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Showing 71 - 80 of 679 results for "Association of Superannuation Funds"

Super tax concessions to outstrip Age Pension by 2040: Report

KANIKA SOOD  |  MONDAY, 28 JUN 2021
... ASFA expects half of all Australians to be self-funded in their retirement by 2050," said Association of Superannuation Funds of Australia chief executive Martin Fahy said. Overall, the report said Australia's budget and economy outlook for the next ...

SG increase to self-fund retirement

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
The latest figures from the Association of Superannuation Funds of Australia (ASFA) show the Superannuation Guarantee increases will double the number of Aussies reaching a comfortable standard of retirement. As of July 1, the SG rate will rise from ...

Employers should pay SG rise: ASFA

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
The Association of Superannuation Funds of Australia (ASFA) showed businesses can afford to pay the increase of the Superannuation Guarantee without cutting the wages of employees. As of July 1, the SG rate will rise from 9.5% to 10% and ASFA argued ...

Super leaders recognised

ANNABELLE DICKSON  |  TUESDAY, 15 JUN 2021
... 20-year tenure. Farrugia held the Catholic Super role for 30 years and is a fellow of both the Association of Superannuation Funds of Australia and AIST. Meanwhile, Nancy Fox received a member of the order of Australia for significant service to the ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... increase flexibility for older Australians seeking to boost their superannuation savings," Association of Superannuation Funds deputy chief executive Glen McCrea said. In addition, the government has extended access to downsizer contributions by lowering ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... move that is sure to be welcomed by the Australian Institute of Superannuation Trustees, the Association of Superannuation Funds of Australia and Women in Super, who have all pushed for the threshold's removal as a means of reducing the gender super ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... years now, including the Australian Institute of Superannuation Trustees, Women in Super and Association of Superannuation Funds of Australia. "We want all Australians to get the most out of the superannuation system," Frydenberg said. "On average women ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... super as one of its budget initiatives, this is being referred to as the Downsizer Scheme. The Association of Superannuation Funds of Australia (ASFA) was quick to throw its weight behind this move. "The removal of the work test for contributions will ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
... of voluntary contributions that can be released under the FHSS from $30,000 to $50,000. The Association of Superannuation Funds of Australia welcomed the move, with deputy chief executive Glen McCrea saying: "Importantly, because of its focus on voluntary ...

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... said in a joint statement. Both changes were welcomed by Industry Super Australia and the Association of Superannuation Funds of Australia (ASFA). "Both changes in the proposed regulations released today need to be examined in further detail, but ISA ...