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Showing 211 - 220 of 2244 results for "Council"

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... are immensely grateful for his leadership to help deliver better outcomes for all Australians." The Financial Services Council (FSC) also commended Jones for his hard work and dedication to the financial services industry. FSC chief executive Blake Briggs ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
Modelling by the Super Members Council (SMC) shows close to one million older Australians are paying more in tax by leaving their super savings in accumulation products. The SMC said 700,000 Australians aged over 65 and no longer working full-time have ...

Minimum service standards for super funds welcomed

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
... stakeholders to develop the standards and the draft standards will be released for public consultation. The Super Members Council (SMC) strongly welcomed the plan. SMC chief executive Misha Schubert said super fund members rightly expect the highest ...

Government to streamline financial reporting

ELIZA BAVIN  |  FRIDAY, 24 JAN 2025
... Australian Accounting Standards Board (AABS), the Auditing and Assurance Standards Board (AUASB) and the Financial Reporting Council (FRC). The consultation paper sets out that the new statutory body will be responsible for the functions currently performed ...

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... extra $1.7 billion per year to the economy and can make Australia a serious financial services hub, the Financial Services Council (FSC) says. New modelling shows that financial services could also earn $2 billion in export revenue, while productivity ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... should have to beg for a pay rise, they should have to raid their own retirement to get a pay rise..." The Australian Council of Trade Unions (ACTU) responded to the Coalition members' comments, presenting costings that estimated their plan would deprive ...

ISPT joins IFM: Names new leaders

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... the chief executive of Stockland's shopping centre division. He is also a former national president of the Property Council of Australia. IFM said Steinberg and Chapple's extensive real estate experience will be critical in supporting IFM and ...

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... million Australians receiving their super contributions more frequently throughout their working life, which Super Member Council (SMC) analysis shows the average worker would be $7700 better off in retirement with payday super because returns accrue ...

Top superannuation policy priorities for 2025: SMC

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
Super Members Council (SMC) has set out its key policy priorities in 2025 to further strengthen the superannuation system. The advocacy group, which represents over 11 million people, has called for no changes to the superannuation system's fundamental ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... can claim death benefits and continue to commit financial abuse even after the death of a victim-survivor. Super Members Council chief executive Misha Schubert commented: "The sector is united in calling for reform and sending a clear message that abuse ...