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Showing 171 - 179 of 179 results for "Super Guarantee"

SG is a tax: Tax Inquiry

The just-announced tax inquiry may lead to the unthinkable - an attack on the 9 per cent Super Guarantee (SG). Treasurer Peter Costello has just announced a broad review of taxation in Australia so the government can get clear figures comparing our ...

Too many people unprepared for retirement: Count

... relying on their super contributions to fund their retirement will fall far short. "Relying on the 9 per cent Super Guarantee is unrealistic. A person hoping to retire on $40,000 at age 65 will need around $500,000 in super - well beyond what 9% super ...

ASFA welcomes government super measures

... to pay an administration charge, plus interest at 10 per cent per annum that was calculated daily on top of the Super Guarantee amount that was due. Under the government's legislation employers will now be able to 'self-correct' marginally late payments ...

ATO reminds employers about Choice requirements

... important employers ensure their employer fund is a complying fund and that they meet the quarterly deadlines for super guarantee contributions." Furthermore employers need to provide a Standard Choice Form to new employees who are eligible for choice ...

STA urges employees to check super contributions

AAP  |  FRIDAY, 1 JUL 2005
... received any payment at all." Delaney says that although employers were still under the obligation to pay the super guarantee levy quarterly, there was no such obligation to report the fact to their employees. He says the potential for super to get lost ...

Balanced approach from regulators re Choice

... to identify eligible employees for super choice, provide them with a standard choice form and arrange for their super guarantee to be paid to the chosen fund - either the employee's fund of choice or the employer's fund if the employee waives their right ...

ASFA strongly argues in favour of a cut in super contributions tax

... Removing the contributions tax would result in an extra $610 a year into super for an average wage earner (at the Super Guarantee rate of 9%), which would increase their lump sum at retirement, after 30 years, by $25,000." "Which is better for Australia ...

ASFA hails new co-contribution super arrangements

... contributed to their super. This would be over and above the $2300 (after contributions tax) contribution from the Super Guarantee alone," "Their retirement savings would be boosted by around 70%, assuming indexation of the parameters of the scheme and ...

ASFA comments on IFSA policy statement

... consensus is further evidence of the need to boost retirement savings," said Philippa Smith, CEO of ASFA. "The Super Guarantee is still a maturing policy, so we are a long way from meeting expectations. We need to take action now to remedy the situation ...

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

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