|Search Results||Showing 1 - 10 of 100+ results for "ASFA"|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
While there may be uncertainty surrounding the economic implications of the spreading COVID-19 pandemic, one thing is clear; if business leaders are not consistent, empathetic and clear with their response, they should prepare to face the music.
The government's $213 billion stimulus package is set to push up the country's total debt but experts say it is not reason enough to draw down on the sovereign wealth fund.
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|