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Showing 1 - 10 of 16 results for "Glen McCrea"

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... to pass the Bill without delay," she said. Association of Superannuation Funds of Australia deputy chief executive Glen McCrea said legislating the Retirement Income Covenant is a significant step in encouraging the further development of the retirement ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... increased rates after implementing smaller rises, rebates or rate freezes last year," ASFA deputy chief executive Glen McCrea said. Over the past year, automotive fuel prices rose sharply (+24.6%), as did the price of motor vehicles (+6.2%), and domestic ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... has reduced the number of lost and inactive super accounts by 13 million since 2015," ASFA deputy chief executive Glen McCrea said. Despite the significant reduction in multiple accounts, the number of lost and inactive accounts held by the ATO has remained ...

SG increase to self-fund retirement

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
... key objective of super is to provide dignity in retirement," ASFA deputy chief executive and chief policy officer Glen McCrea said. "It's clear that the Super Guarantee rise puts Australians firmly on track to achieve the dignified retirements they ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... Australians seeking to boost their superannuation savings," Association of Superannuation Funds deputy chief executive Glen McCrea said. In addition, the government has extended access to downsizer contributions by lowering the eligibility age by five ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... increase flexibility for older Australians seeking to boost their superannuation savings," ASFA deputy chief executive Glen McCrea said. Frydenberg also announced several measures aimed at boosting home ownership among young people. The Family Home Guarantee ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
... $30,000 to $50,000. The Association of Superannuation Funds of Australia welcomed the move, with deputy chief executive Glen McCrea saying: "Importantly, because of its focus on voluntary contributions, the FHSS scheme will not impact on the primary ...

Cost of living eroding super: ASFA

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... price rises in those areas, which is not altogether favourable for retirees on a budget," ASFA deputy chief executive Glen McCrea said. During the quarter, the price of domestic holiday travel and accommodation increased by 6.3% thanks to some borders ...

Government passes advice, super reforms

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... said. The Association of Superannuation Funds of Australia (ASFA) deputy chief executive and chief policy officer Glen McCrea said the legislation is extremely valuable especially where the trustee holds small residual account balances. "Improving the ...

Aussies reunited with $1bn in lost super

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... out on the investment returns as the ATO simply pays interest at the rate of inflation. ASFA deputy chief executive Glen McCrea said the money could vary from small sums to thousands of dollars but the average will be about $1600. "Last year the ATO ...
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