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Showing 51 - 60 of 116 results for "Super Members Council"

Treasury launches retirement phase consultations

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... consultation paper. The proposed framework is part of the Improving the retirement phase of superannuation package. Super Members Council (SMC) chief executive Misha Schubert commented that well-designed best practice principles and new transparency ...

Australian investment in venture capital lags: SMC

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
Super Members Council (SMC) has said with the right policy settings, Australia's $4.2 trillion superannuation system could jump-start productivity and generate stronger investment returns for members by better connecting capital with scientific minds ...

Rest calls for super performance test reforms

ELIZA BAVIN  |  TUESDAY, 29 JUL 2025
... advice, while maintaining strong consumer protections. The super fund said it also backs submissions made by Super Members Council of Australia (SMC) and the Association of Superannuation Funds of Australia (ASFA). "As noted by ASFA, Australia's super ...

IFS recovers $226m in unpaid super

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
... which currently sits close to $6 billion for 3.3 million Australians according to recent data shown by the Super Members Council (SMC). However, IFS believes the upcoming introduction of Payday Super - which comes into effect at the beginning of FY27 ...

Stop delaying Payday Super laws, says SMC

JAMIE WILLIAMSON  |  TUESDAY, 15 JUL 2025
With Australia's unpaid super bill growing by $110 million each week, a survey from Super Members Council (SMC) shows 70% of Aussies want to see the payday super laws implemented as scheduled. Payday super laws are slated to come into effect on 1 July ...

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... sector on the new standard, involving funds, insurers, administrators and other industry associations the Super Members Council, the Council of Australian Life Insurers and the Financial Services Council. Former chair of the Superannuation Complaints ...

SMC backs principles-based approach to corporate governance

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
Super Members Council (SMC) has championed the flexibility of a principles-based approach to corporate governance as essential for effective oversight, risk management, and accountability, warning against a 'tick-the-box' approach in its submission ...

Middle Australia on track for 'comfortable retirement': ASFA

ANDREW MCKEAN  |  TUESDAY, 17 JUN 2025
... working people to have a comfortable retirement. It's a moment all Australians should be proud of." The Super Members Council (SMC) noted that about 10 million Australians will benefit from the increase in compulsory super contributions, with an extra ...

Super funds' private market assets grow to $400bn

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... over the two-year period. In a submission to ASIC's recent public and private markets discussion paper, Super Members Council (SMC) said superannuation investments in the private sector can drive long-term financial system stability and prosperity for ...

Relaxed superannuation preservation rules will sink returns: Frontier

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
A Frontier report, commissioned by the Super Members Council, has argued that current preservation rules provide super funds with the flexibility to invest in unlisted assets, and warned that permanently relaxing these rules will decrease long-term ...