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Showing 141 - 150 of 953 results for "ASFA"

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... should also be mandated to contribute. This is a headline result from the Association of Superannuation Funds of Australia (ASFA) 2023 Fund Member Survey and includes many individuals who considered themselves to be in that category. "While there is ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... retirement, with government support, in an equitable and sustainable manner. Several industry groups and organisations, like ASFA, FSC, HESTA and Insignia Financial supported the government's proposed objective for superannuation. At the ASFA Conference ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... the cross-industry working group has met three times since its creation. "It's got representatives from AIST, FSC and ASFA, Link and Mercer, and all of the regulators as well," she explained. "It's been an incredibly valuable forum." She said ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... increased by an average of 1.8% per quarter, marking a higher historical average of 0.6% per quarter since the early 1990s, ASFA chief executive Martin Fahy said. For retirees, falling real wages have meant that the Age Pension payments have not benefitted ...

Early super release scheme a mistake: ISA

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
... of extreme financial hardship or to pay for life saving medical treatment." As previously reported by Financial Standard, ASFA said the government's COVID-19 early release of super scheme saw the closure or near emptying of almost one million member ...

Gender super balance parity four decades away: ISA

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
... contributions they need for a more financially secure future." Meanwhile, the Association of Superannuation Funds of Australia (ASFA) is calling on the government to commit to closing the retirement savings gender gap using the tax revenue generated ...

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... sustainable way." The proposed objective garnered mostly positive reactions from industry bodies and industry funds. At the ASFA conference last week, Taylor expressed that Coalition also supports the idea of establishing an objective for super, but ...

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
... services regulators detailed their top priorities, including cybersecurity threats and fraud in the super industry. At the ASFA conference, financial services regulators detailed their top priorities, including cybersecurity threats and fraud in the ...

The unprecedented economic forces shaping the world

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
At the ASFA conference, Macquarie Capital managing director and head of global and Asia-Pacific equity strategy Viktor Shvets said he believes unprecedented economic forces will change the investment climate in the coming decades. Shvets forecasts that ...

New front in super wars, stability at risk: Opposition

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
At the Australian Superannuation Funds of Australia (ASFA) conference, shadow treasurer Angus Taylor said the stability and certainty of Australia's superannuation system is at risk. The purpose of super is to take pressure off the budget, not supplement ...