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Showing 131 - 140 of 468 results for "Superannuation guarantee"

Super fund gets ahead of CIPR obscurity

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... Warner reveals how changing superannuation policies will have a fiscal impact. For instance, freezing the superannuation guarantee at 9.5% will have a modest budget benefit in the short term via higher taxation revenue, but over time will be offset by ...

Increased SG equals increased fees: Research

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
New research from the University of Sydney suggests that raising the superannuation guarantee to 12% will send fees through the roof. The study conducted by Cameron Murray, economist and research fellow at the University of Sydney, found that increasing ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
... Your Choice bill which passed last week allowing employees the choice about which fund receives their superannuation guarantee. "It not only affected younger people but also older members transitioning to retirement who might have an SMSF. A typical ...

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... universal superannuation is among the world's best retirement savings scheme, and the introduction of the Superannuation Guarantee in 1993 was by far the greatest policy intervention to improve retirement incomes for women," it said. "It is imperative ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... billion, equating to $83.8 billion in lost investment earnings and an estimated $16.4 billion in lost superannuation guarantee contributions. AIST has recommended the superannuation co-contribution rate and threshold be increased, the removal of the ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... announced from 1 October those on the Sunsuper for life Corporate and Business plans will no longer require a superannuation guarantee contribution to receive cover.

LNP halts push for SG rise

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
The Prime Minister said he is very aware of issues with the legislated increase to the superannuation guarantee, saying things have changed since it was decided upon, while Senator Jane Hume said she is ambivalent on the issue. Speaking at a press conference ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that. Speaking at the House of Representatives Standing Committee ...

ISA, Grattan find common ground

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... three eligible workers are being underpaid their SG entitlements." ISA went on to support increasing the superannuation guarantee, which is scheduled to lift to 12% over the next five years. "Grattan's out-of-touch solution to this looming crisis for ...

SG increase will be deferred: Knox

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox. Speaking at the All Actuaries Virtual ...