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Search ResultsShowing 1 - 10 of 100+ results for "Industry Super Australia"
Labor, unions, industry funds seethe
ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The opposition party, Industry Super Australia (ISA) and unions have criticised the Retirement Income Review and say the super guarantee (SG) must rise. Labor leader Anthony Albanese said the government is looking for excuses to break its promises. ...
Treasury expected to release retirement review
KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... released to the industry for a consultation. Since its handing down on July 24, Labor MP Stephen Jones, Industry Super Australia (ISA), Association of Superannuation Funds of Australia (ASFA) and Business Council of Australia have panned the delay in ...
Australians drain $35bn from super
ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... advantage of the scheme in the first half of the year were very likely to access it again in the second half. Industry Super Australia (ISA) said data in September showed over 600,000 Australians have drained their retirement savings all together. Whilst ...
AustralianSuper dodges advertising scrutiny
KARREN VERGARA  |  FRIDAY, 6 NOV 2020
... expenses. Management and director remuneration amounted to $10 million, while marketing services paid to Industry Super Australia stood at $5.07 million. Additionally, the super fund was not transparent in providing the impact of adverse foreign-exchange ...
Wages will not rise from SG cut: ISA
ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
Industry Super Australia has hit out at arguments that wages will increase if the planned superannuation guarantee rise is delayed. ISA said the evidence that ditching the SG rise will not help wages can be seen from the last time it was cut in 2014. ...
ISA calls for super tax reform
ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
Industry Super Australia (ISA) has called for the stage two tax cuts to be matched by a change to the Low-Income Superannuation Tax Offset (LISTO) to help boost the retirement savings of women. ISA said this move could help add tens of thousands of ...
Super industry cautious on more reform
ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... practice or what the implications will be for competition, efficiency and incumbents in the sector." Industry Super Australia (ISA) expressed concern the government's "stapling" initiative could see members tied to underperforming funds for life. "Stapling ...
MySuper funds face new test, member bans
KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... will be "stapled" to member accounts to avoid mushrooming of duplicate accounts. This has been panned by Industry Super Australia in the past, which said it may encourage errant behavior from funds as they look to attract first-time super entrants, and ...
ERS extension flagged, criticised
ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Industry Super Australia (ISA) has called for the end of the government's Early Release of Super scheme after Senator Jane Hume signaled the possibility of a third tranche. The assistant minister for superannuation flagged the possibility last night ...
Super funds squander member money: Bragg
KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... unions for example, which are set to profit $31 million over a decade. He was particularly critical of Industry Super Australia spending $40 million last year on advertising. ISA told Financial Standard in the past that it has not increased its marketing ...
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