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Showing 161 - 170 of 468 results for "% Superannuation Guarantee"

SG increase will hurt women: NFAW

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
The National Foundation for Australian Women (NFAW) said increasing the super guarantee will hurt women and the age pension should remain a strong element of the retirement income system. In its submission to the Treasury the NFAW said the superannuation ...

Labor stands by super

HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
Opposition leader Anthony Albanese has called out an "unholy coalition" attacking superannuation. In a speech in Brisbane on Wednesday, Albanese stepped up to bat for the super system, labelling those questioning the legislated rise in the superannuation ...

Super chief opposes SG increase

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2020
The chief executive of a $5.5 billion industry superannuation fund has spoken out against increasing the superannuation guarantee to 12% in a submission to the Retirement Income Review. Prime Super chief executive Lachlan Baird said that while most ...

AustralianSuper SG modelling paints dismal picture

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... Australia's largest superannuation fund will not be able to achieve a comfortable retirement even with a 12% superannuation guarantee, according to the fund's internal modelling. AustralianSuper calculated expected balances for four cameos (average ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
Superannuation industry professionals are going head to head over Australia's super guarantee system, yet all agree it's time for an upheaval. In a submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
The peak body for industry super funds is stepping up its campaign to convince the public of the benefits of increasing the superannuation guarantee, as the RBA weighs in to the debate. Industry Super Australia has kicked off a new advertising campaign ...

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
KPMG is calling for the imbalance between men and women's retirement outcomes to be redressed, pinning the blame on superannuation concessions. In its submission to the government's review of the retirement income system, KPMG highlights how the current ...

SG increase means lower wages: Grattan

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
Grattan Institute has again weighed into the ongoing debate over the necessity of the legislated increase to the superannuation guarantee. In a new research paper, Grattan claims workers "overwhelmingly" pay for increases to the super guarantee through ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
New insights from Rice Warner claim product disclosure statements are weak in their ability to actually inform or protect consumers. Last year's report from ASIC on the matter said: "The over-reliance on disclosure in some ways proved an enabler of ...

Your Super, Your Choice debate heats up

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
The Financial Services Council and the Australian Institute of Superannuation Trustees aired some grievances about the planned Your Superannuation, Your Choice legislation. FSC chief executive Sally Loane said while the FSC broadly supports the new ...