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Showing 51 - 60 of 128 results for "Poorer"

Super funds encouraged to collect indigenous data

DARREN SNYDER  |  TUESDAY, 29 MAR 2016
... Australians. "Despite more than 25 years of compulsory superannuation, Aboriginal and Torres Strait Islander people have poorer superannuation outcomes than non-indigenous Australians - including significantly lower balances at retirement," Garcia said. ...

Actuaries Institute appoints new president

DARREN SNYDER  |  MONDAY, 8 FEB 2016
... banking and housing wealth. It expects this will build on its public policy work in 2015, which included the "For Richer, For Poorer" retirement incomes research launched by David Murray. "The Institute will also build on the substantial work of my predecessor ...

SMSFs hurt more than APRA funds in downturn

MARK SMITH  |  MONDAY, 30 NOV 2015
... partially due to seasonality of contribution in the June quarter, industry researcher Rainmaker said. It also indicates poorer relative returns for SMSF funds in the most recent quarter of negative returns in Australian equity markets. "The relative ...

ASFA supports SGC bill with increased ATO resources

DARREN SNYDER  |  THURSDAY, 15 OCT 2015
... are, arguably, overly harsh." "On the other hand, there is significant non-compliance with SG obligations contributing to poorer retirement outcomes for thousands of employees. It is obviously necessary to reach a balance between encouraging compliance ...

Super doing its job: Actuaries Institute

MARK SMITH  |  WEDNESDAY, 2 SEP 2015
... System Inquiry chair David Murray argues it must be removed from political intervention. The new paper, 'For Richer or Poorer', analyses for the first time the role superannuation plays for Australians in different age and wealth brackets as well as ...

Australia: which way now?

BENJAMIN ONG  |  WEDNESDAY, 19 AUG 2015
... into a 1.5% loss as at the close of trade yesterday. It was worse for those who bought on 27 April... they're now 10.8% poorer. We can blame this on China's slowdown and the volatility in its stock and currency markets. We can blame it on the fall and ...

Senate inquiry into gender retirement income gap launched

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
... typically disrupted to take time out to have children. This results in lower contributions, lower compound earnings and a poorer standard of retirement," Campo said. "Women are also severely disadvantaged by the current structure of super tax concessions. ...

Indigenous super on Canberra agenda

DARREN SNYDER  |  MONDAY, 17 AUG 2015
... Australian Governments (COAG). Working Group chair, Eva Scheerlinck, said Aboriginal and Torres Strait Islander people have poorer superannuation outcomes than non-indigenous Australians, including significantly lower balances at retirement. Scheerlinck ...

Demography must drive reform

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS  |  FRIDAY, 27 FEB 2015
... demography, in 2006, the UK Pensions Commission offered four options to: save more work longer pay higher taxes and, be poorer. Saving more is an option which superannuation is designed to maximise. This year, the Tax White Paper will investigate how ...

Consumers need super default safety net: ISA

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
... business banking with their super products and sell this to employers. This could result in employees being moved into a poorer performing bank-owned fund, leaving them with less money in their account upon retirement."