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Optional pay rise with 'flexible' super


Optional pay rise with ‘flexible’ super
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The Morrison government is considering allowing workers to dip into superannuation for expenses such as housing, or to choose a pay rise over extra super contributions above 9.5 per cent, as part of a “more flexible” retirement savings system.
The potential changes could be used as a trade-off to proceed with the legislated rise in the superannuation guarantee to 12 per cent between July 2021 and 2025.
Treasurer Josh Frydenberg says the current superannuation system is “very limited” for people who want to save less to maintain their quality of life today. 
Alex Ellinghausen
Ministers also indicated employees such as public servants and university workers who already received more than the minimum super guarantee rate may be able to opt to take the extra amount as take-home pay. ....

Paul Keating , Stephen Jones , Brendan Coates , Deborah Ralston , Jane Hume , Grattan Institute , Superannuation Minister Jane Hume , Senator Hume , Mike Callaghan , பால் கீடிஂக் , ஸ்டீபன் ஜோன்ஸ் , பிரெண்டன் பூச்சுகள் , டெபோரா ரால்ஸ்டன் , ஜேன் ஹியூம் , க்ர்யாடெந் நிறுவனம் , சுப்பெறன்ணுஅதிோன் அமைச்சர் ஜேன் ஹியூம் , செனட்டர் ஹியூம் , மைக் காலகன் ,

Retirement Income Review Under Spotlight


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Retirement Income Review Under Spotlight
The future of retirement income policy – including pensions, superannuation and thee role of housing – will come under the spotlight as the nation’s decision-makers and policy experts canvass the implications of the Retirement Income Review at the Council on the Ageing’s National Policy Forum on 26 February.
The full day conference to be held at the National Press Club in Canberra, and streamed virtually, will include:
A keynote address by Treasurer John Frydenberg
A lunchtime debate between Minister for Superannuation Jane Hume and Shadow Minister Stephen Jones
Be the first appearance of the entire Retirement Income Review panel since its findings were released, with Chair Mike Callaghan AM and members Carolyn Kay and Dr Deborah Ralston ....

Australian Capital Territory , Jeremy Cooper , Stephen Jones , Hazel Bateman , David Knox , Jane Hume , Carolyn Kay , Ian Yates , John Frydenberg , Deborah Ralston , National Policy Forum , Centre Of Excellence , Population Ageing Research , National Press Club , Retirement Income Review , Treasurer John , Superannuation Jane Hume , Shadow Minister Stephen , Chair Mike Callaghan , Professor John Piggott , Professor Hazel Bateman , Mercer Retirement Index , Superannuation Review , Executive Ian Yates , Policy Forum , Federal Budget ,

Aged care to form part of retirement investing


Aged care to form part of retirement investing
Aged care to form part of retirement investing
With longer life expectancy presenting a significant challenge to clients’ financial confidence in retirement, creating a specific investment strategy for aged care could be one way to put clients at ease, a retirement expert has said.
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In a recent Allianz Retire+ webinar, Sally Evans, a board member of a number of prominent retirement and healthcare groups including Healius, Oceania Healthcare and REST, said improving strategies to fund aged care would boost retirees’ confidence in their investments and reduce their reluctance to draw down on their super. ....

Sally Evans , Deborah Ralston , Centre Of Excellence , Population Ageing Research , Oceania Healthcare , சாலி எவன்ஸ் , டெபோரா ரால்ஸ்டன் , மையம் ஆஃப் சிறப்பானது , பாப்யுலேஶந் முதுமைப்படுதல் ஆராய்ச்சி , ஓசியானியா சுகாதாரம் ,