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Showing 21 - 30 of 88 results for "MPS"

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... with Labor MP Emma McBride taking the opportunity to hit the Coalition over the recent agitations of a number of government MPs toward the super system. The Labor party argued for a carve-out in the bill which would have allowed funds with cohorts of ...

Government extends FASEA deadlines

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2019
... this work and the engagement we have had with the government, along with the work our members have done visiting their local MPs, has been worthwhile. It is clear the government has listened," AFA chief executive Phil Kewin said. "The FASEA process has ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
... $50,000 a year, saying compulsory super had "made the unions, banks and insurers richer than ever". A dozen backbench Coalition MPs have called for a freeze in the superannuation guarantee, which is scheduled to rise from 9.5% to 12% by 2025.

Australian equity markets remain clean: ASIC

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
Australia is among the most efficient or "cleanest" equity markets compared with the rest of the world, according to a recent ASIC review. The review by ASIC found Australian equity markets continue to operate with "a high degree of integrity". Measuring ...

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
... the less well-off and everything to do with saving the Government money." The AIST boss also criticised "well-paid Coalition MPs" and pointed out their own superannuation contributions stood at 15.4%. Scheerlinck suggested those laying the groundwork ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
The Senate Economics Legislation Committee has recommended MPs waive the Government's member interests superannuation reforms through Parliament, almost untouched. Releasing the report into its inquiry of the Putting Members Interests First Bill (PMIF) ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... ISA deputy chief executive Matthew Linden said. ISA's comments come after The Australian reported up to seven Liberal MPs were urging the Government to stop the SG increase dead in its tracks, or consider winding it back for low-income workers. According ...

British MPs prod own pension fund

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... offload any fossil fuel investments held in the Parliamentary Contributory Pension Fund. More than 240 serving and former MPs have signed the 'Divest Parliament' pledge, calling on the fund's trustees to phase out investments in fossil fuel companies. ...

Chief economist update: So much Brexit uncertainty, so little time

BENJAMIN ONG  |  WEDNESDAY, 12 DEC 2018
... and delayed a vote on her Brexit deal because she would lose by a huge margin. Latest reports suggest the PM will return to MPs before 21-Jan for a vote (Guardian)." May's planning to meet with EU leaders in Brussels later this week (although I don't ...

IOOF expands managed accounts offering

KARREN VERGARA  |  FRIDAY, 12 OCT 2018
... offering to give advisers access to direct equities. Its managed discretionary account solution Managed Portfolio Service (MPS) will now include multi-asset models that combine direct equities with managed funds on its flagship platform, IOOF Pursuit ...