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Showing 141 - 150 of 841 results for %22ASFA%22

Default insurance likely to go: Silk

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... its ousting as a default portion of the system. Appearing as part of a panel discussion about the future of super at the ASFA Conference in Melbourne, Silk promoted his belief that insurance premiums were increasing across the industry as more Australians ...

Defined contribution: A global perspective

HARRISON WORLEY  |  THURSDAY, 14 NOV 2019
Superannuation executives at the ASFA Conference have learned of the challenges facing other defined contribution pension systems around the world. Kicking off the second day of the ASFA Conference in Melbourne, Challenger retirement income chair Jeremy ...

ASFA strikes back at super detractors

HARRISON WORLEY  |  WEDNESDAY, 13 NOV 2019
... Australia chief executive Martin Fahy has hit out against vocal critics of the super system on the opening morning of the 2019 ASFA Conference in Melbourne today. Fahy took to the stage to call on the government and Treasury to release the Model of Australian ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... a simple and accurate way to solve the issue, taking into consideration a retiree's asset base and age. The rule comes as ASFA releases its updated retirement standards for the quarter, which shows a single person aged around 65 needs to spend $27,913 ...

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... insurance level and understand the premiums they are paying, calculate how much super is needed for retirement by using the ASFA Super Guru Retirement Tracker and use super education tools to better understand the system.

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
... lifestyle worth $82,400 a year, while singles in SMSFs are on track to achieve lifestyles worth $65,300, easily clearing ASFA's comfortable retirement standards. "However, our previous research has shown that many SMSF trustees are hoping to achieve ...

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... McCrea said the policy group was committed to working constructively with the review panel to help shape the report, and said ASFA would take the review as an opportunity to build on the great foundation Australian's already enjoyed through the super ...

ATO to crack down on SG non-payment

KRISTI CHENG  |  TUESDAY, 27 AUG 2019
... employers on non-payment of super guarantee, according to ATO deputy commissioner James O'Halloran. Speaking at the 2019 ASFA National Policy Roadshow, ATO deputy commissioner, superannuation and employer obligations James O'Halloran said it would be ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
... as accusing people of being 'anti-vaxxers', will help superannuation's cause," he said, in response to head of ASFA Martin Fahy's comments likening critics of the super system to anti-vaxxers. "The industry would be far better investing ...

Low inflation rate masks rising living costs woes

KRISTI CHENG  |  TUESDAY, 13 AUG 2019
... seeing a "steep" increase in the cost of basic items, according to the Association of Superannuation Funds of Australia. In ASFA's latest Retirement Standard, it found over the year to June quarter 2019 costs rose by 1.5% for retiree couples at both ...