News : Retirement

Retirement, Superannuation

Retirement costs climb as inflation soars

Retirement costs

Retirees are facing budgetary challenges due to high inflation, especially in essential services, according to ASFA, which has announced the departure of its chief executive.

read more
Retirement, Superannuation, Tax

CGT concessions a super bonus

small business CGT concessions

The small business CGT concessions can be of great benefit for individuals who have not accumulated much super while running their own enterprises.

read more
Pensions, Regulation, Retirement, Superannuation

Age issue curbs bring-forward rule

NCC bring-forward rules

The non-concessional contribution bring-forward rules can only be used if a person is under 75 during the relevant financial year.

read more
Retirement, Superannuation

Indexation most pertinent for initial pension

indexation TBC

The timing of pension commencement in the context of TBC indexation will be most relevant for members establishing their initial income stream.

read more
financial advice, Retirement

Retirement confidence based on advice action

Retirement confidence advice

People confident about retirement have typically taken some form of action to plan for it, such as seeking professional financial advice, a new study has found.

read more
Property, Retirement

Equity release used to manage inflation

Home equity release

Older Australians are increasingly using home equity release schemes to refinance their mortgages and pay off debts due to rising living costs and interest rate increases.

read more
Retirement

Inflation a big concern for retirees

Inflation

For the first time in a decade, seniors across the country are as concerned about inflation as they are about fundamental issues such as health costs.

read more
Retirement, Superannuation

New super drawdown approach suggested

Retirement income

A new study has shown Australians could improve their retirement income by 10 per cent through a new approach to the drawdown phase of superannuation.

read more
Retirement

Cost of living continues to rise for retirees

cost of living

The cost of living for retirees increased by 7.5 per cent over the year, raising the level of super needed to fund a comfortable retirement.

read more
financial advice, Retirement

Categorising clients can cut sequencing risk

Sequencing risk

Knowing how to categorise retiree clients can significantly assist advisers in implementing strategies for them to diminish sequencing risk.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.