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Showing 91 - 100 of 468 results for "Superannuation guarantee"

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
... payable upon the birth or adoption of a child. The $5000 figure would be equivalent to the amount in superannuation guarantee contributions a person on a $60,000 salary would receive, ASFA said, adding that such a measure could benefit up to 300,000 ...

Hume commits to 12% SG

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... Minister for superannuation Jane Hume has said the federal government remains committed to raising the superannuation guarantee to the legislated 12%. Hume made the commitment while speaking at an Industry Super Australia (ISA) event with shadow minister ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... ensure they can have dignity, health, vitality and connection in retirement. Moving Australia to the 12% Superannuation Guarantee (SG) setting is an important step towards ensuring future generations can be confident to meet the financial challenges ...

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... years, the unpaid super debt has climbed to $28.8 billion. It's as a result of many employers only paying superannuation guarantee contributions on a quarterly basis, regardless of what it says on an employees' payslip. A key recommendation from ISA ...

One in four Aussies have no super account

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
... The demographic of Australians without a super account could be attributed to the introduction of the superannuation guarantee in 1992. Many of those without a super account are older and may not have had compulsory super in their working lives. For ...

Superannuation assets hit $3.3tn

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... 5%) for the year ending June 2021. Employer contributions stood at $98.5 billion (up 1.9%). Of this, superannuation guarantee contributions were $74.1 billion (up 4.3%). Member contributions were $28.5 billion (up 17.1%), of which personal contributions ...

Cost of retirement increases

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
... working lives to ensure they can face retirement with financial confidence. Moving Australia to the 12% Superannuation Guarantee (SG) setting is an excellent step towards achieving this goal."

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing Adequate ...

Super fund member meetings under the spotlight

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
... environmental, social and governance considerations; fund performance and fees; the impact of COVID-19; and the superannuation guarantee. As a result, ASIC expects improved practices across all super funds in three main areas. As good practice, they ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... contributed into their superannuation accounts through the year, six-times the amount of all the compulsory Superannuation Guarantee contributions or 17-times what was paid in fees." Cbus highlighted this week that its MySuper financial year returns ...