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Showing 151 - 160 of 778 results for "Super members"

TelstraSuper and Equip Super merger to go ahead

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... 'best of breed approach and TelstraSuper's existing retirement products will be made available to Equip Super members. "It is a privilege to be named the inaugural chair, as Equip Super and TelstraSuper come together to form a new fund that will ...

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... first recommended by the Financial Systems Inquiry in 2014 and reinforced in the Retirement Income Review of 2020. Super Members Council chief executive Misha Schubert welcomed the bill's passage, adding that it's appropriate that the wording of the ...

Brighter Super makes fee, death benefit changes

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
... way death benefits are dealt with. Effective January, the annual percentage-based admin fee charged to Brighter Super members will drop from 0.18% to 0.14%. The changes mean the bigger the balance, the bigger the savings. A member with a $50,000 balance ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... technical services Nicholas Ali also welcomed the reports, saying the legislation would double the taxation on some super members. "The Division 296 super tax is hugely unpopular, not simply because it increases the tax burden on those with more than ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... to delayed payments. Over the last nine years, Australians have missed out on $41.6 billion in unpaid super, the Super Members Council said.

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
CareSuper and the Meat Industry Employees' Superannuation Fund (MIESF) are exploring the viability of a merger. The two funds have entered a Heads of Agreement and commenced a due diligence process. It comes hot on the heels of CareSuper completing ...

Lack of action on menopause driving gender inequity

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2024
... are significantly behind. In 2023, modelling by the Australian Institute of Superannuation Trustees - now part of Super Members Council - estimated menopause is costing Australian women about $17 billion in lost earnings and retirement savings. Further ...

Super lobbies call for death benefit reforms

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
The chief executives of the Super Members Council (SMC) and the Association of Superannuation Funds of Australia (ASFA) have told the senate economics committee that Australians deserve better outcomes from their super funds, but said reforms are needed. ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
New modelling from the Super Members Council (SMC) finds most teenagers will miss out on an additional $10,000 at retirement simply because they're not entitled to superannuation contributions. The lobby group's Guaranteeing a Super Start to Work report ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
The $37 billion superannuation fund is suing Iress, saying there has been numerous incidents and breaches since they partnered which have had a material impact on the fund and its members. ESSSuper has filed Federal Court proceedings against Iress and ...