Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 183 results for "Super Guarantee"

GROW Super opens for business

ALEX DUNNIN, STEPHEN FAY  |  TUESDAY, 23 MAY 2017
... white label of LESF MySuper - meaning it offers group death, TPD and income protection insurance and can accept Super Guarantee contributions. Hannover is their insurance partner. Another point of difference is that rather than utilising an underlying ...

ATO payroll system tracking unpaid super

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
... paying superannuation entitlements, improve the way the ATO monitors this and implement early intervention if super guarantee contributions are not being paid. About 2.4 million or one-third of Australian workers are missing out on some or all of their ...

Couples can benefit more than singles in SMSFs

EMMA RAPAPORT  |  TUESDAY, 14 FEB 2017
... Standard, Le Greca said that he sees a lot more younger couples establishing SMSFs after 10 to 15 years under the Super Guarantee system. "With two people under the SG system, the money starts to build up, and as couples reach $250,000 each, there are ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
... dollars less than they should. "It is disturbing that compliance systems are allowing the underpayment of the super guarantee to go on year after year," ISA public affairs director Matthew Linden said. "If the ATO had a more effective compliance system ...

Industry funds lead Labor's super inquiry

DARREN SNYDER  |  MONDAY, 5 DEC 2016
... Katy Gallagher, said the ISA report also found about workers aged under 30 were most likely to miss out on the super guarantee, with 37% of 20 to 24-year-olds losing SG payments from their employer, compared with 23% of 50 to 54-year-olds. She said if ...

AIST wants higher concessional cap for older workers

DARREN SNYDER  |  MONDAY, 10 OCT 2016
... measures stemming from this year's Budget. "AIST believes older workers who have not had the benefit of higher super guarantee (SG) rates should have the opportunity to make catch up contributions into super where possible," an AIST statement said. The ...

Super guarantee of 12pct a mistake

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
Assuming that saving for retirement is synonymous with superannuation is a mistake according to the Grattan Institute. In its latest research paper the institute claims the assumption is also a trigger behind misguided plans to increase superannuation ...

Act now to ensure super sustainability: Cooper

MARK SMITH  |  TUESDAY, 6 SEP 2016
BT Financial Group chief executive Brad Cooper has called on the government to raise the super guarantee to 12% and limit reviews of superannuation policy to once every five years. In a speech at a Trans-Tasman Business Circle event in Sydney's Barangaroo ...

"We were wrong about super": FSC chair

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... it's crucial to the economy as it supports what is now Australia's largest industry." Lloyd advocated raising the super guarantee to the original Keating-era target of 15%, noting how long it took to get to 9%. "And we're still a long way away from 12%," ...

Government finds $2.9 billion from super tax

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... least women," Anthony said. "More generous tax breaks will need to be re-directed to lower income workers, the Super Guarantee needs to rise from 9.5% to 12% sooner rather than later and a fairer age pension asset test with a taper rate of no more than ...