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Showing 101 - 110 of 267 results for "Super Savings"

Downsizer contributions skyrocket

KARREN VERGARA  |  TUESDAY, 9 JUL 2019
... However, it is counted towards the transfer balance cap of $1.6 million, which applies when the member moves their super savings into retirement phase. It is not exempt from the Age Pension means test. Minister for Housing and Assistant Treasurer Michael ...

Members ignorant about super fund differences: Research

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... the urgent need for a government-sanctioned online tool to help Australians make more informed choices about their super savings, Scheerlinck said.

Superannuation Guarantee continues to fail employees: Report

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... workers earning more than $8000 were not saving for their retirement. This represents a $4 billion hole in annual super savings and a potential $145 billion deficit across their working life. Mercer Australia industry fund and public sector leader Jo-Anne ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... than men. "If this measure proceeds there would be some justification to focus benefits to those with inadequate super savings," ISA deputy chief executive Matthew Linden said. "Sadly, the Budget again misses an opportunity to take action on the millions ...

For-profit lobbying leads to $53bn problem: AIST

HARRISON WORLEY  |  MONDAY, 3 DEC 2018
... AIST chief executive Eva Scheerlinck said the different rules amounted to the managers of more than $1 trillion in super savings not being held to account. Currently, eight million Australian's invest their super in choice products, and Scheerlinck called ...

New super fund to secure female financial security

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
... aiming to tackle an inequality in the financial system that sees women retire, on average, with 47% less than men in super savings. In doing so, it has partnered with Future Super as investment manager and promoter while Diversa serves as trustee. AIA ...

Corporate and industry super funds unite

JAMIE WILLIAMSON  |  FRIDAY, 30 NOV 2018
... an $8.6 billion industry superannuation fund. Members of the Fairbrother Employee Retirement Fund have had their super savings rolled over to Tasplan under a new agreement reached between the two funds. The now $18 million Fairbrother Employee Retirement ...

Rewards program to boost super savings

KARREN VERGARA  |  FRIDAY, 9 NOV 2018
A super fund has launched a rewards program that helps boost members' superannuation savings. GuildSuper launched SUPERSUPER this week, a shop-and-reward program that teams up with participating retailers and automatically contributes to members' ...

Productivity Commission counters group insurance research

KARREN VERGARA  |  MONDAY, 29 OCT 2018
... Pension payments for some members. Taking tax implications into account, the Commission said insurance premiums reduce super savings and thus reduce the tax collected on super earnings - this increases the fiscal costs of insurance in superannuation ...

Industry funds launch account matching initiative

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... said. On a per member basis, this could save $260 a year in fees and insurance premiums and help them build their super savings faster, Dean added. The process will involve eligible rollover fund, AUSfund, to match and consolidate members' inactive accounts ...