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Showing 181 - 190 of 399 results for "ISA"

Grattan says Aussies retiring comfortably, ISA responds

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
Australians are retiring with more than enough, according to new research from Grattan Institute but ISA and ASFA don't agree. Grattan Institute modelling found that most workers can expect retirement income of at least 91% of their pre-retirement ...

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
... penalty which the ATO is "now apparently applying as a minimum is wholly inadequate and not even a parking ticket penalty." ISA values unpaid super at about $6 billion per year and affecting one in three employees. Its analysis of ATO data suggests the ...

Super funds excel in reporting obligation

KARREN VERGARA  |  TUESDAY, 16 OCT 2018
Nearly all large superannuation funds are fulfilling reporting obligations to a "high standard," the ATO's latest diagnostic reports show. In its fourth year running, the 2017 Risk Differentiation Framework (RDF) report found APRA-regulated funds successfully ...

Labor commits $400m to gender super gap

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
... making a median wage of $46,000 could retire with 6% or $30,650 more in super, Industry Super Australia modelling predicts. ISA welcomed the announcement, labelling it a positive start to closing the gap. "The system is unforgiving of broken work patterns ...

Super industry welcomes Age Pension backflip

HARRISON WORLEY  |  THURSDAY, 6 SEP 2018
... welcomed the Federal Government's decision to back flip on its longstanding proposal to increase the Age Pension age to 70. ISA deputy chief executive Matt Linden said the peak body for industry superannuation funds is pleased the Morrison government ...

Super funds cop governance grilling

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
... superannuation members. The fifth round of hearings also saw AustralianSuper chief executive and Industry Super Australia (ISA) director Ian Silk taken to task over the promotional activities of Australia's largest super fund, including its funding ...

Trust in financial services down since Royal Commission: Poll

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
... advice. Last week the commission heard from AustralianSuper chief executive and Industry Super Australia director Ian Silk. ISA's fox in the henhouse campaign became the centerpiece issue for an afternoon as counsel assisting questioned the value of ...

We have won the battle, not the war: AustralianSuper CEO

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... of the Royal Commission's investigation into superannuation. Silk, who sits on the board of Industry Super Australia (ISA) - the lobby group behind the campaign, said the Fox in the Henhouse advertisement was intended to sway the opinion of federal ...

Industry bodies respond to RG97 review

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... affairs director Matt Linden said the bank platform exemption from consolidated investment costs disclosure remains an issue. ISA is calling on ASIC to adopt the recommendation the current bank platform operators regulation should be reviewed. More than ...

Frontier names head of real assets arm

KARREN VERGARA  |  FRIDAY, 13 JUL 2018
Frontier Advisors appointed an investment banker to lead its real assets division. Isabelle Demir joins Frontier Advisors as head of real assets on July 30. The asset consultant has about $300 billion under advice. Demir will work closely with property ...