pension

Dear Paul, Years ago I had money I thought was invested by a financial adviser with a big-four bank in a portfolio that I had discussed with him at the time. He did not comply with what we both had discussed and instead put 40% in American shares. This ... More

The home is an untapped asset that can be used to fund retirement, urges the retirement income review. Australia's current retirement system consists of three pillars: the age pension, superannuation and savings, which includes the home. Typically ... More

The perfect income storm arrived for investors this year with the global spread of COVID-19. Fanning volatility on investment markets, the financial fallout from the virus has led to further interest rate cuts and some companies reducing or halting ... More

We have all heard the saying that if you fail to plan, you plan to fail but how many truly understand the meaning of this statement. Because in my opinion, the importance of planning is understanding the impact of what you are focusing your attention ... More

The federal government's second Economic Support Payment of $750 is due to hit bank accounts this week. The tax-free payment, which is estimated to pump an extra $4 billion into the economy, is part two of the stimulus measures announced in March. You're ... More

I am 59 years old and receive the disability support pension while working part time. My mother recently passed away and an expected inheritance of $210,000 is pending. I have about $20,000 in super (before the coronavirus) and no savings. My major ... More

If you are receiving a super income stream or annuity you may have noticed your pension has recently been reduced because of the change in minimum withdrawal amounts set by the federal government. As part of the government's COVID-19 stimulus measures ... More

The federal government is set to return more than 470,000 robodebts valued at $720 million, after admitting that its method for assessing the income of welfare recipients was flawed. But how do you know, and what should you do, if you're due for ... More

More than half a million age pensioners will receive an extra $324 a year and more older Australians will now qualify for the pension after the government cut deeming rates. The deeming rates used for age pension recipients, disability support, and ... More

Too often investment risk is evaluated with only the asset in mind rather than taking into account whether it's actually a good fit for you, the investor. Knowing your investment risk profile will go a long way to determining what, when, how and ... More