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Pensions

I won £32k on the lottery but was left WORSE OFF than before because of little known rule…be careful what you wish for

by Ron Morgan
I won £32k on the lottery but was left WORSE OFF than before because of little known rule…be careful what you wish for

AN AUSSIE widower was dealt an unexpected blow after winning £32,000 on the lottery and has warned other punters to be careful what they wish for. Frank Kemmler, 70, from …

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China ‘more investible than ever’ for Middle East and Latin America, but Western capital remains wary

by Walter Watson
China ‘more investible than ever’ for Middle East and Latin America, but Western capital remains wary

China is more investible than ever for businesses from the Middle East and Latin America, but it would not regain its appeal for Western investors any time soon amid its …

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China plans to diversify US$406 billion social security fund with ETFs, index products and more to improve returns

by Anas Siddiqui
China plans to diversify US6 billion social security fund with ETFs, index products and more to improve returns

China has proposed broadening the investment scope of the nation’s 2.88 trillion yuan (US$406 billion) social security fund to include exchange-traded funds (ETFs), index funds and other financial products, in …

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NDP promises to axe proposed plan to quit CPP if it wins 2027 Alberta election

by Vera Ward
NDP promises to axe proposed plan to quit CPP if it wins 2027 Alberta election

Alberta’s long road to quitting the Canada Pension Plan would run smack into the scheduled 2027 provincial election, with Opposition New Democrats promising to kill the idea if they win. …

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Nick Bruining: A shift from automatic to manual Centrelink updates on ABPs could top up your part-pension

by Anas Siddiqui
Nick Bruining: A shift from automatic to manual Centrelink updates on ABPs could top up your part-pension

Account-based pension investors receiving a part-pension from Centrelink can expect to receive a letter in the next few weeks advising them of changed pension payments. Depending on your circumstances, your …

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Nick Bruining: Myth busted! Why Australia’s age pension system will outlive even you

by Anas Siddiqui
Nick Bruining: Myth busted! Why Australia’s age pension system will outlive even you

Last week’s Intergenerational Report confirms the myth perpetuated by many involved in the sales of retirement investment solutions as being just that — a myth. “You better take action now …

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Jim Chalmers to release intergenerational report as government spending on age pension expected to fall

by Anas Siddiqui
Jim Chalmers to release intergenerational report as government spending on age pension expected to fall

Australia’s population might be getting older but government spending on the age pension will fall over the next 40 years as more people retire with a lifetime of superannuation. Treasurer …

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Nick Bruining: How pensioners can use the Centrelink testing system to effectively pay for their own funeral

by Anas Siddiqui
Nick Bruining: How pensioners can use the Centrelink testing system to effectively pay for their own funeral

Incredible as it may seem, for some seniors there is a way to get Centrelink to pay for your ultimate, final expense — your funeral. And while stories of eye-watering …

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