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Showing 321 - 330 of 954 results for "ASFA"

APRA delivers poor super fund ultimatum

DARREN SNYDER  |  WEDNESDAY, 29 NOV 2017
... performers" in the country's $2.5 trillion superannuation system. Speaking at the Association of Superannuation Funds of Australia (ASFA) Conference in Sydney this morning, Rowell said poor performers - irrespective of industry segment - must lift their ...

Superannuation fears regulatory strangle: ASFA

EMMA RAPAPORT  |  WEDNESDAY, 29 NOV 2017
... overreach and strangulation in red tape. This was the takeaway message from Association of Superannuation Funds of Australia (ASFA) independent chair Michael Easson in his opening address at this year's major conference in Sydney. Being careful not to ...

gigSuper reaches out to self-employed

EMMA RAPAPORT  |  WEDNESDAY, 22 NOV 2017
... building is going to be different to every other super fund in Australia." Speaking to Financial Standard earlier this year, ASFA chief executive Martin Fahy placed the impact of the changing nature of the workforce and how the industry will remain relevant ...

Super guarantee must be 12pct: ASFA

DARREN SNYDER  |  FRIDAY, 27 OCT 2017
... to be lifted to 12% as soon as possible because retirement balances are still nowhere near where they need to be. Latest ASFA analysis shows Australia's $2.3 trillion super system is delivering larger superannuation balances to both men and women, and ...

Untouched super sits at $18 billion: ATO

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
... accounts to the ATO rose to $6000, capturing around 100,000 additional super accounts with about $220 million inside of them. ASFA said the increased superannuation reporting requirements have also provided the ATO with greater information around super ...

Lower returns but higher balances for SMSFs

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2017
... up from $702,000 - to afford a comfortable retirement as defined by the Association of Superannuation Funds of Australia (ASFA) at $60,063 per annum. Underpinning the research, the median balance for a two-member SMSF at retirement grew from $1.124 million ...

The risk of under-insurance is real: ASFA

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
... death, TPD and income protection costs the government more than $1 billion annually in additional social security payments." ASFA analysis found that in the 2015-16 financial year, about 16,900 TPD benefit payments worth more than $1.7 billion were made ...

ASFA puts gig economy on the agenda

EMMA RAPAPORT  |  THURSDAY, 7 SEP 2017
... platforms to obtain work on a regular basis, or around 0.8% of the Australian workforce - and the numbers are set to grow. While ASFA chief executive Martin Fahy concedes the gig economy will provide workers with greater flexibility and will enable people ...

Pre-retirees risk significant shortfalls: MLC

EMMA RAPAPORT  |  TUESDAY, 29 AUG 2017
... retirement', according to research from MLC. More than half of those aged between 50 and 70 are on course to fall beneath the ASFA standard ($545,000 for a single, $640,000 for a couple who own their own home), while about half (43%) admitted to having ...

Advice at any age will enhance retirement: Sunsuper

EMMA RAPAPORT  |  TUESDAY, 22 AUG 2017
... helping raise the grandkids. Only 9% listed volunteering as their dream for retirement. At a media event earlier this year, ASFA chief executive Martin Fahy said he believes the definition of retirement needs to move away from recreation and pursue a ...