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Showing 331 - 340 of 954 results for "ASFA"

Managing the three pillars of retirement

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
... for short-term spending and growth assets for the long-term. Using the Association of Superannuation Funds of Australia (ASFA) retirement standard of an approximate $550,000 nest egg corresponding to spending of $44,000 per annum, Teh said that retirees ...

Vamos returns as governance firm chief executive

ALEX BURKE  |  MONDAY, 10 JUL 2017
... investment agenda and be a sensible voice in representing the long-term investor," Vamos said. As above, Vamos was most recently ASFA's chief executive, a position she occupied from 2007 to 2016. She had previously been a director, financial services ...

Vamos joins Mercer board

EMMA RAPAPORT  |  THURSDAY, 6 JUL 2017
Former long-serving ASFA chief executive Pauline Vamos joined the board of Mercer's superannuation business as an independent non-executive director. Mercer Superannuation Australia board chair Jan Swinhoe welcomed Vamos to the board, noting that her ...

Looming super reforms benefit millions

JAMIE WILLIAMSON  |  FRIDAY, 23 JUN 2017
... estimates will be women. Providing a refund of contributions tax up to $500 to anyone earning less than $37,000 per annum, ASFA chief executive Martin Fahy said women can expect to receive about $260, on average. Fahy said this is considerable, given ...

Industry supports super threshold removal

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
... payments of the nation-wide compulsory 9.5% superannuation guarantee to employees earning beneath the threshold - to be removed. ASFA, which also supports to removal of the threshold, said the policy is affecting 220,000 Australian females and 145,000 ...

Super funds must do more digitally

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2017
... digital readiness in the superannuation market, presented by Decimal at an Association of Superannuation Funds of Australia (ASFA) event, show a reluctance of super funds to adopt enhanced digital capabilities. And it's putting member engagement and ...

Australians failing to act on increased retirement cost

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... global average of 50%. Keeping in mind that budgets assume retirees own their own home outright and are relatively healthy, ASFA estimates that couples aged around 65 need to spend $59,971 per year to live a comfortable retirement, while singles would ...

Vamos joins Decimal board

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
... Vamos joins as a non-executive director, bringing more than 25 years' financial services experience. She spent nine years as ASFA chief executive and has also previously served with ASIC as director, financial services regulation - licensing and business ...

Tax relief for merging super funds extended

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... significant barrier to fund mergers. "We are very pleased about the rollover relief for CGT for merging funds being extended," ASFA chief officer Martin Fahy said. "It is important in helping to support superannuation fund mergers, and what it means ...

Associations not sold on PC draft report

EMMA RAPAPORT  |  THURSDAY, 30 MAR 2017
... engagement in the system. "We need to be careful to protect against a race to the bottom and a pure focus on fees and costs," ASFA chief executive Martin Fahy said. The consultation period on the alternative default models closes on 28 April 2017.