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Showing 361 - 370 of 468 results for "% Superannuation Guarantee"

SuperStream compliance poses threat to funds

ELISE BURGESS  |  WEDNESDAY, 25 JAN 2012
Superannuation funds need to start dealing with the impending issues coming their way as SuperStream comes into effect, the head of Towers Watson has warned, with default member definitions under MySuper also posing concerns. Since January 1, under ...

Government confirms super guarantee age limit abolished

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
The move to scrap the superannuation guarantee age limit will give Australians an incentive to remain in the workforce for longer, according to the Government. Superannuation Minister Bill Shorten has confirmed that the amendment to abolish the age ...

SG rise through House of Representatives

CLAIRE MCGREAL  |  WEDNESDAY, 23 NOV 2011
Leading superannuation bodies have welcomed the passage of the mining tax package through the lower House, which paves the way for the Superannuation Guarantee hike from 9 to 12 %. The 30 % tax on coal and iron ore profits, which successfully made it ...

Abbott: Coalition will not vote for SG but won't rescind it

RACHEL DAVIS  |  FRIDAY, 18 NOV 2011
Opposition leader, Tony Abbott, has made his position clear on the proposed rise in the superannuation guarantee to 12%. Abbott confirmed this morning at a Financial Services Council (FSC) breakfast in Sydney, that while his party will not vote in support ...

Shorten rallies the troop to vote in favour of SG hike

CLAIRE MCGREAL  |  FRIDAY, 11 NOV 2011
Financial services minister Bill Shorten has praised all sectors of the superannuation industry for their willingness to "negotiate and compromise" on reform, despite their traditional differences. In an impassioned speech to ASFA delegates, the assistant ...

MySuper legislation introduced

ELISE BURGESS  |  FRIDAY, 4 NOV 2011
The superannuation system revamp continues with the introduction of legislation that will pave the way for MySuper. The Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011 proposes the introduction of MySuper, a low-cost default ...

SG Bill enters parliament with strong support

ELISE BURGESS  |  WEDNESDAY, 2 NOV 2011
The Superannuation Guarantee (Administration) Amendment Bill has entered the House of Representatives today with the support of associations and government, with Minister Shorten introducing the abolishment of the age limit. In addition to increasing ...

State Street expands Australian global markets team

CLAIRE MCGREAL  |  TUESDAY, 1 NOV 2011
State Street Corporation is continuing to expand in Australia and New Zealand with two new senior appointments to its Australian global markets team. Sinclair Scholfield will head up the financial services provider's securities finance business, while ...

ASFA gets behind phoenix reforms

RACHEL DAVIS  |  MONDAY, 31 OCT 2011
The Association of Superannuation Funds of Australia has welcomed proposed legislation to hold directors of phoenix companies liable for any unpaid superannuation entitlements. On 13 October 2011, the Government presented a bill aimed at amending the ...

Eaton Vance launches first Australian domiciled fund

CLAIRE MCGREAL  |  TUESDAY, 25 OCT 2011
The international arm of US investment management firm Eaton Vance has entered the Australian market with the launch of its first domiciled fund for institutional investors. The Eaton Vance International (Australia) Senior Loan Fund will be a wholesale ...