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Showing 201 - 210 of 270 results for "Super Savings"

Medicare to handle compassionate super payouts

MATT WOODINGTON  |  THURSDAY, 7 JUL 2011
... of superannuation on compassionate grounds, handing the responsibility to Medicare. Only around $1.5 million of super savings were released through compassionate payments in the 2010/2011 financial year and this is unlikely to rise as a result of the ...

Ministers backed to raise super contribution

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
... unique taxation arrangements to help churches afford full-time pastors, ministers are unable to generate enough super savings during their careers to live off in retirement. "In general, ministers' superannuation account balances are lower than those ...

Fees on SG super should be cost-recovery: IPA

ALEX DUNNIN  |  WEDNESDAY, 17 NOV 2010
... forced to lose money". But Davidson said the 15 per cent tax n superannuation is a bigger economic deadweight on super savings than direct fund fees. Davidson's comments are strikingly similar to the Coalition's and Greens' call for banks to enter a ...

Calls to fast track higher SG: survey

ELISE BURGESS  |  TUESDAY, 9 NOV 2010
... last year," said ASFA CEO, Pauline Vamos. Following that trend, 67 per cent of respondents were worried of their super savings running out yet only 39 per cent agreed to compulsory income stream purchasing. Other results showed that around 70 per cent ...

Simulate my retirement: Telstra Super

MEDIA RELEASE  |  TUESDAY, 19 OCT 2010
... calculating an end benefit based solely on contributions - it can consider a partner's situation, as well as any non-super savings and expenditure, in order to provide a snapshot of a household's likelihood of enjoying a comfortable retirement. It also ...

ATO tackles SMSF fraud risk

ELISE BURGESS  |  FRIDAY, 17 SEP 2010
The ATO has taken measures to protect fund members from losing their super savings, as threats to SMSFs, one of the biggest segments in the superannuation industry, become more sophisticated. "The fraud that occurs happens when they get someone's name ...

Trustees address 'young' elephant in the room

MICHELLE BALTAZAR  |  WEDNESDAY, 4 AUG 2010
... Danielle Press, chief executive of Equipsuper, said it's very hard to engage the 20s and the 30-somethings because super savings aren't on top of their priority list. "They've got houses and cars to think about," she said. Solution? Just don't mention ...

New regular payment plans at NSF

RUTH LIEW  |  MONDAY, 19 JUL 2010
... payments by direct deposit. "If you've finally finished your working life and are ready to dip into those well-earned super savings, you might be eligible for our new regular payment plan," according to the statement. Key to this option is flexibility ...

Central plank of Cooper Review is MySuper

MICHELLE BALTAZAR  |  MONDAY, 5 JUL 2010
... maximise the retirement outcomes for all Australians, particularly with projections that by 2035, the compulsory super savings industry would be managing as much as $6.1 trillion of assets. Note: This article was updated with more information at 1:55pm ...

Review reinforces power of fund scale

RUTH LIEW  |  MONDAY, 5 JUL 2010
... internal skills and resources," noted the review. By 2035, Australians are projected to have increased their collective super savings to $6.1 trillion, according to the Cooper report. Last year, the biggest fund in the country had $41.5 billion and the ...