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Showing 21 - 30 of 86 results for "SMC"

Trustees up sponsorship deals, Hostplus takes lead

KARREN VERGARA  |  MONDAY, 22 DEC 2025
... Association and Australian Private Hospitals Association. Among the industry bodies and associations, the Super Members Council (SMC) received the second-biggest payment of $906,000 from Hostplus, followed by Prime Super's payment to the Recruitment ...

Super tax receipts to increase by $10.9bn

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
... superannuation contributions (from higher wages) and tax from investment earnings." In response, the Super Members Council (SMC) urged the government to rethink its decision to push the bill for Compensation Scheme of Last Resort (CSLR) costs onto Australians ...

ASIC welcomes support for simplifying guidance on conflicts of interest

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
... of Superannuation Funds of Australia (ASFA), the Financial Advice Association Australia (FAAA), the Super Members Council (SMC), and more. ASIC said it received "broad support" from industry groups and other interested parties to execute the changes ...

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
... consultation arising from that discussion paper that that will be one of the issues that we'll consider." Super Members Council (SMC) spoke out against the decision to force the super sector to help foot the multi-million-dollar CSLR bill. It said ...

'Outdated' law gating teenagers from thousands of dollars in super: Industry

MATTHEW WAI  |  THURSDAY, 11 DEC 2025
... for one employer, as it was invented to prevent fees eroding low-balance super accounts, a reason the Super Members Council (SMC) said "no longer stacks up". According to its analysis, scrapping the 30-hour threshold would make super fairer and help ...

APRA-regulated funds should not pay CSLR special levy: SMC

MATTHEW WAI  |  MONDAY, 24 NOV 2025
The Super Members Council (SMC) is urging the government to carve out APRA-regulated super trustees' responsibility in the FY27 Compensation Scheme of Last Resort (CSLR) special levy, claiming that it will be a "clear breach" of the scheme's principle ...

SMC makes recommendations to safeguard super

ELIZA BAVIN  |  MONDAY, 17 NOV 2025
Super Members Council (SMC) has called for stronger protections to prevent consumer harm from high-risk super switching. The call comes as the corporate regulator continues to launch legal action against those involved in the collapses of Shield and ...

Unclaimed super pot hits $19bn: ATO

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
... Treasurer Jim Chalmers saying they would help stop "disreputable" employers from exploiting employees. The Super Members Council (SMC) said the law will be a gamechanger in tackling unpaid super which now costs Australian workers $5.7 billion a year. ...

Retirees could be out up to $136k: SMC

ANGELIQUE MINAS  |  THURSDAY, 30 OCT 2025
A report by the Super Members Council (SMC) suggests the complex retirement system in Australia could be costing retirees up to $136,000. The modelling underscores the long-awaited need for financial advice reforms, and simpler, smarter pathways to ...

Government's rush to implement Payday Super is 'reckless': Coalition

MATTHEW WAI  |  WEDNESDAY, 29 OCT 2025
... while suggesting legislating protections for those who have made "good faith" efforts to comply. The Super Members Council (SMC) is urging the swift passage of the bill, claiming that any delay costs workers $110 million a week in unpaid retirement savings. ...