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Showing 331 - 340 of 468 results for "% Superannuation Guarantee"

Industry bodies clash over pension age

LAURA MILLAN  |  MONDAY, 25 NOV 2013
The Productivity Commission's suggestion to lift the age pension to 70 years old has received a mixed reaction from financial services industry bodies. The Financial Services Council (FSC) is in favour of raising the preservation age for superannuation ...

Nearly 50% of woman to suffer under LISC dumping

JAMES FERNYHOUGH  |  THURSDAY, 7 NOV 2013
Industry Super Australia (ISA) has ramped up its campaign to save the low income superannuation concession (LISC), saying scrapping Labor's plan will hurt almost one in two Australian women. The industry body also claimed that the repeal of the LISC ...

Govt confirms SG delay, kills LICS

MARK SMITH  |  FRIDAY, 25 OCT 2013
The Government has confirmed it will delay the increase in the compulsory superannuation contributions to 12% and that it will abolish the Lower Income Contribution Scheme. Details of the government's plan to stall the lift in the superannuation guarantee ...

MySuper authorisations creep up to 78

ALEX DUNNIN  |  FRIDAY, 18 OCT 2013
With three months to go until employers will be allowed to send superannuation guarantee contributions only to super funds that have been authorised to offer MySuper products, there are only 78 funds MySuper authorised. According to figures from the ...

Coalition to save $1.6bn via SG delay

AAP & ALICE URIBE  |  WEDNESDAY, 28 AUG 2013
The Coalition has confirmed that it will make $1.6 billion budget saving A by delaying the increase of the compulsory superannuation guarantee from 9% to 12%. After pressure from Labor shadow treasurer Joe Hockey released a seven-page document that ...

Whiteley and Brogden join forces to condemn CPA report

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
The "accord" between the Industry Super Network (ISN) and the Financial Services Council (FSC) has seen its first practical manifestation in a joint response to CPA Australia's report into the superannuation system. The strongly-worded response, penned ...

Too much super diverted to pay personal debt: CPA report

ALEX DUNNIN  |  MONDAY, 26 AUG 2013
Australia's superannuation policy is at risk of failing unless laws are introduced to quarantine savings for actual retirement income streams, warns CPA Australia in a major new report released to coincide with the 2013 federal election. Alex Malley ...

FPA wants schools to teach financial literacy

LAURA MILLAN  |  FRIDAY, 19 JUL 2013
Financial literacy should be taught in schools in order to improve Australian's knowledge of finance issues, the Financial Planning Association (FPA) has proposed. In a submission to the Australian Securities and Investments Commission (ASIC) National ...

Shorten maps out government super legacy

ALEX DUNNIN  |  TUESDAY, 18 JUN 2013
Bill Shorten, minister for Superannuation and Financial Services, has used a speech to a Financial Services Council (FSC) dinner at Parliament House in Canberra to assertively defend the government's reform record on superannuation. Shorten listed a ...

Shorten slams opposition's 'freeze-frame' super plans

MARK SMITH  |  THURSDAY, 30 MAY 2013
Financial Services and Superannuation Minister Bill Shorten has used the passing of the Tax and Superannuation Laws Amendment (2013 Measures No 1) Bill 2013 into the House of Representatives to slam the Opposition's plans to delay an increase in compulsory ...