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Showing 201 - 210 of 895 results for %22Superannuation Guarantee%22

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 ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... Macquarie closed the SuperOptions product to new members in June 2012. After a recent review of all its pension and superannuation products, it has decided to transition its pension accounts to the Macquarie Pension Manager. The transfer is slated for ...

SG amnesty deadline nears

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... Australian businesses on notice, as the amnesty allowing employers to disclose and reimburse previously unpaid superannuation - dating back to 1 July 1992 - fast approaches its closing date. To take up the amnesty, employers must come forward and disclose ...

SG increase will be deferred: Knox

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox. Speaking at the All Actuaries Virtual ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... Warner, which says the report will be over 600 pages, thinks it will comment on the adequacy of the current rate of superannuation contributions, home ownership via superannuation, age pension eligibility criteria, allocation to longevity products, spending ...

Industry funds team up in longevity search

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions. The working group, which was put together late last year, is expected to present its ...

ATO can make cost of advice cheaper: Asher

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... seems clear that more direct government intervention may be required - just like the introduction of the Superannuation Guarantee, MySuper and even Account Based Pensions," Asher said in the recently-published dialogue paper titled: Developing the Retirement ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
Leaders from the nation's industry super funds have called for greater certainty around superannuation policy, noting various challenges face the industry in the period of economic recovery ahead. In particular, industry fund chief executives pushed ...

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... higher proportion of current household income than would otherwise be the case. Therefore, ASFA says the superannuation guarantee is not only doing its job but has benefitted the economy as a whole and will continue to do so, stabilising Age Pension ...

ISA responds to calls for SG freeze

JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
Industry Super Australia has labeled a band of MPs "out of touch", after they called for increases to the super guarantee to be put on ice or scrapped completely. Backbench coalition MPs have called for the legislated increase to the SG to be scrapped ...