Salary sacrifice loophole bill insufficient: ISABY KRISTI CHENG | MONDAY, 19 AUG 2019 12:18PM
While closing the salary sacrifice loophole is important, the bigger issue that needs to be addressed is that of unpaid super, according to Industry Super Australia.
Read more: ATO, ISA, Industry Super Australia, SG Scheme, Australian National Audit Office, Fair Entitlements Guarantee, Senate Economics References Committee, Treasury Laws Amendment Bill
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The managing director of an AMP-aligned dealer group is exiting the business to take on a new role.
BT Financial Group has shut down a $670 million global property fund and a $293 million Asian shares fund, as it sees them unsuitable for retail investors.
Perpetual has confirmed the appointment of a head of risk, promoting from within to fill the newly created role.
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise.
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