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Showing 61 - 70 of 195 results for "Whiteley"

Super reforms to hurt retirees

ALEX BURKE  |  TUESDAY, 2 JUN 2015
... intended to hit higher income earners, the modelling shows that's not the effect over time," said ISA chief executive David Whiteley. He added, "if you reduce access to the pension, you need to increase private savings - and yet their previous plans ...

Australia's super pool now more than $2 trillion

DARREN SNYDER  |  THURSDAY, 21 MAY 2015
... higher than average returns to bank-owned funds over the last 11 years. Industry Super Australia chief executive, David Whiteley, said the 2% gap was a concern and bank-owned super funds "are a drag on member returns and national savings." "For most ...

Age pension kept at highest indexation rate

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... more in superannuation or a total balance of $610,000," she said. Industry Super Australia (ISA) chief executive, David Whiteley, said the 2015 budget did not deliver Australians certainty or a coherent retirement income policy. "It reinforces the need ...

ISA urges government to keep super safety net

ALEX BURKE  |  FRIDAY, 24 APR 2015
... These funds are selected in a merit-based process overseen by the Fair Work Commission," said ISA chief executive David Whiteley. "The FWC process puts competitive pressure on the super industry to deliver strong investment returns, provides a safety ...

Industry responds to Grattan report

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... Australia have responded to the latest Grattan report on superannuation fees. In a statement, ISA chief executive David Whiteley said the report served as further evidence of bank-owned super funds "dragging down" Australia's superannuation system. "Not ...

Bank super incentives 'unlawful': ISA

MARK SMITH  |  MONDAY, 23 MAR 2015
... and other incentives to employers in exchange for access to employees' superannuation," said ISA chief executive David Whiteley. "Yet there is no civil penalty for breach of section 68A of the Act to deter this behaviour. Furthermore, employees have ...

Hockey contemplates first home buyer access to super

LAURA MILLAN  |  MONDAY, 9 MAR 2015
... people's final benefits," ASFA chief executive Pauline Vamos said. Industry Super Australia (ISA) chief executive David Whiteley noted that "such proposals are completely at odds with the objective of encouraging Australians to build private savings ...

Law should stop banks "bundling" super: ISA

ALEX BURKE  |  MONDAY, 2 MAR 2015
... funds, which have on average historically produced lower net returns to their members," said ISA chief executive David Whiteley. ISA's argument is based on a UMR survey of 550 small and medium businesses, which revealed that 26% of employers had been ...

Consumers need super default safety net: ISA

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
... inquiry findings, bank-owned super funds are continuing a campaign to scrap the safety net," ISA chief executive David Whiteley said. Banks, he added, "want to bundle up business banking with their super products and sell this to employers. This could ...

Industry braces for majority independent directors

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... trade unions and some industry funds." However, Industry Super Australia opposed the change, with chief executive David Whiteley saying: "Industry super funds are carefully and scrupulously overseen by trustee boards made up of employer and employee ...