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Showing 311 - 320 of 468 results for "% Superannuation Guarantee"

Funds wrestling with liquidity problem

MARK SMITH  |  TUESDAY, 7 APR 2015
Future Fund managing director David Neal has expressed concern at the lack of safe, liquid investments available for institutional investors to deploy their vast amounts of cash. Asked at an Association of Superannuation Funds of Australia (ASFA) Investment ...

Super breaks $2trn on way to $9trn

ALEX DUNNIN  |  THURSDAY, 2 APR 2015
Superannuation has now passed through $2 trillion and is well on its way to exceeding $9 trillion over the next 20 years, according to new research released by Rainmaker. While official figures are yet to confirm the $2 trillion marker has been crossed ...

Allow couples to hold joint super accounts: Rice Warner

LAURA MILLAN  |  TUESDAY, 10 FEB 2015
Married couples should be allowed to have a joint account for their superannuation, Rice Warner proposed in its pre-budget submission to Treasury. "We set out the logic of this arrangement in a newsletter last year and had positive feedback from the ...

FSI favours Chile-style default super auction

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
David Murray has recommended that the MySuper system be replaced by a default fund auction process similar to the Chilean model if fees do not come down considerably by 2020. The Financial System Inquiry final report has argued that superannuation fees ...

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
The Financial System Inquiry (FSI) has made 44 recommendation to increase efficiency, resilience and fair treatment of the financial system. Read below the relevant recommendations for the superannuation, wealth management and funds management industries. ...

Embrace rising retirement age, says futurist

JAMES FERNYHOUGH  |  THURSDAY, 13 NOV 2014
The rising retirement age is nothing to fear because in a service economy we are not going to die of over-physical work, according to IBISWorld chairman and 'futurist' Phil Ruthven AM. Ruthven told delegates at the Association of Superannuation Funds ...

Next super revolution must tackle retirement: Vilgan

JAMES FERNYHOUGH  |  WEDNESDAY, 12 NOV 2014
The next revolution in superannuation must involve building a reliable retirement system that tackles market risk and longevity risk, according to QSuper chief executive Rosemary Vilgan. Speaking at the opening session at the Association of Superannuation ...

Australia's pension system second best in the world

JAMES FERNYHOUGH  |  TUESDAY, 14 OCT 2014
Australia's pension system is the second best in the world, according to the Melbourne Mercer Global Pension Index. With a score of 79.9%, Australia outperformed the Netherlands, Switzerland, Finland and Sweden in the index, and was just behind Denmark ...

Abbott's SG claim incorrect, survey finds

JAMES FERNYHOUGH  |  MONDAY, 8 SEP 2014
The majority of businesses would fund a rise in the superannuation guarantee (SG) out of their own - not their employees' - pockets, according to survey commissioned by industry fund Sunsuper. This contradicts Tony Abbott's claim last week that the ...

SG freeze to hit young and low income earners hardest

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
The government's decision to hold off raising the superannuation guarantee will cost young people tens of thousands of dollars in retirement savings, according to figures released by Industry Super Australia. A 25-year-old on $40,000 a year will miss ...