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Showing 111 - 120 of 362 results for "Super industry"

Increased SG equals increased fees: Research

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
... contribution rate, Australia's superannuation system is already an unbelievably expensive retirement income system. The super industry employs 55,000 people and costs $34 billion in fees each year to deliver only $40 billion in retirement incomes, it ...

ERS will impact those who didn't access super: REST

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... said that while the ERS scheme was necessary as a one-off it cannot be a standard feature for the future of the super industry. "Funds would become more like banks and we would all need to look at our asset mix and switch it up for shorter-term investments," ...

Super to lose $3tn by 2040

JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
... industry will have foregone $3 trillion in growth by 2040 as a result of COVID-19, according to new analysis. The super industry was projected to hit $10 trillion over the next two decades, but Rainmaker Information has now revised this down to $7 trillion. ...

Domestic violence super reforms stall

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... that will make the process far more efficient, fair and cost-effective both for the individuals concerned and the super industry." WIS chief executive Sandra Buckley said the implementation of the scheme would create more equitable and just outcomes ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
... capabilities and would be an easy thing for us to establish, and would provide a better deal to members." Bragg said the super industry needs to focus more on helping Australians into the housing market, referencing research by Rice Warner and Grattan ...

Super-backed specialist centre opens in Hobart

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... more than tripled over the past three years to almost $20 billion. "If even a tiny slice of our almost $3 trillion super industry start investing for impact it will make a huge difference to tackling big social challenges like dementia," Blakey said. ...

AustralianSuper denies turnover issue, delays office

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUN 2020
... near-term view was somewhat bleak. "The further you look, the more confident you become," he said. As for how the super industry has been handling the unique challenges thrown at it throughout the pandemic, Delaney reiterated AustralianSuper's view that ...

Hold super accountable for miners' actions: Future Super

HARRISON WORLEY  |  THURSDAY, 11 JUN 2020
... wakeup call - unless people switch to ethical super funds, activity like this will only continue." Hunter said the super industry is in a position to make an impact, and pointed out ethical super funds are beginning to gain traction, "which means the ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... while bolstering cash reserves. The prudential regulator's latest quarterly superannuation statistics show the super industry contracted over the latest quarter, as markets were sent into meltdown in response to the pandemic. This however compares ...

Merging super funds guaranteed tax relief

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... Association of Super Funds of Australia chief executive Martin Fahy said the association "strongly supported" a super industry which is competitive and continuously improving, both in terms of productivity and efficiencies. Mergers, he said, were at ...