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Showing 51 - 60 of 72 results for "Objective of Super"

Act now to ensure super sustainability: Cooper

MARK SMITH  |  TUESDAY, 6 SEP 2016
BT Financial Group chief executive Brad Cooper has called on the government to raise the super guarantee to 12% and limit reviews of superannuation policy to once every five years. In a speech at a Trans-Tasman Business Circle event in Sydney's Barangaroo ...

'Constant tinkering' leaves Australians uncertain: MLC

KERRIE SYDEE  |  MONDAY, 22 AUG 2016
... saving for their retirement." MLC is advocating for the Objectives of Superannuation to be defined as: The objective of super is to provide dignity and independence in retirement in the following ways: Generating savings over a working life sufficient ...

Super industry bodies unite over adequacy

DARREN SNYDER  |  FRIDAY, 5 AUG 2016
... Four superannuation representative groups are uniting to lobby the federal government to alter the proposed objective of super so it includes the concept of retirement adequacy. In a letter to Minister for Revenue and Financial Services, Kelly O'Dwyer ...

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
The Government is committed to ensuring the super system is sustainable, flexible and has integrity. The objective of superannuation, as recommended by the Financial System Inquiry, is 'to provide income in retirement to substitute or supplement the ...

Australia joining global retirement focus: Challenger

DARREN SNYDER  |  FRIDAY, 20 MAY 2016
... mindset around its 2016 Budget. "It is 24 years since the superannuation guarantee was introduced and setting the objective of super is timely and a sign of the maturing of the superannuation system. Indeed it is a recognition that things have to change," ...

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
Going some way to form the federal government's superannuation budget agenda last night was Treasury's release of the Retirement Income Streams Review. Based on the review's seven recommendations the government has decided to remove tax barriers to ...

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
The Federal Government has made several budget announcements around its reaffirmation of enshrining the objective of superannuation in law, including taxing the earnings of Transition to Retirement Income Streams. A joint statement from Treasurer Scott ...

Challenger annuities march on

MARK SMITH  |  FRIDAY, 22 APR 2016
Challenger's annuity business has continued its charge with sales of $575 million in the quarter ending March 31. The figure represents a 29% on the same period last year and included strong growth in both term annuities (up 22%) and lifetime annuities ...

Is tapping into super to pay off student debt a good idea?

WHITNEY FITZSIMMONS  |  THURSDAY, 14 APR 2016
As the discussion about the 'objective of superannuation' continues it has now circled around to the issue of whether people should be allowed to tap into their super in order to pay-off current student debt or to pay for tertiary education which has ...

Pre-retirees understand super's objective

DARREN SNYDER  |  WEDNESDAY, 13 APR 2016
... supplement the Age Pension. Recently several groups have submitted to Treasury on what they believe should be the objective of super as defined by legislation.