUESDAY, 13 FEB 2018

... hardship provisions to help victims of violent crime which is not reliant on having received previous social security payments should be considered."

The risk of under-insurance is real: ASFA

EMMA RAPAPORT | FRIDAY, 15 SEP 2017

... to death, TPD and income protection costs the government more than $1 billion annually in additional social security payments." ASFA analysis found that in the 2015-16 financial year, about 16,900 TPD benefit payments worth more than $1.7 billion were ...

New ASFA course focuses on post-retirement

STAFF WRITER | MONDAY, 16 MAR 2015

... risks in retirement, as well as the development and delivery of income streams, retirement planning, social security payments, aged care and estate planning. It is aimed at administrators and contact centre staff working for the funds and service providers ...

Challenger Care Annuity sales suspended

JAMES FERNYHOUGH | FRIDAY, 28 NOV 2014

... people in need of full-time aged care, had "been incorrectly assessed in the past resulting in incorrect social security payments". In an announcement to the ASX, Challenger said it expects the DSS's decision will reduce the age pension paid to most ...

Unthinkable

BENJAMIN ONG | TUESDAY, 15 OCT 2013

... of: 1. Depression and unemployment 2. Dollar down, prices and rates up 3. Down go your investments 4. Social Security payments halt 5. Banking operations freeze up 6. Money market funds break 7. Global markets walloped Then again, you, I and Irene know ...

US ceiling raised but underlying reasons remain

ELISE BURGESS | FRIDAY, 5 AUG 2011

... ageing population is placing a massive strain on the welfare system, which last year paid $2 trillion on social security payments. "The US, like most developed countries, is at the start of the retirement stage of the Baby Boomers who were born from ...

Net-net, it's still good

BENJAMIN ONG | MONDAY, 25 JUL 2011

... bills. You worry about consumer spending? That will drop when government workers are laid off and/or social security payments don't get paid. Having rid of the fog, Wall Street's left with some clarity. And it's clear that earnings are ramping up. Latest ...

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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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