Until his recent bizarre comments about people using their pensions to pay for Lamborghinis, Steve Webb was rightly regarded as one of the finest pensions ministers Britain has ever had, and one of the…
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Articles on Pensions
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Joe Hockey says that this budget shares the pain. But what is the right share for whom? This budget is like all the others – it lacks a compass that tells us the overall effect of government spending and…
Since publication this infographic has been amended. The original version stated the NDIS was scaled back. There are no planned cuts to the funding of the NDIS.
The Commission of Audit has recommended including homes above a certain value in the means test that determines who gets the age pension and how much. Under the proposal, homes valued in excess of A$500,000…
After initially celebrating the new-found freedom to spend their pension savings how they want, people are now waking up to what scrapping the annuity really meant. One reason for forcing people to buy…
Australian Treasurer Joe Hockey has confirmed the pension age will rise to 70 by 2035, meaning all Australians currently aged under 50 will be affected. It follows a recommendation from the Commission…
The National Commission of Audit recommends a number of changes to the age pension that boil down to smaller increases over time, older eligibility and tighter means-testing. It’s all based on the claim…
Treasurer Joe Hockey last night stepped up his rhetoric on the the need for heavy government spending cuts, singling out the A$40 billion age pension cost as “much more than we spend on defence, or hospitals…
The recent budget announcement providing freedom for retirees to decide how to allocate their own pension pots was a bold and surprising move. However, a number of issues are clearly opened by this policy…
The Chancellor of the Exchequer, George Osborne, “pulled a rabbit out of the hat” for pensioners and savers with changes to UK pensions that have been hailed as the most significant overhaul to the system…
George Osborne has warned that a further £25bn of spending cuts will be needed after the next election – with about half of those cuts to be made from the social security budget, largely from cuts in benefits…
Firefighters have once again voted to go on strike in England and Wales, their fifth strike since September. This might seem like a high number of walkouts, but the Fire Brigades Union (FBU)‘s reputation…
“Our senior citizens and our disability pensioners are paid less than newly arrived asylum seekers.” - Clive Palmer, founder of the Palmer United Party, National Press Club, 26 August. Clive Palmer’s claim…
Trustees of self-managed superannuation funds (SMSF) may have caught their breath this week when they read that the Australian Taxation Office had its eye on capital gains that were going tax-free once…
Longer and healthier lives mean more married couples in their 60s are spying the possibility of second chances. Office for National Statistics figures released yesterday suggest the trend for “silver separators…
We really should have seen the crisis coming. It isn’t as if older people are a forgotten minority. Most of us, whether or not we are old, interact with people who are on a daily basis. And much of our…
A new analysis from ANU has reviewed data on employment rates of those over 55. It showed Australians are working later into…
Retirement can be detrimental to both mental and physical health, according to researchers at the Institute of Economic Affairs…
Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce. Today, Rafal Chomik, a Senior Research Fellow at UNSW’s ARC Centre of Excellence…
Top contributors
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Senior Lecturer in Economics and Personal Finance, The Open University
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Senior Research Fellow, ARC Centre of Excellence in Population Ageing Research (CEPAR), UNSW Sydney
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Peter Whiteford is a Friend of The Conversation.
Professor, Crawford School of Public Policy, Australian National University
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Professor of Finance, University of Bath
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Professorial Fellow, University of Canberra
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Principal Lecturer in Finance, Cardiff Metropolitan University
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Associate Professor in International Macroeconomics, Cambridge Judge Business School
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Professor of Accounting and Financial Management, University of Sheffield
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Chief executive officer, Grattan Institute
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Senior Lecturer in Economics, The Open University
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Associate Professor in Economic Policy, UCL
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Associate professor of work and employment, University of Southampton
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Associate Professor of Employment Relations, Grenoble École de Management (GEM)
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Professor of Social Policy, University of Birmingham
