Industry responds to Grattan reportBY ALEX BURKE | WEDNESDAY, 22 APR 2015 12:50PMIndustry Super Australia and the Association of Superannuation Funds of Australia have responded to the latest Grattan report on superannuation fees. Related News |
Editor's Choice
Value versus growth: Market expectations in 2024
In 2022, concerns about rising interest rates and the Russia-Ukraine war brought fundamentals back into focus, creating numerous opportunities for value investing to generate alpha. Then transitioning to the first half of 2023, that period saw significant performance for growth stocks. What's next?
Aware Super appoints general manager, strategy and transformation
The $175 billion superannuation fund has recruited from Deloitte for the newly created role.
Jinding funds management division spun off
The funds management division of Australian property group Jinding has launched as its own entity.
CFA Society Australia launches
CFA Society Australia has been launched following the amalgamation of three local CFA Societies.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
The Australian superannuation system is only set up for the benefit of the superannuation industry itself and the 20% of the wealthiest individuals, yet all the Australian citizens have the safety net of the age pension. So why is the government providing the rich with such huge tax concessions?
If the government scraps all the tax concessions for super, and scraps the means test of the age pension, the government could quickly wipe out the deficit because the tax concessions for super contributed largely for the deficit.