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Showing 1 - 10 of 14 results for "Industry Super Australia Chief Executive David Whiteley"

Super assets hit $2.3 trillion

KARREN VERGARA  |  THURSDAY, 25 MAY 2017
Superannuation assets including MySuper reported double-digit growth in the 12 months to March, according to quarterly figures from APRA. While total superannuation assets grew to $2.3 trillion, up 11.2% on the prior year, MySuper assets (part of the ...

Infrastructure receives $75 billion boost

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
The Federal Government is looking to the private sector to help deliver "more innovative ways" to boost infrastructure funding. Delivering the 2017 Federal Budget, Treasurer Scott Morrison said the Government is expanding into equity and debt financing ...

Unconscionable super cross-selling will continue: ISA

KARREN VERGARA  |  THURSDAY, 20 APR 2017
The Sedgwick Review failed to address some of the "unconscionable" remuneration practices undertaken by banks to cross-sell superannuation products and nothing is being done to curb this, Industry Super Australia says. In response to the independent ...

PC to deliver Super 2.0: FSC

ALEX BURKE  |  MONDAY, 14 NOV 2016
FSC chief executive Sally Loane said the Productivity Commission review into the super system should deliver the "next generation of superannuation." Speaking at the 2016 Association of Superannuation Funds of Australia Conference, Loane said she meant ...

$500,000 non-concessional cap scratched

DARREN SNYDER  |  THURSDAY, 15 SEP 2016
The Federal Government has reworked its 2016 Budget measures on superannuation to drop the $500,000 lifetime non-concessional cap and alter several other policies. Treasurer Scott Morrison announced the changes this morning and said the government will ...

Industry funds extend winning streak

MARK SMITH  |  WEDNESDAY, 24 AUG 2016
Industry super funds outperformed retail super funds by 2.7% in the 12 months to 30 June, the latest statistics from APRA reveal. The average industry fund returned 4% over the period versus 1.3% from the average retail fund. The numbers contribute ...

Gender super gap widest for women at lower income levels

WHITNEY FITZSIMMONS  |  TUESDAY, 5 APR 2016
New data from the Australian Taxation Office (ATO) shows the retirement savings gender gap is highest for women who work part-time and are in the bottom two tax brackets. The gap in super savings is most severe for females on lower taxable incomes ...

FSC salutes choice reforms, ISA calls for more transparency

ALEX BURKE  |  FRIDAY, 18 MAR 2016
The Financial Services Council has applauded new legislation to widen default superannuation fund choice, while Industry Super Australia has said more MySuper fund transparency is required. FSC chief executive Sally Loane supported the Superannuation ...

New super transparency rules spark controversy

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
ASIC's updated fee and cost disclosure requirements for superannuation funds have sparked controversy among industry stakeholders. The regulator released Regulatory Guide 97 Disclosing fees and costs in PDSs and periodic statements, which includes a ...

Labor questions APRA independence

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
The independence and role of Australia's financial regulator is under the spotlight after one of its senior officials briefed crossbench senators on proposed superannuation trustee legislation. Australian Prudential Regulation Authority (APRA) member ...
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