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Showing 51 - 60 of 383 results for "ISA"

Industry funds buoyed by unlisted assets

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
... $36,954 better off on average at the end of June 2021 compared to being a member of a retail fund or a self-managed super fund. ISA attributed the 63% of the outperformance to industry funds' appetite for unlisted physical assets and 37% to their not-for-profit ...

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... 2022, Industry Super Australia asked why neither major political party is committing to mandating super on parental leave. ISA calculates that in total women lost $1.86 billion in super contributions since the Commonwealth Paid Parental Leave scheme ...

Hume commits to 12% SG

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... the superannuation guarantee to the legislated 12%. Hume made the commitment while speaking at an Industry Super Australia (ISA) event with shadow minister for superannuation Stephen Jones. The rate is legislated to increase by 0.5% increments each year ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... that unpaid super is a significant issue, yet no one can agree on the exact figure. The ATO calculates $3.5 billion while ISA believes the figure to be $5 billion. "It's a big problem, whether it's $3 billion or $5 billion. It's a huge amount ...

ISA releases pre-election wish list

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
Industry Super Australia (ISA) has released a four-point plan to put members and their future economic security at the forefront of any debates over superannuation policy during the forthcoming election. Noting various discrepancies within the current ...

Industry super funds launch fresh campaign

JAMIE WILLIAMSON  |  FRIDAY, 10 DEC 2021
... million Australians are in an industry fund. The campaign will generate greater community awareness of industry super funds, ISA said, with independent research showing 80% of Australians already recognise the symbol. The research also shows that they ...

Super funds handed holdings disclosure win

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
... funds and their members at a disadvantage when the asset was sold - as buyers would know precisely where to pitch their bids." ISA said this would have robbed funds of the chance to sell assets at a premium. "ASFA has advocated that the holding valuation ...

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... egg, and that is going to limit how much they enjoy life in retirement - people should make sure they are with a good fund." ISA previously lobbied for the government to amend the YFYS package to only allow workers to be stapled to funds that passed ...

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... financial year, owed to about three million workers. On average, Australian workers lose about $1700 in superannuation each year, ISA said, amounting to $60,000 less in retirement. In the last six years, the unpaid super debt has climbed to $28.8 billion. ...

Government-run super would leave members worse off: ISA

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... returns during market downturns, leading to less money at retirement and more pressure on the Aged Pension to pick up the slack, ISA chief executive Bernie Dean, said. "This plan would funnel millions of Australian workers into an expensive and poor ...