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Showing 31 - 40 of 72 results for "Objective of Super"

FSC analyses super, advice developments

ANDREW MCKEAN | MONDAY, 1 AUG 2022

The Financial Services Council (FSC) has examined the government's legislative agenda for super and given a policy update on the Quality of Advice Review. Firstly, following assistant treasurer and minister for financial services Stephen Jones' ...

Stephen Jones confirmed as financial services minister

CASSANDRA BALDINI | WEDNESDAY, 1 JUN 2022

... alleviate pressure on the age pension." The release further noted the government's commitment to enshrine the objective of super in legislation will protect the retirement of future generations.

SG increase to self-fund retirement

ANNABELLE DICKSON | WEDNESDAY, 23 JUN 2021

... increase with $562,000 at retirement while the average Tasmanian worker comes in last with $485,000. "The key objective of super is to provide dignity in retirement," ASFA deputy chief executive and chief policy officer Glen McCrea said. "It's clear ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR | THURSDAY, 9 APR 2020

As consumers saw their superannuation balances nosedive when the COVID-19 pandemic began wreaking havoc on the market, many were surprised to learn their retirement savings weren't quite as safe as they thought, reigniting the debate around 'balanced' ...

SG increase will hurt women: NFAW

ELIZA BAVIN | MONDAY, 24 FEB 2020

The National Foundation for Australian Women (NFAW) said increasing the super guarantee will hurt women and the age pension should remain a strong element of the retirement income system. In its submission to the Treasury the NFAW said the superannuation ...

Super needs a clear objective: Cooper

HARRISON WORLEY | THURSDAY, 21 FEB 2019

... retail funds, SMSFs - all together in a room and all agreeing that we need to proceed with implementing an objective of super. "But it fell down because the Government and Treasury would not commit to having adequacy as part of the objective."

Will the PC recommendations fall through the cracks?

KARREN VERGARA | WEDNESDAY, 23 JAN 2019

Nearly two weeks after the Productivity Commission unveiled its final report, has its push to overhaul the superannuation system fallen on deaf ears? Two legal experts discuss what could happen next. Following a three-year review that produced 31 recommendations ...

Increasing SG is not the answer: O'Dwyer

KARREN VERGARA | THURSDAY, 5 APR 2018

Federal Revenue and Financial Services Minister Kelly O'Dwyer has rebuffed the Labor Party's push to raise the superannuation guarantee (SG), pointing out several reasons why this is not the only answer to help boost retirement savings. O'Dwyer told ...

First home super scheme may not make it to parliament in 2018

EMMA RAPAPORT | TUESDAY, 8 AUG 2017

Bills to enact the First Home Super Savers Scheme, residential downsizing incentives, and a raft of additional superannuation and retirement policies announced following this years' Budget may not be introduced to Parliament before the end of the year. ...

Tax breaks delivered to first home buyers

EMMA RAPAPORT | TUESDAY, 9 MAY 2017

... cautious welcome to the measures, noting that the proposal represented a "massive shift in thinking around the objective of super" and would require "careful analysis as well as legislative change." "Super is designed as a long term investment for retirement ...

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BT appoints new head of strategy

KARREN VERGARA | 10:47AM

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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