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

FSI favours Chile-style default super auction

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... default super fund of their employer. It argued that every individual should be free to choose where their superannuation guarantee payments go.

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
... be removed. Choice of fund: Provide all employees with the ability to choose the fund into which their Superannuation Guarantee contributions are paid. Governance of superannuation funds: Mandate a majority of independent directors on the board of corporate ...

Embrace rising retirement age, says futurist

JAMES FERNYHOUGH  |  THURSDAY, 13 NOV 2014
... with you for a start." Ruthven also criticised the government's recent decision to delay the rise in the superannuation guarantee to 12%, saying it would stall the creation of his ideal Australia as a "proud nation of independent retirees." In a wide-ranging ...

Next super revolution must tackle retirement: Vilgan

JAMES FERNYHOUGH  |  WEDNESDAY, 12 NOV 2014
... conference in Melbourne this morning, Vilgan said the first revolution started in awards super, and became the superannuation guarantee. The second, she said, must tackle retirement. "We have built a car, and no one knows if it will reach its destination," ...

Australia's pension system second best in the world

JAMES FERNYHOUGH  |  TUESDAY, 14 OCT 2014
... Mercer senior partner Dr David Knox, said Australia's rising in the ranks was down to the increase of the superannuation guarantee from 9% to 9.5%. He said this demonstrates that increasing the SG from 9 to 12% is "the right long-term policy to ensure ...

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 ...

SG frozen till 2021, industry 'dismayed'

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
The Senate has passed legislation that will freeze the superannuation guarantee at 9.5% until 2021, and abolish the Low Income Superannuation Contribution in 2017. The laws, which were part of an extensive package of reforms contained in the Minerals ...

Govt seeks discretion to freeze super guarantee

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
The Treasurer may soon have discretionary power to further delay the rise of the superannuation guarantee to 12%, following the passage of legislation in the lower house yesterday. The legislation was part of a large suite of amendments labelled the ...

FEATURE: Gear up for retirement

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... We're thinking about how we're going to make retirement incomes policy sustainable," Hockey said. As the superannuation guarantee system matures, Australia's first superannuants are changing their focus from accumulation to making their assets last for ...