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Showing 41 - 50 of 94 results for "Tom Garcia"

Raising Preservation Age could be problematic

DARREN SNYDER  |  WEDNESDAY, 8 JUL 2015
... the needs of those unable to work to retirement." Australian Institute of Superannuation Trustees chief executive, Tom Garcia, said raising the age at which people can access their super could see the level of involuntary retirees blow out to more than ...

Super funds clash on board independence

DARREN SNYDER  |  FRIDAY, 26 JUN 2015
... driven two decades of strong returns for members. Australian Institute of Superannuation Trustees chief executive, Tom Garcia, said while it was good to see the government had recognised the value and importance of an equal representation system, there ...

Actuaries say super taxes need to be reviewed

DARREN SNYDER  |  WEDNESDAY, 10 JUN 2015
... current policy and which are confusing many workers and retirees." Australian Institute of Superannuation Trustees, Tom Garcia, said government financial support to retirement incomes was heavily weighted to high income earners and needed to be reviewed ...

Super concessions key to tax review

LAURA MILLAN  |  FRIDAY, 15 MAY 2015
... its income and reduce public expenditure. The Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia said: "There is plenty of evidence showing that the super tax concessions are poorly targeted and growing acceptance across ...

No new taxes on super welcomed

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... people retire on, particularly those on lower incomes." Australian Institute of Superannuation Trustees chief executive, Tom Garcia, said superannuation must be in the current Tax Review. Garcia also welcomed increased funding to the ATO which has an ...

Age pension kept at highest indexation rate

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... available indexation rate." This is supported by Australian Institute of Superannuation Trustees (AIST) chief executive, Tom Garcia. "The government's decision to retain the indexing of the Age Pension twice a year at the highest indexation recognises ...

Hockey launches Serious Financial Crime Taskforce

LAURA MILLAN  |  TUESDAY, 5 MAY 2015
... added. The Australian Institute of Superannuation Trustees (AIST) welcomed the Treasurer's announcement. Chief executive Tom Garcia said that "it's important that consumer protections are underpinned by a strong investigative body that will investigate ...

Bernie Ripoll to retire from federal politics

LAURA MILLAN  |  WEDNESDAY, 15 APR 2015
... contribution Australians using financial advisers have far greater protection against conflicted advice," AIST chief executive Tom Garcia said.

Changes to super tax needed: AIST

DARREN SNYDER  |  THURSDAY, 2 APR 2015
... in the accumulation and post-retirement phase, with a view towards a less-complex tax regime." AIST chief executive Tom Garcia said the submission would include examining "the current 15% tax on fund earnings, the 15% contributions tax, and the tax-free ...

Industry bodies respond to Hockey's tax debate

ALEX BURKE  |  MONDAY, 30 MAR 2015
... concessions to achieve a comfortable retirement, while minimising the draw on the Age Pension." AIST chief executive Tom Garcia also agreed with a superannuation concessions review, pointing to its recent research demonstrating disparities in how different ...