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Showing 11 - 20 of 22 results for "pension assets test"

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 ...

Rising age pension costs unfair on young people: CIS

ALEX DUNNIN | WEDNESDAY, 2 MAR 2016

... chief executive, Michael O'Neill, rejected the CIS recommendation that the family home be included in the pension assets test. "The family home defines who we are and what we aspire to as a nation," he said.

Seniors react to Commission's retirement housing idea

DARREN SNYDER | WEDNESDAY, 2 DEC 2015

... O'Neill said the group does believe the current government or opposition would include the family home in the pension assets test. "The family home is sacrosanct. It very much defines who we are and what we aspire to as a nation. It is a sense of place ...

Retirees should draw on home equity: Productivity Commission

DARREN SNYDER | TUESDAY, 1 DEC 2015

... superannuation funds to purchase owner-occupied housing perhaps in return for the family home being counted in the pension assets test.

Give first home buyers access to super: CEDA

LAURA MILLAN | TUESDAY, 1 SEP 2015

... superannuation funds to purchase owner-occupied housing perhaps in return for the familiy home being counted in the pension assets test, the Committee for Economic Development of Australia (CEDA) has said. CEDA chief executive Professor Stephen Martin ...

Super reforms to hurt retirees

ALEX BURKE | TUESDAY, 2 JUN 2015

... According to a 1,500-member AustralianSuper poll, 78% of workers and 88% of retirees support the Budget's stricter pension assets test, which will reduce the part pension threshold from $1.15 million in non-home assets to $823,000. This will reduce pension ...

Age pension kept at highest indexation rate

DARREN SNYDER | TUESDAY, 12 MAY 2015

... retirement, the retirement standard sets a benchmark for the minimum amount required." Under the current Age Pension assets test framework, ASFA estimates a couple would need a joint superannuation balance of around $510,000 to achieve a comfortable ...

Age Pension under the spotlight in tonight's budget

LAURA MILLAN | TUESDAY, 12 MAY 2015

... superannuation-based saving because of frequent changes to the rules." Michayluk said that the changes to the Age Pension assets test "may incentivise people to have a larger primary residence, since it is not considered in the calculation." At the same ...

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HESTA returns 9.1% to members

ANDREW MCKEAN

HESTA's default MySuper balanced growth option has returned 9.1% over the last financial year.

Advent International lands in Australia, names MD

KARREN VERGARA

Global private equity firm Advent International has set up shop in Australia, tapping the managing partner of Anchorage Capital to spearhead its growth ambitions.

Channel Capital, Arnott Capital set up strategic partnership

ANDREW MCKEAN

Channel Capital and Arnott Capital have formed a strategic partnership to support business growth and optimise operational efficiencies.

RBA minutes confirm potential August rate hike

ELIZA BAVIN

The RBA board discussed the case to hike and hold the cash rate in June.

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