Search ResultsShowing 1 - 10 of 100+ results for "ASFA"
Super fund warns self-employed of early release risks
ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
... has warned its members about the downside of accessing super early if they are left unemployed as a result of COVID-19. ASFA research shows that 20% of self-employed people have no super savings at all and retire with 50% less super than those who are ...
Grattan calls for lower super fees
HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... reduction in fees charged to super members would be more impactful than an uplift in the superannuation guarantee, and that ASFA's comfortable retirement standard was not suitable for most Australians. In its submission, the researcher said a reduction ...
Industry-made retirement models are self-serving: SCA
ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... recommendations. SCA said the set of budget standards that were set by the Association of Superannuation Funds Australia (ASFA) are not reliable and overstates how much a person needs for a comfortable retirement. "The reliance on the ASFA standards ...
Freedom Insurance appoints liquidators
KANIKA SOOD  |  MONDAY, 24 FEB 2020
... syndrome. In November, it hired as its chair Vamos, former chief executive of Association of Superannuation Funds of Australia (ASFA). In December that year, it cut its life insurance business after a Deloitte review said it could face a liquidity shortfall ...
AustralianSuper SG modelling paints dismal picture
KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... new starter and older member) at the current 9.5% SG and if it rises to the planned 12%. The comparison benchmark was the ASFA Retirement Standard, which set $545,000 as the lump sum required for a comfortable retirement. Of the four cameos, none would ...
Costs spiral for baby boomers
ALLY SELBY  |  TUESDAY, 18 FEB 2020
... comfortably, and they have the drought and rising house prices to blame. The Association of Superannuation Funds of Australia (ASFA) found that over the year to the December quarter, costs were up around 2.1% for retiree couples, compared to 1.8% for ...
NGS Super sets up impact committee
KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... Laura Wright said the idea was sparked at a Women In Super breakfast at Association of Superannuation Funds of Australia (ASFA) conference, where a speaker spoke on the topic. "About 20 of our staff were interested and from that we chose a committee ...
Fintech appoints former super fund chief
ALLY SELBY  |  THURSDAY, 23 JAN 2020
... partner of the UN Refugee Agency UNHCR, representing Australia. He is also a life member of superannuation industry body ASFA and the Fund Executives Association. Vonhoff brings a wealth of experience across retail banking, financial markets and investments ...
APRA releases MySuper heat map
HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... Association of Superannuation Funds of Australia chief executive Martin Fahy took a similar approach, and said that while ASFA supports measures designed to help trustees deliver better outcomes to members, the industry should be careful "not to jump ...
Don't over-interpret OECD super fee figures
HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... refer to the "fees charged by pension providers for the cost of running pension plans." In his maiden speech to the annual ASFA Conference earlier this month, Association of Superannuation Funds of Australia chief executive Martin Fahy noted the figures ...
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