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Showing 91 - 99 of 99 results for "SMC"

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... mandated use of annuities by trustees. In formulating its submission on Superannuation in retirement, the Super Members Council (SMC) - which comprises AustralianSuper, Cbus, HESTA, Hostplus, Aware Super, Australian Retirement Trust, UniSuper and Rest ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... to boost the retirement savings of working mothers by $38,000 via two critical policy changes. In the first instance, the SMC calculates that working mums can be $12,500 to $14,500 better off at retirement if the government pays super on parental leave. ...

Super viewed as lifeboat by Aussies: Survey

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... because of their superannuation savings. An Essential Research survey of 1151 people, commissioned by the Super Members Council (SMC) in November, found that almost two-thirds of Australians believe super makes them feel more confident about their financial ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
New modelling by the Super Members Council (SMC) reveals payday super could add up to $36,000 to the retirement balance of workers in the lowest 20% of wage earners. A recent SMC analysis of an Australian Taxation Office sample file has found that on ...

Super Members Council names chief executive

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
The Super Members Council of Australia (SMC), the new advocacy body representing profit-to-member super funds, has appointed Misha Schubert as its inaugural chief executive. Schubert will move to SMC following a tenure as chief executive at Science ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
"...and I think to myself, what a wonderful world." -- Louis Armstrong It seems a long, long time ago but it's only been three whole trading days (June 11) since Wall Street suffered a big fall - the day US benchmark equity indices closed sharply ...

AUM growth subdued to 2025: Bloomberg

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
New research from Bloomberg suggests fee margins of global asset managers will drop 11% over the next six years. Most of the 1950 global asset managers surveyed in the Asset Management Outlook to 2025 provided conservative AUM growth forecasts over ...

Super promoter faces trial

RUTH LIEW  |  TUESDAY, 19 FEB 2008
Queensland-based Richard Clayton Jackson Sharland, a promoter of a superannuation rollover scheme, appeared in the Brisbane Magistrate Court yesterday to stand trial on a date to be fixed on 22 charges laid by the Australian Securities and Investments ...

ASIC takes action against company directors

... which investors were induced to establish self-managed superannuation funds and to invest in a Dominican company known as SMC Corporation. ASIC has obtained interim orders appointing receivers to Comcash Australasia Pty Ltd, as well as an injunction ...