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Showing 21 - 30 of 270 results for "Super Savings"

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI  |  WEDNESDAY, 4 JUN 2025
... viability of the superannuation tax, which will potentially see a 15% increase in taxes applied to the proportion of super savings exceeding the $3 million threshold. Canavan argued that the taxing of unrealised gains is incredibly unfair, and people ...

ART pinged by ASIC over misleading returns data

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... average performance of the option over the past 10 years was better than it was." The information was provided via the Super Savings Product Dashboard on the fund's website. As a result, the fund was handed an infringement notice to the tune of $18,780. ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... sense. It's a direct investment in their financial security, setting them up for the long term by boosting their super savings." Under the current settings, an apprentice earning $27,778 per year would reach their maximum LISTO entitlement early ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
... risk, supporting the economy by channeling savings into investments, it added. "Australia's $2 trillion pool of super savings in profit-to-member super funds has not only improved the lives of working people but also generated national prosperity," ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... including seeking out financial advice. "As women approach retirement, transitioning from a regular income to relying on super savings raises new questions and concerns - particularly as they deal with daily cost-of-living pressures and rising medical ...

AMP launching 'market first' digital advice solution for super members

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... and provide simple guidance and advice to help our members maximise the retirement income they generate from the super savings they've worked hard to build. We want to give our members greater control and financial confidence in retirement, and help ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... back against ASIC saying the regulator ignored the significant steps the sector has taken to effectively protect super savings. "ASIC's letter to superannuation trustees, released first to the media, seemingly ignores the super sector's proactive measures ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
... Super Members Council (SMC) shows close to one million older Australians are paying more in tax by leaving their super savings in accumulation products. The SMC said 700,000 Australians aged over 65 and no longer working full-time have yet to transition ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
Australians are being cheated out of $5.1 billion annually in superannuation, according to an analysis from the Super Members Council. SMC modelling showed that nearly three million people were denied $5.1 billion in superannuation entitlements in just ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... this year, which he said will automatically result in young people retiring with more than $20,000 in additional super savings.