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Showing 31 - 40 of 94 results for "Tom Garcia"

Regulators put super funds on notice

DARREN SNYDER  |  TUESDAY, 8 SEP 2015
... and how they transition from the accumulation phase," Fitzpatrick said. The comments came after AIST chief executive Tom Garcia opened the conference A calling for the federal government not to mandate retirement products. He expects the government will ...

Retirement income is not one-size-fits-all

DARREN SNYDER  |  THURSDAY, 3 SEP 2015
... more than $250,000 in super savings are encouraged to part-annuitise their retirement balance. AIST chief executive Tom Garcia said the research showed one scenario where a retiree was about $70,000 better off after 25 years in retirement by choosing ...

Government must not mandate products for super members: AIST

DARREN SNYDER  |  WEDNESDAY, 2 SEP 2015
Australian Institute of Superannuation Trustees chief executive Tom Garcia said the AIST supports more flexibility around retirement product development but the federal government should not be mandating particular products for super members. Opening ...

Super governance changes questioned

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
... generally questioned by Industry Super Australia, there are industry funds backing the proposals. AIST chief executive Tom Garcia said the changes were not supported by evidence showing it would lead to better outcomes for members of not-for-profit funds. ...

Senate inquiry into gender retirement income gap launched

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
... Earlier this year the Australian Institute of Superannuation Trustees (AIST) supported the inquiry. AIST chief executive Tom Garcia said the current Tax Inquiry needed to consider fairer distribution of tax concessions in superannuation to improve the ...

Industry fund advice on the rise

ALEX BURKE  |  MONDAY, 10 AUG 2015
... continued growth in the provision of member-focused advice expected in the coming years," Campo added. AIST chief executive Tom Garcia commented on the research, saying: "Not-for-profit funds are working hard to make sure that members have access to ...

Super decades away from maturity

DARREN SNYDER  |  MONDAY, 3 AUG 2015
... people on low to middle incomes to boost retirement incomes is an intended outcome of the system. AIST chief executive Tom Garcia said most people approaching retirement will draw an income that is a combination of both super and the Age Pension. "The ...

Super and pension work together

ALEX BURKE  |  MONDAY, 3 AUG 2015
... high balances) and ignore the role of the pension in retirement income. Commenting on the report, AIST chief executive Tom Garcia said that "The reality is that most Australians - including most of those starting out in the workforce today -"will not ...

Super groups call for women Senate review

DARREN SNYDER  |  THURSDAY, 30 JUL 2015
... at the problem of women's retirement savings. Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia believes the first step in addressing the super gender gap is creating a fairer taxation system. "The reality is, the system ...

Super board changes could cost funds $20m a year

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
... "How can these costs be justified when there is no evidence to support the need for any change?" AIST chief executive Tom Garcia asked. The AIST outlined its position against the proposed changes to the board structure for superannuation funds in a response ...