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Showing 351 - 360 of 468 results for "% Superannuation Guarantee"

Retirement adequacy hits post-GFC low: AMP

BEN COLLINS  |  THURSDAY, 27 SEP 2012
Declining contributions to superannuation have helped push AMP's retirement index to its lowest levels since the global financial crisis. The AMP Retirement Adequacy Index fell almost 2 percentage points to 69.4% while projected retirement savings fell ...

Former Ansett workers get $16m super payback

LINDA HAUSKEN  |  MONDAY, 2 JUL 2012
A decade after the collapse of Ansett, Australia's second largest airline at the time, former workers have finally been paid $16 million in super entitlements. Ten years ago the airline's 11,000 workers had their superannuation entitlements frozen after ...

Shorten demands clarity of stance on SG rise

MELANIE TIMBRELL  |  MONDAY, 26 MAR 2012
Minister for Financial Services Bill Shorten has hit back at the opposition leader's comments on the superannuation guarantee increase, asking for a clarification of position. Last week's passage of the minerals resource rent tax legislation with changes ...

FSC urges Senate to vote for SG rise

CLAIRE MCGREAL  |  MONDAY, 19 MAR 2012
The Financial Services Council is urging Senators to pass legislation to increase the superannuation guarantee, tabled for today, saying Australians would benefit to the tune of $184bn as a result. New research carried out by Rice Warner Actuaries for ...

Govt launch MRRT super site

ELISE BURGESS  |  MONDAY, 19 MAR 2012
The Gillard Government has launched a new website to show Australians how the new Minerals Resource Rent Tax package will improve their retirement savings. MoreSuper.gov.au was launched yesterday and provides a calculator for individuals to input their ...

New super bill enters parliament

ELISE BURGESS  |  FRIDAY, 2 MAR 2012
The Gillard Government has introduced the Tax and Superannuation Laws Amendment bill into parliament, which it said would create more flexibility and support for super contributions. The bill (2012 Measures No.1) details a number of proposed changes ...

Tax concessions focus of Super roundtable

MELANIE TIMBRELL  |  FRIDAY, 24 FEB 2012
Better information on tax concessions, the operation of superannuation post-retirement and improving super for women dominated the inaugural superannuation roundtable meeting yesterday. The administration of a $50,000 concessional cap for Australians ...

Adviser numbers to remain stable post FOFA: Rice Warner

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
Adviser numbers are set to remain steady post FOFA, with average adviser income expected to rise to $260,000 per year by 2026, according to the latest research from Rice Warner. The report, commissioned by the Industry Super Network, is the updated ...

GESB appoints new CEO ahead of reform

MELANIE TIMBRELL  |  TUESDAY, 31 JAN 2012
Former CEO of Westscheme Super Howard Rosario has been appointed chief executive officer of GESB. Rosario's appointment comes at a pivotal time for the $12 billion public sector employee fund with state superannuation reform due this year. Currently ...

Super assets soar with 17% annual growth rate

ELISE BURGESS  |  TUESDAY, 31 JAN 2012
Australian super assets have rocketed up 17% in annual growth rate in ten years to US$1.3 trillion, or the equivalent of 96% of Australia's GDP, according to the Towers Watson Global Pension Assets Study. Australia's solid result was attributed to its ...