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| | | ... around thoe who are not making active choices," she said. Reynolds said the award system was important as it was where employers, workers and unions got together to decide what the fund would be in the event that people don't make choices. "They don't ... |
| | | | ... told the conference. "We have slightly better investment performance, more capable relationship managers to work with employers... and have delivered improved benefits to members." Cuesuper, the junior partner of the merger, had itself picked up six ... |
| | | | ... a lot of historical limitations for these products and that market has moved on from that." Fusca said advisers and employers would benefit from the new features with pre-approvals no longer necessary and automatic coverage in place for employees. "We ... |
| | | | ... of the Stronger Super Peak Consultative Group has rejected the Superannuation Clearing House model and has called for employers to be taken out of the superannuation payment process altogether. Superannuation payments should be deducted by the tax office ... |
| | | | Employers will no longer be able to pay their superannuation obligations by cheque after 2014 when mandatory data standards come in, if SuperStream recommendations come to fruition, a superannuation expert has said. At present the move is still at the ... |
| | | | ... leveling the playing field that meant they wanted to increase their market share. "According to APRA in the March quarter employers contributed $5.6 billion to industry funds, and $4.1 billion to retail funds," he said. "Industry funds are getting more ... |
| | | | ... - the ADP private employment report - the jobs picture really do look brighter. ADP reported last night that private employers added 157,000 workers to their headcount in June - more than double expectations for a 68,000 addition - following a disappointing ... |
| | | | ... their employer's default fund making it the primary choice when it comes to super. Current regulations only require that employers have a default fund, with no additional requirements about performance standards. As such, poor performing funds assigned ... |
| | | | ... period. FSS is bringing some $19 billion in funds under management and around 533,000 members and 38,000 participating employers to the merger, with FSS chief executive, Michael Dwyer, to assume the top job of the new fund. Chris Clausen, chief executive ... |
| | | | ... Government's Medicare superannuation clearing house as a $16 million white elephant that is used by only one per cent of employers. But the Government immediately countered that the Coalition's plan to have the ATO itself process the payments would cost ... |
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