Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 94 results for "Tom Garcia"

Adequacy benchmark to help define super

DARREN SNYDER  |  WEDNESDAY, 16 MAR 2016
Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia believes one of the keys in defining super's purpose will be including an adequacy benchmark. Garcia admits an adequacy benchmark will be "devilishly hard to define" but ...

Super not for plugging Budget holes: AIST

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
... said. Commenting on the Parliamentary debate about reducing the Capital Gains Tax exemption for super funds, AIST CEO Tom Garcia said such a move would hit the retirement savings of all fund members. "We urge the Government to re-focus super tax reform ...

Returns gap fuels 'dashboard' debate

ALEX BURKE  |  MONDAY, 22 FEB 2016
... the time for not-for-profit funds to shine. And as Australian Institute of Superannuation Trustees chief executive Tom Garcia noted to Financial Standard, part of this may in some cases come down to fees: "In times of low returns, fees make a difference ...

Productivity Commission should focus on Choice underperformance: AIST

ALEX BURKE  |  FRIDAY, 19 FEB 2016
Australian Institute of Superannuation Trustees chief executive Tom Garcia has said that the Productivity Commission Review of superannuation should focus on the underperformance of funds in the Choice sector. Specifically, Garcia recommended that the ...

Industry bodies attack SG freeze speculation

MARK SMITH  |  FRIDAY, 5 FEB 2016
... beneficial - if not essential - for women who currently retire with about half the super of men," AIST chief executive Tom Garcia said. "The timetable to 12% is gradual - we've known about it now for five years (it was formerly passed through parliament ...

Governance bill loses Senators' support

DARREN SNYDER  |  WEDNESDAY, 2 DEC 2015
... why they outperform, and what the foundation will be for their continued success for members." AIST chief executive Tom Garcia said the development of a best practice governance code of conduct for not-for-profit super funds will ensure members can continue ...

Super changes won't close gender retirement gap: AIST

DARREN SNYDER  |  FRIDAY, 20 NOV 2015
... The AIST is calling for all workforce, pay and super policies to be examined under a gender lens and chief executive Tom Garcia believes without fresh policies there will be no improvement to women's retirement savings. Garcia said many European countries ...

Digital evolution highlighted at AIST awards

DARREN SNYDER  |  FRIDAY, 13 NOV 2015
... social media campaigns to improve female member engagement at its annual Awards for Excellence. AIST chief executive Tom Garcia said this year's awards demonstrated that not-for-profit super funds are becoming much more sophisticated in their analysis ...

Senate hears too many holes for women in super

DARREN SNYDER  |  TUESDAY, 6 OCT 2015
... make the system more equitable," Wood said. Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia said the latest Australian Bureau of Statistics (ABS) data indicated the gender savings gap was a persistent flaw in Australia's ...

Turnbull expected to dust off shelved policies

LAURA MILLAN  |  TUESDAY, 15 SEP 2015
... tax and federation reform priorities." The Australian Institute of Superannuation Trustees (AIST) chief executive, Tom Garcia, asked the new PM to "put the focus back on super taxes as a key part of the current Tax Review. Super is too important to be ...