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Showing 141 - 150 of 179 results for "Super guarantee"

Industry super funds show patchy approach to emergency reserves

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
... been actively discouraged from having reserves by the regulator. "A lot of them had guaranteed cash flow with the Super Guarantee and the award system and there was an incredible amount of outsourcing so they outsourced to large providers," she said. ...

Trade union boss pushes for SG raise

ELISE BURGESS  |  MONDAY, 25 JUL 2011
The Australian Council of Trade Unions president, Ged Kearney, has voiced her support for a higher super guarantee and urged women in the super industry to maintain the fight for equal rights and to demand more action from government figures. Speaking ...

Labor moves to justify super existence

MATT WOODINGTON  |  THURSDAY, 23 JUN 2011
... Lifetime Income Security' Shorten highlighted the successful economic period between July 1992 and June 2003 when the super guarantee was lifted to 9 per cent. "Mr Speaker I would not be exaggerating if I said that the introduction of the Superannuation ...

Dropping home ownership rates leave retirement funding hole

ALISON BEVEGE  |  TUESDAY, 31 MAY 2011
... many of them women, putting them at the highest risk of retiring without their own home. Hill said increasing the super guarantee from 9 per cent to 12 per cent was a must and called on key groups to shift their views on home ownership and superannuation. ...

Advisers not ready for super changes

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
... happens but in the lead-up as well," he said. In the future there would be possible compulsory annuitisation as the super guarantee rises and Treasury guards the notional foregone tax revenue in super - $27.6 billion in the 2011 financial year, he said. ...

Budget 2011: "Benign" Budget a relief for finance sector

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
... draw-downs, encouragement for super funds to invest in infrastructure and a reiteration of the promise to increase the super guarantee to 12 per cent were functions of a budget that commentators labeled bland. "No news is great news," Financial Services ...

High level super talks on now

ALISON BEVEGE  |  MONDAY, 2 MAY 2011
... Superannuation Funds of Australia, said the industry needed to take a strategic approach to achieve its goal of raising the super guarantee (SG) from 9 per cent to 12 per cent. "Our stakeholders include employers and unions," she said. "Employers are ...

ASFA wants action on tax relief

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
... not yet made a decision on the issue. Vamos also said the industry should continue to campaign on increasing the super guarantee from 9 per cent to 12 per cent, saying employers would be the ones to push against it. "Nothing is guaranteed especially ...

Life insurance consuming dormant super fund balances

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
... was changing. "There's one fund that provides excellent insurance benefits but the payment... is attached to the super guarantee contribution," she said. "So if the super guarantee stops then they don't take out any more premiums for the insurance." ...

Plum avgs 13.5pc member contrib.

ELISE BURGESS  |  FRIDAY, 8 APR 2011
... 13.5 per cent across its entire 180,000-member network thanks to its three-part member service plan. The current super guarantee (SG) level sits at nine per cent, with Plum's average member contributions resting almost 40 per cent higher, with around ...