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Showing 51 - 60 of 110 results for "Super Members Council"

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 ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
Super Members Council (SMC) has submitted a paper in response to the Australian Securities and Investments Commission's (ASIC) discussion paper, outlining how superannuation investments in the private sector can drive long-term financial system stability ...

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
... congratulated Anthony Albanese and the Labor government for the overwhelming federal election win over the weekend. Super Members Council (SMC) said it is looking forward to working with the Albanese government to further strengthen the retirement of ...

Coalition's super on PPL plan 'deeply worrying'

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... 'Superannuation on Paid Parental Leave - parental choice' would be introduced to help boost the Budget's bottom line. Super Members Council (SMC) said the cash-out proposal undermines the policy intent of boosting the retirement savings of new mums. ...

Super lobbies welcome bipartisan support to fight financial abuse

ELIZA BAVIN  |  MONDAY, 28 APR 2025
... Amanda Rishworth promised to introduce new measures to target perpetrators of financial abuse last week. The Super Members Council (SMC) welcomed the Coalition's election commitment to eradicate financial abuse from the superannuation system. SMC wrote ...

Government to 'crack down further' on financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
... after death. Superannuation advocacy body's Association of Superannuation Funds of Australia (ASFA) and Super Members Council (SMC) welcomed the proposal. "For too long, perpetrators of family violence have been able to profit from their victims' death ...

New government must prioritise payday super: SMC

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
Super Members Council (SMC) is urging Australia's newly elected government to pass the payday super legislation as a matter of priority within its first 100 days in power. The council's analysis found that in 2021-22, about $5.1 billion of super went ...