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Showing 231 - 240 of 953 results for "ASFA"

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... significant in supporting the growth of the Australian economy, according to the Association of Superannuation Funds of Australia (ASFA). ASFA's new report, The role of the superannuation industry in supporting the Australian economy, reveals there is ...

ASFA sets out productivity plan

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Association of Superannuation Funds of Australia (ASFA) has released a six-step plan aiming to drive industry-wide productivity gains in superannuation. ASFA said it hopes to boost productivity gains as the impact of COVID-19 continues to disrupt ...

Corporate super plan appoints chair

KANIKA SOOD  |  MONDAY, 27 JUL 2020
... Commonwealth Superannuation Scheme and Military Super. He has also chaired Association of Superannuation Funds in Australia's (ASFA)'s national taxation policy committee. Alcoa of Australia Limited is owned 60%by Alcoa Corporation and 40% by Alumina ...

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... superannuation system, according to new research. The latest report from the Association of Superannuation Funds of Australia (ASFA) estimates compulsory super has added $500 billion to Australian households' savings that they would otherwise be without. ...

Merging super funds guaranteed tax relief

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... improving both. Fahy welcomed the permanent tax relief, and said it had been in the association's sights for some time. "ASFA has, over a long period, highlighted the absence of ongoing tax relief for mergers as a barrier to fund consolidation, and welcomed ...

Government delays RC implementation timeline

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... sensible deferral by Government will ensure funds can continue to focus on supporting the immediate needs of their members," ASFA said. "Maintaining the stability of the superannuation system over the course of the pandemic has been paramount, especially ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... the -21% ASX fall (the difference largely due fees), I'd say the equilibrium has been maintained," he said. According to ASFA, equity market capitalisation on the ASX was $2,118,340 million at the end of December 2019. By the end of March, this had dropped ...

Super fund warns self-employed of early release risks

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
... GigSuper, has warned its members about the downside of accessing super early if they are left unemployed as a result of COVID-19. ASFA research shows that 20% of self-employed people have no super savings at all and retire with 50% less super than those ...

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... reduction in fees charged to super members would be more impactful than an uplift in the superannuation guarantee, and that ASFA's comfortable retirement standard was not suitable for most Australians. In its submission, the researcher said a reduction ...

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... recommendations. SCA said the set of budget standards that were set by the Association of Superannuation Funds Australia (ASFA) are not reliable and overstates how much a person needs for a comfortable retirement. "The reliance on the ASFA standards ...