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Showing 11 - 20 of 100 results for "Salary sacrifice"

Average Aussie $560k richer with advice

ELIZABETH MCARTHUR  |  FRIDAY, 19 JUL 2019
... investing can add between 0.9% to 1.2% to portfolios through the sum of tax effective investment strategies and salary sacrifice superannuation contributions. Hampshire said that in the current environment, the report's articulation of the value of an ...

Australians demand unpaid super laws: Poll

KARREN VERGARA  |  MONDAY, 20 MAY 2019
A new survey conducted by Industry Super Australia reveals political parties are not doing enough to tackle unpaid superannuation and that legislation is the only solution to an ongoing problem. An overwhelming majority of participants (89%) want a ...

Lax regulation worsens lost super benefits: ISA

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
Industry Super Australia is calling on major political parties ahead of the upcoming election to fix the Superannuation Guarantee loopholes costing workers $5.94 billion in super entitlements. A new report compiled by ISA citing 2016-17 financial year ...

Women lead superannuation fund engagement

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... typical women members are 39 years old and have been with the fund for seven years. Only 12% of members made salary sacrifice or non-concessional contributions or both last financial year. About 25% of self-directed members - those who select their own ...

Early release of super, FHSSS gaining traction: ATO

KARREN VERGARA  |  MONDAY, 22 OCT 2018
... first-time there will be event based reporting on things such as employer contributions, employer SG, award payments, salary sacrifice, voluntary employer contributions and of course the details of the employer and the period of the payments. By definition ...

Unpaid super reaches $6bn

DARREN SNYDER  |  MONDAY, 4 JUN 2018
Industry Super Australia is lobbying the Federal Government to improve proposed laws that further address unpaid superannuation, a figure estimated to be about $5.9 billion as at 2015-16. Speaking to a Senate committee hearing in Canberra on Friday ...

O'Dwyer proposes compulsory unpaid super law

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
... introduced legislation to close a loophole that enables unscrupulous employers to short-change employees via salary sacrifice arrangements. O'Dwyer is welcoming submissions to the proposals under the Taxation and Superannuation Guarantee Integrity Bill ...

Government superannuation bills will stand despite Royal Commission: O'Dwyer

EMMA RAPAPORT  |  FRIDAY, 1 DEC 2017
... spend members' money, closure of the loophole that allowed some employers to short-change employees who make salary sacrifice contribution, and giving employees the right to choose their own superannuation, irrespective of an enterprise bargaining agreement ...

Intervention from trustees can address unpaid super: IFS

EMMA RAPAPORT  |  WEDNESDAY, 6 SEP 2017
... increased super fund reporting, and legislation to close a legal loophole that currently results in workers who salary sacrifice, missing out on their full super guarantee entitlement. Since IFS operation was established in October 1991, the service ...

Super FUM up 10pct to $2.3tn

ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
... skyrocketed 45% compared to employer-paid contributions that increased only 3.5%. Superannuation guarantee and salary sacrifice contributions meanwhile increased 6.5% and 7% respectively. Benefit payments increased 15% to $74.5 billion (excluding SMSFs) ...