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Showing 111 - 120 of 424 results for "Superannuation Guarantee"

Higher super contributions make Aussies feel safer

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
New research suggests contributions above the current rate of superannuation guarantee lead to Australians feeling more secure about their retirement. While the superannuation sector awaits the final report of the retirement income review, new Investment ...

SG amnesty bill finally passes

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
The government's superannuation guarantee amnesty bill was waved through the Senate yesterday, almost two full years after it was first introduced to the parliament. The Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019 yesterday ...

SG increase will hurt women: NFAW

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... a strong element of the retirement income system. In its submission to the Treasury the NFAW said the superannuation guarantee system is "inherently flawed" as it is based on lifetime income. "This has always limited the superannuation accrued by casual ...

Labor stands by super

HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
... Albanese stepped up to bat for the super system, labelling those questioning the legislated rise in the superannuation guarantee an "unholy coalition". Albanese said Labor's retirement income track record "speaks for itself", but noted the system needed ...

Super chief opposes SG increase

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2020
... chief executive of a $5.5 billion industry superannuation fund has spoken out against increasing the superannuation guarantee to 12% in a submission to the Retirement Income Review. Prime Super chief executive Lachlan Baird said that while most super ...

AustralianSuper SG modelling paints dismal picture

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... Australia's largest superannuation fund will not be able to achieve a comfortable retirement even with a 12% superannuation guarantee, according to the fund's internal modelling. AustralianSuper calculated expected balances for four cameos (average ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
... submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal superannuation guarantee (SG) coverage for all Australian workers, including the self-employed and contractors. Superannuation legal advisory firm ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
... industry super funds is stepping up its campaign to convince the public of the benefits of increasing the superannuation guarantee, as the RBA weighs in to the debate. Industry Super Australia has kicked off a new advertising campaign designed to increase ...

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... earnings between men and women." The firm's submission makes six proposals, including removing the $450 superannuation guarantee threshold, requiring SG to be paid on Commonwealth Paid Parental Leave and workers compensation payments, and changing the ...

SG increase means lower wages: Grattan

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
... Institute has again weighed into the ongoing debate over the necessity of the legislated increase to the superannuation guarantee. In a new research paper, Grattan claims workers "overwhelmingly" pay for increases to the super guarantee through lower ...