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Showing 101 - 110 of 214 results for "Super tax"

ISA calls out pre-Budget arguments on contribution caps

DARREN SNYDER  |  FRIDAY, 29 APR 2016
... shows a small number of high income employees, with super balances averaging $600,000, are the main beneficiaries of super tax concessions on large voluntary contributions made under existing caps of $30,000 to $35,000 a year. "The numbers tell us the ...

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
... principally because their purpose was never defined. We now have no choice but to reel them back in." KPMG believes these super tax proposals, together with changes to the age pension, will raise nearly $5 billion towards the deficit and "meet the test ...

Boomers surprisingly open to fair super tax changes

MARK SMITH  |  THURSDAY, 28 APR 2016
Contrary to the consensus view that older Australians are tired with super policy tinkering, a new survey of predominantly baby boomers shows that people are open to changes to the rules that promote fairness and contribute to the system's overall sustainability. ...

Budget leak proposes super tax crackdown

DARREN SNYDER  |  WEDNESDAY, 20 APR 2016
An alleged federal budget leak has caught the ire of a superannuation representative group that says any hike in super taxes needs to consider each end of the income spectrum. The leak, first aired on Sky News, says the federal government will run an ...

Super's objective needs to get personal

DARREN SNYDER  |  TUESDAY, 12 APR 2016
An association for corporate superannuation advisory businesses has labeled the Financial System Inquiry's definition of super's objective as impersonal and believes it should be more meaningful to working Australians. Workplace Super Specialists Australia ...

Mercer calls for total retirement income perspective

KERRIE SYDEE  |  THURSDAY, 17 MAR 2016
... age pension and superannuation tax concessions must be considered in combination over the longer term. "The cost of super tax concessions to the government is only part of our retirement savings and should not be considered in isolation. Concentrating ...

Adequacy benchmark to help define super

DARREN SNYDER  |  WEDNESDAY, 16 MAR 2016
... industry - has done a lot of work that is evidence-based...on how to close this inequity gap in super," Garcia said. "If super tax changes are indeed announced in the upcoming budget and they fail to pass the fairness test, super will - and should become ...

Super tax concessions no gift

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
... generous in the last few decades," Vision Super chief executive Stephen Rowe said. "Combined these are worth far more than super tax concessions - and are not viewed by the government in the way that way working people's super is. "Superannuation savings ...

Mercer issues super fund imperatives

DARREN SNYDER  |  THURSDAY, 3 MAR 2016
... Mercer's Top 10 themes for super providers in 2016: Focus on outcome based investing Prepare for potential changes to super tax Post-retirement continues to be a focus Re-define objectives in a volatile world A time to tilt portfolios to alpha Reflect ...

Super not for plugging Budget holes: AIST

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
... Tom Garcia said such a move would hit the retirement savings of all fund members. "We urge the Government to re-focus super tax reform on improving fairness in the system and setting system objectives," Garcia said. "Reforming super is not about plugging ...