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Showing 31 - 40 of 341 results for %22ISA - Industry Super Australia%22

YFYS manipulation leaves members worse off: ISA

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
Industry Super Australia (ISA) says the Your Future, Your Super performance test results show many poor performing super funds, particularly retail, have gamed the system, leaving members worse off. "Dud super funds manipulate fees and reclassify investment ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... testing extended from 12 to 24 months. Further, access to the downsizer scheme will be expanded to those aged 55 to 59. However, ISA said the government did not take the necessary action to fix the average $4.7 billion a year in unpaid super like it ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... performance test aren't leaving, with new modelling showing just 10% have found a new fund. According to Industry Super Australia (ISA) analysis, only 10% of members switched out of the super funds that failed the performance test. However, 850,000 members ...

A strong super system cushions the economy: ISA

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
An Industry Super Australia (ISA) report has called the pool of national savings created by the super system a key strength of the Australian economy and the envy of the world. According to the report, in periods of economic uncertainty and market volatility ...

Will big super's unlisted investments amplify retirement savings?

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
Industry Super Australia (ISA) has said that industry super funds' exposure to unlisted assets could lead to its members having more than $130,000 extra at retirement. Today, industry funds have investments of over $1 trillion, including more than ...

AFA hits back at QAR submissions from Choice, ISA

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
... to "the next level, in terms of unfounded claims and inaccuracy." Turning to the submission from Industry Super Australia (ISA), the AFA said its submission had an obvious emphasis on industry funds and their provision of advice and guidance. Despite ...

Beware super home buyer collateral damage: ISA

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
... super home buyer proposal could leave thousands worse off, even if they don't access the scheme, Industry Super Australia (ISA) has said. ISA said that under the super home buyer scheme, funds would be forced to carry more cash. As cash is a lower performing ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... Although this idea is fallible to declines in Australia's already hyperinflated property market. Industry Super Australia (ISA) was another group to throw its hat into the ring to lambast the government's controversial housing policy. ISA chief executive ...

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... Australian retirement system and has the power to lift living standards while having a positive impact on the economy. An ISA statement said that Australians would strongly support the increases. The industry body also praised the strong bi-partisan ...

ATO slammed for failing to collect billions in unpaid super

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... on the loose laws and 'light touch' compliance that's costing working Australians billions in unpaid super. In a statement, ISA said: "The auditor has found the Australian Tax Office's (ATO) reluctance to 'proactively' investigated unpaid super claims ...