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Showing 141 - 150 of 2023 results for "Industry super"

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
On the back of yesterday's heatmaps from APRA, Industry Super Australia (ISA) has said it's clear that closing funds to new members is a Choice sector business model, not a punishment. The Choice heatmaps revealed two thirds of products that are closed ...

Industry fund merger advances

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
Two industry superannuation funds have reached a key milestone, signing a Heads of Agreement to form a combined fund that will manage $20 billion. Mine Super and TWUSUPER have progressed in their merger process, which began in December 2022 with the ...

Women growing super faster than men: Research

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... of the male average, which in turn leads to lower superannuation contributions and balances compared to males." Industry Super Australia calculates it will take 40 years for women to catch up to men's super balance, using a median super balance for ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... focus from savings to retirement income, and elevate service standards for major financial institutions. At an Industry Super Australia (ISA) pre-budget event, Jones said that the government wants to form a national consensus regarding a clear objective ...

ISA renews calls for gig worker super

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... gig workers are missing out on $400 million a year in super contributions, according to the latest report from Industry Super Australia (ISA). The ISA analysis suggests the average gig worker could have up to $29,000 more in their retirement nest egg ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... Australians will benefit from a system that prioritises accountability and transparency," O'Halloran said. Meanwhile, Industry Super Australia (ISA) expressed disappointment that poorer performing Choice sector will remain "shielded" from assessment ...

Australians want super safeguard: ISA

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
... changes that will deter early release. As the government's consultation on legislating super objectives closes, Industry Super Australia (ISA) revealed there is unanimous support to preserve the asset until retirement. ISA said the government has ...

New laws to end unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... help deliver a dignified retirement to hardworking Australians," he said. Following the government's announcement, Industry Super Australia (ISA) reported that payday super will assist one million women who've been missing out on their retirement contributions. ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
The potential super shake-up, which includes contentious provisions on pension payments and unrealised capital gains tax, has drawn criticism from a top AFSL. Under the existing Superannuation Industry Supervision (SIS) regulations, retirees must draw ...

Industry fund bags consecutive customer experience award

ANDREW MCKEAN  |  MONDAY, 27 MAR 2023
A $25 billion industry super fund has claimed consecutive top customer experience awards from Customer Service Benchmarking Australia (CSBA). Spirit Super ranked first again in CSBA's SenseCX benchmarking report, which evaluates ease, sentiment ...