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Showing 41 - 50 of 72 results for "Objective of Super"

Access to super for housing is still bad policy

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
Superannuation industry associations have once again come out strongly against a policy of allowing first home buyers early access to their superannuation to purchase a home. Following comments this week from Assistant Treasurer Michael Sukkar, who ...

UniSuper redefines comfortable retirement

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
UniSuper is advocating for the redefinition of 'comfortable retirement' saying that the current one-size-fits-all approach is not the most effective way to achieve optimal retirement outcomes. The industry fund, while remaining supportive of the plan ...

Home deposits unwelcome in super

DARREN SNYDER  |  THURSDAY, 23 FEB 2017
... struggling to fully deliver." Anthony also said the proposal is inconsistent with the federal government's objective of super, being "to provide income in retirement to substitute or supplement the age pension." The Australian Institute of Superannuation ...

Super must continue excellence path: O'Dwyer

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2017
The superannuation system must be the best it can possibly be to ensure that every Australian is confident in controlling their own destiny. That was the overarching theme of Minister for Revenue and Financial Services Kelly O'Dwyer's address to the ...

Senate committee files views on super objective

EMMA RAPAPORT  |  THURSDAY, 16 FEB 2017
Merits behind the Superannuation (Objective) Bill may soon be debated in the Senate, following a Senate Economics Legislation Committee report filed on Tuesday. Committee chair, Senator Jane Hume, told Financial Standard that after considering all positions ...

Shadow Treasurer slams governance bill

DARREN SNYDER  |  WEDNESDAY, 23 NOV 2016
Shadow Treasurer Chris Bowen believes a reintroduction of the super fund governance bill does not pass the commonsense test. Speaking at The Superannuation Opportunity conference in Canberra yesterday, Bowen slammed Kelly O'Dwyer's comments about super ...

Super 2.0 must deliver retirement certainty: FSC

KERRIE SYDEE  |  FRIDAY, 18 NOV 2016
... possible but I think we need to take the time to get it right. "Many people have said they would prefer to have no objective of super if it meant we got one that nobody agreed with considering the role that it will play not only in formulating public ...

Super funds should enforce corporate conduct: ASFA

ALEX BURKE  |  WEDNESDAY, 9 NOV 2016
It isn't "radical" for super funds to take an active role in corporate governance in listed companies, according to former Association of Superannuation Funds of Australia chair Jim Minto. Speaking at the 2016 ASFA Conference on the Gold Coast, Minto ...

Current super objective "un-Australian"

DARREN SNYDER  |  TUESDAY, 27 SEP 2016
... by four superannuation representative groups, attempts to lobby the federal government to alter the proposed objective of super so it includes the concept of retirement adequacy. "Do we really aspire to the simple view that as many people as possible ...

Government releases draft super reforms

ALEX BURKE  |  THURSDAY, 8 SEP 2016
The Turnbull government has released its first tranche of exposure draft legislation for proposed superannuation reforms. Describing the reforms as "fairer, more flexible and more sustainable," Treasurer Scott Morrison argued that "the majority of Australians" ...