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Showing 131 - 140 of 194 results for "Super Guarantee"

Super reforms to hurt retirees

ALEX BURKE  |  TUESDAY, 2 JUN 2015
... that the pension changes, in conjunction with existing super tax concession arrangements and the freezing of the super guarantee, will ultimately affect average income-earners more than wealthy retirees. ISA's report showed that couples due to retire ...

No new taxes on super welcomed

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... changes once again. "What we would like, however, is for them to consider reinstating the original timetable for the Super Guarantee increase to 12% and a long-term commitment to the Low Income Super Contribution (LISC)," she said. "These two measures ...

VicSuper to offer Challenger annuities

JAMES FERNYHOUGH  |  THURSDAY, 6 NOV 2014
VicSuper has joined forces with Challenger to offer two new annuity products for its retired members. The products, which the fund expects to launch in early 2015, will be backed by Challenger's guaranteed term and lifetime annuities, and are "designed ...

SMSFs up weighting to international shares

MARK SMITH  |  WEDNESDAY, 29 OCT 2014
... $35,000 compared to a cap of $25,000 applying to all ages for the previous financial year.A The increase in the super guarantee from 9.25 to 9.5% would have also increased contribution levels." The quarterly Multiport SMSF Investment Patterns Survey ...

Govt seeks discretion to freeze super guarantee

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
The Treasurer may soon have discretionary power to further delay the rise of the superannuation guarantee to 12%, following the passage of legislation in the lower house yesterday. The legislation was part of a large suite of amendments labelled the ...

Bowen supports lump sum status quo

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... On superannuation policy, Bowen heavily criticized the government's decision to further delay the rise in the super guarantee to 12%, calling it a "short-term saving at a long-term cost," and "fundamentally bad economics." He also re-affirmed Labor's ...

Parliament to address large financial services agenda

LAURA MILLAN  |  TUESDAY, 12 NOV 2013
... plans to repeal Labor's low income superannuation contribution (LISC). The legislation that increased compulsory super guarantee contributions from 9.25% to 12% will be delayed. Under the new plans, the SG will rise from the current 9.25% to 9.5% from ...

Coalition urged to rethink super slash costings

JAMES FERNYHOUGH  |  THURSDAY, 29 AUG 2013
... reconsider its decision to scrap the low income superannuation contribution (LISC) scheme and delay the increase of the super guarantee (SG), which it announced in its costings yesterday. In a joint statement, Women in Super (WIS) and the Australian ...

Coalition to save $1.6bn via SG delay

AAP & ALICE URIBE  |  WEDNESDAY, 28 AUG 2013
... scrapping the minerals resource rent tax (MRRT). These include $3.7 billion from not proceeding with the low-income super guarantee that was supposed to be funded from revenue from the MRRT. Similarly, abolishing the schoolkids bonus will save $4.6 billion ...

Fund chief calls for cap on super lump sum payments

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
... will fall on people on the Age Pension. As well as a cap on lump sums, Turner also advocated a swift increase of super guarantee to 12%, saying "delays will have consequences." When questioned on whether the policy of lump sum caps contradicted the super ...