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Showing 81 - 90 of 135 results for "Voluntary contribution"

SG freeze to hit young and low income earners hardest

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
... the increase to that levy, we actually keep more money in workers' pockets. But if people want to make a voluntary contribution to their super, then of course they can do that." He said the decision did not break his promise not to make any adverse changes ...

Could government issue its own annuities?

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
The government could play an active role in the creation of a functioning annuities and longevity insurance market, according to the Centre of Excellence in Population Ageing Research (CEPAR) in its submission to the Financial System Inquiry. While ...

Mercer launches retirement adequacy index

JAMES FERNYHOUGH  |  FRIDAY, 11 APR 2014
Mercer has launched a new tool that allows superannuation funds to measure whether their members are on track for a comfortable retirement. The Mercer Retirement Readiness Index (RRI) compares a members' projected retirement income against the ASFA ...

BNP Paribas enters EU with ASIC

LAURA MILLAN  |  WEDNESDAY, 29 JAN 2014
... Australian interest rate benchmarks upholds the integrity and reliability of those benchmarks. BNP will make a voluntary contribution of $1 million to fund independent financial literacy projects in Australia. The BBSW is the primary interest rate benchmark ...

Smartphone apps could increase super engagement

JAMES FERNYHOUGH  |  TUESDAY, 21 MAY 2013
Half of all members are not engaged with their superannuation, according to the latest research by CoreData. However, around 50% of younger members - and a third of all respondents - said they would be more engaged if their fund offered a smartphone ...

ASMA dismayed by proposed super hikes

MARK SMITH  |  THURSDAY, 4 APR 2013
DIY super investors could pull their entire savings portfolio if the government follows through on proposed super tax hikes, according to the Australian Self Managed Super Fund Members Association (ASMA). Yesterday Treasurer Wayne Swan confirmed that ...

New centre to lead advocacy for super fund members

LAURA MILLAN  |  MONDAY, 18 FEB 2013
... aggregate savings could be as high as $3.8 billion. In addition, if 2% more working Australians make a $5,000 voluntary contribution, that's an additional $1 billion towards super. The government can save, too. If half the country's population could ...

End voluntary contribution age limits: Suncorp

MARK SMITH  |  WEDNESDAY, 28 NOV 2012
The Australian superannuation industry must remove age restrictions on voluntary contributions, said Suncorp Life CEO Geoff Summerhays. The super boss says that age barriers to contributions discriminate against older people who want to remain active ...

Retirement adequacy hits post-GFC low: AMP

BEN COLLINS  |  THURSDAY, 27 SEP 2012
... Index began in 2006 - at 12.3% of salary compared to 12.6% as at 31 December 2006, mainly due to a fall in voluntary contribution rates, said AMP. "The Index shows salary sacrifice contributions have fallen across most age groups, particularly for older ...

Super contributions highest since GFC

BEN COLLINS  |  FRIDAY, 24 AUG 2012
Contributions to APRA regulated superannuation funds during the last financial year were at the highest level since the global financial crisis, said the Financial Services Council. The Financial Services Council's Bond Report, released yesterday, shows ...