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Showing 31 - 40 of 86 results for "SMC"

Super funds raise stakes in US investments to US$1.44tn

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... unprecedented investment will create tens of thousands of new, high-paying jobs for Americans," they said. The Super Members Council (SMC) confirmed the new figures, saying they "represent the latest estimates on the expected US investment pipeline for ...

Payday super laws introduced to parliament

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
... balance, this is the equivalent of receiving an extra $6000 in today's dollars," Chalmers said. 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. "The introduction ...

SMC calls for simplified retirement system

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
Super Members Council (SMC) has urged Treasury to simplify the retirement system, saying it is too complex. The comments come as a response to Treasury's consultation paper on best practice principles. SMC said it broadly supports the intent of ...

SMC calls for greater protections against financial abuse of older Australians

ANGELIQUE MINAS  |  MONDAY, 15 SEP 2025
... Authority (AFCA) consultation on Approaches to Family Violence and Financial Abuse of Older People, Super Members Council (SMC) is calling for greater safeguards for Australia's vulnerable, ageing population. The SMC submission highlighted how older ...

AustralianSuper executive joins SMC

MATTHEW WAI  |  TUESDAY, 26 AUG 2025
A former AustralianSuper executive has joined the Super Members Council (SMC) to strengthen its policy development for the superannuation sector. Nick Coates has commenced in the role of executive general manager policy reform and regulation. He was ...

Some Australians being taxed more on super than pay: SMC

ELIZA BAVIN  |  TUESDAY, 12 AUG 2025
New research by Super Members Council (SMC) found those on the lowest wealth rungs are not benefitting from super as those further up the ladder. SMC said this was due to less paid work due to disability, health or caring responsibilities; higher costs ...

Treasury launches retirement phase consultations

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... paper. The proposed framework is part of the Improving the retirement phase of superannuation package. Super Members Council (SMC) chief executive Misha Schubert commented that well-designed best practice principles and new transparency measures will ...

Australian investment in venture capital lags: SMC

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
Super Members Council (SMC) has said with the right policy settings, Australia's $4.2 trillion superannuation system could jump-start productivity and generate stronger investment returns for members by better connecting capital with scientific minds ...

Rest calls for super performance test reforms

ELIZA BAVIN  |  TUESDAY, 29 JUL 2025
... maintaining strong consumer protections. The super fund said it also backs submissions made by Super Members Council of Australia (SMC) and the Association of Superannuation Funds of Australia (ASFA). "As noted by ASFA, Australia's super system is a ...

IFS recovers $226m in unpaid super

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
... currently sits close to $6 billion for 3.3 million Australians according to recent data shown by the Super Members Council (SMC). However, IFS believes the upcoming introduction of Payday Super - which comes into effect at the beginning of FY27 - will ...