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Age Pension

Super changes add flexibility

Super changes add flexibility

Just when you thought you had a grip on the superannuation rules, they change again. This time though, the changes are mostly positive, especially for older super members keen to top up their savings. From 1 July 2020, changes came into effect with the potential to help retirees as well […]

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9 retirement planning myths debunked

9 retirement planning myths debunked

We’ve all read internet fake news and passed down family stories about common retirement “rules of thumb”. Google the word “retirement” and you’ll get 748,000,000 results in 0.65 seconds. It’s no wonder there’s so much confusion. There’s rarely a one-size-fits-all solution to planning for retirement. So, don’t buy into the […]

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Economic Stimulus Package – Payments to love income households and pensioners

Economic Stimulus Package – Payments to love income households and pensioners

As part of the Government’s series of measures to support the economy and individuals through the Coronovirus crisis, Newstart recipients, age pensioners and veterans are being provided with a one-off payment of $750. These payments started flowing into the bank accounts of 6.5 million (mainly) lower-income Australians from March 31. […]

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Economic Stimulus Package – What it means for pensioners

Economic Stimulus Package – What it means for pensioners

Federal Government’s second support package announced March 22, flicked the switch to more income support for retirees. Retirees affected by falling superannuation balances and deeming rates out of line with historically low interest rates have been offered some reprieve. In addition to the cut in pension deeming rates announced in […]

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Coronavirus Safety Net Expanded: What does it mean for you?

Coronavirus Safety Net Expanded: What does it mean for you?

In a rapidly evolving response to the spread of COVID-19, the Federal Government’s second support package announced over the weekend has flicked the switch to more income support for retirees and workers. Between the first $17.6 billion package announced on March 12, and this latest $66.1 billion package, the emphasis […]

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The Australian retirement system – good, but room for improvement

The Australian retirement system – good, but room for improvement

You could be forgiven for thinking Australia’s superannuation system is a mess. Depending who you talk to, fees are too high, super funds lack transparency and Governments of all political persuasions should stop tinkering. Yet according to the latest global assessment, Australia’s overall retirement system is not just super, it’s […]

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