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Showing 191 - 200 of 383 results for "ISA"

Tax breaks delivered to first home buyers

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... likely to be expensive to administer and will impact the ability of fund trustees to invest contributions over the long term," ISA chief executive David Whiteley said. "Funds will need to maintain more liquid asset allocations to deal with unpredictable ...

ATO blamed for SG non-payment

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
... penalties for deliberate and repeated acts of non-compliance by employers, and to expand Single Touch Payroll to all businesses. ISA public affairs director Matt Linden said the findings were a "wake-up call." "This is an issue that impacts the entire ...

SG non-payment is an 'easy fix': ISA

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
... in superannuation drawdowns annually ahead of Senate inquiry findings into unpaid superannuation due to be released today. ISA estimates unpaid super costs workers about $24,000 by retirement and is putting pressure on the government to shell out an ...

Unconscionable super cross-selling will continue: ISA

KARREN VERGARA  |  THURSDAY, 20 APR 2017
The Sedgwick Review failed to address some of the "unconscionable" remuneration practices undertaken by banks to cross-sell superannuation products and nothing is being done to curb this, Industry Super Australia says. In response to the independent ...

Associations not sold on PC draft report

EMMA RAPAPORT  |  THURSDAY, 30 MAR 2017
... our default system while ignoring the elephant in the room, which is the dismal performance of sales-driven retail funds," ISA chief executive David Whiteley said. "Hundreds of billions of dollars in savings for millions of Australians are in underperforming ...

Access to super for housing is still bad policy

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
... could reduce retirement savings and drive up housing prices while doing nothing to address supply. It's simply bad policy," ISA chief economist Stephen Anthony said. FSC chief officer Sally Loane was quick to remind members of the objective of superannuation ...

Proactive group releases life insurance guidance

EMMA RAPAPORT  |  MONDAY, 13 MAR 2017
... Superannuation Trustees (AIST), the Financial Services Council (FSC), the Industry Funds Forum (IFF) and Industry Super Australia (ISA), the group released Guidance Note 33 - Best practice for Group Insurance Data. At a granular level, the guidance note ...

Home deposits unwelcome in super

DARREN SNYDER  |  THURSDAY, 23 FEB 2017
... idea is bad policy as it could reduce retirement savings and drive up housing prices while doing nothing to address supply. ISA chief economist Stephen Anthony said: "In the housing affordability debate, the focus should be on land release, regulation ...

Industry super attacks SMSFs

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2017
... in the SMSF sector is a result of members having low levels of financial literacy. Citing a 2016 working paper from CIFR, ISA chief economist Stephen Anthony said the 5.5% increase in SMSF membership in 2015 was attributable to members "having low financial ...

Fraser review challenges super board independence

DARREN SNYDER  |  FRIDAY, 17 FEB 2017
... Revenue and Financial Services, Kelly O'Dwyer, slammed both the Fraser review and the AIST's governance code. "I am pleased that ISA and AIST have finally conceded to the release of Fraser's report, but it is a shame it has been exposed for what it always ...