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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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Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test.
Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest.
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19.
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