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Showing 191 - 200 of 894 results for %22Superannuation Guarantee%22

Labor says yes, economists say no to SG rise

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... Brisbane and Keating in Sydney, the former Prime Ministers said the current government is trying to destroy the superannuation system. "Superannuation is a bit like a bath. The water in the bath is savings. So the government has taken the plug out of ...

Female access to ERS to widen gender super gap

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
The Early Release of Superannuation (ERS) scheme is expected to impact female workers and widen the gender superannuation gap according to The Australian Institute of Superannuation Trustees (AIST) and Women in Super. New data shown at the annual Women's ...

Pandemic heightened need for SG increase: ASFA

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
In its supplementary pre-budget submission lodged with the government the Association of Superannuation Funds of Australia (ASFA) called for the SG increase to go ahead and an expansion in the coverage of the Fair Entitlements Guarantee (FEG) scheme. ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
Challenger has launched a new lifetime annuity with payments linked to the cash rate. The RBA Cash Linked option is the first lifetime annuity in Australia to be linked to the cash rate, according to the firm. Challenger also offers lifetime annuities ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... the context of the current environment and challenging group life and income protection market, the renewed three year guarantee broadly represented a good outcome for the fund's 1.2 million members and has been secured at a time when a number of ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... billion, equating to $83.8 billion in lost investment earnings and an estimated $16.4 billion in lost superannuation guarantee contributions. AIST has recommended the superannuation co-contribution rate and threshold be increased, the removal of the ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... announced from 1 October those on the Sunsuper for life Corporate and Business plans will no longer require a superannuation guarantee contribution to receive cover.

LNP halts push for SG rise

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
The Prime Minister said he is very aware of issues with the legislated increase to the superannuation guarantee, saying things have changed since it was decided upon, while Senator Jane Hume said she is ambivalent on the issue. Speaking at a press conference ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that. Speaking at the House of Representatives Standing Committee ...

ISA, Grattan find common ground

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... three eligible workers are being underpaid their SG entitlements." ISA went on to support increasing the superannuation guarantee, which is scheduled to lift to 12% over the next five years. "Grattan's out-of-touch solution to this looming crisis for ...