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Showing 41 - 50 of 1354 results for %22Association of Superannuation Funds Australia%22

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
To avoid disincentivising Australians saving more for retirement, the Financial Advice Association Australia (FAAA) urges the federal government to decrease the proposed 30% tax rate for superannuation balances that exceed $3 million. This is in response ...

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... members believing those who are self-employed should also be mandated to contribute. This is a headline result from the Association of Superannuation Funds of Australia (ASFA) 2023 Fund Member Survey and includes many individuals who considered themselves ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... impacting a disproportionate share of superannuation savings. Following the release of the consultation paper, the SMSF Association (SMSFA) expressed cautious optimism. SMSFA chief executive Peter Burgess said there are various items included in a member's ...

NGS Super suffers cyber-attack

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
... from APRA, ASIC and the ATO have also noted cybersecurity as an area of priority for the regulators. At the recent Association of Superannuation Funds of Australia annual conference, APRA general manager Katrina Ellis said APRA is concerned about the ...

The unique experience of a single woman

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... opportunities available to couples," Althaus explains. In general, women retire with 24% less super than men, something the Association of Superannuation Funds of Australia recently called on the government to urgently address. But it's not all doom ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... and international travel and accommodation (15.9%) were the top drivers of inflation, the latest figures from the Association of Superannuation Funds of Australia show. The ballooning cost of bread (13.4%), electricity (11.7%), household appliances (10.2%) ...

Gender super balance parity four decades away: ISA

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
... will ensure these women get the early contributions they need for a more financially secure future." Meanwhile, the Association of Superannuation Funds of Australia (ASFA) is calling on the government to commit to closing the retirement savings gender ...

Super fund advice needs more guardrails: Conference

KARREN VERGARA  |  MONDAY, 27 FEB 2023
... she had the consumer front of mind - not the banks, super funds or financial institutions. The Financial Planning Association of Australia chief executive Sarah Abood, who also sat on the panel, pointed to a straightforward example of advice - when a ...

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
At the annual Association of Superannuation Funds of Australia conference, financial services regulators detailed their top priorities, including cybersecurity threats and fraud in the super industry. At the ASFA conference, financial services regulators ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
... be able to get good personal advice from their fund," she said. Speaking to Financial Standard, Financial Planning Association of Australia (FPA) chief executive Sarah Abood highlighted the main concern raised by members since the release is around product ...