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Showing 1 - 10 of 47 results for "SMC"

IFS recovers $226m in unpaid super

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
... currently sits close to $6 billion for 3.3 million Australians according to recent data shown by the Super Members Council (SMC). However, IFS believes the upcoming introduction of Payday Super - which comes into effect at the beginning of FY27 - will ...

Stop delaying Payday Super laws, says SMC

JAMIE WILLIAMSON  |  TUESDAY, 15 JUL 2025
With Australia's unpaid super bill growing by $110 million each week, a survey from Super Members Council (SMC) shows 70% of Aussies want to see the payday super laws implemented as scheduled. Payday super laws are slated to come into effect on 1 July ...

SMC backs principles-based approach to corporate governance

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
Super Members Council (SMC) has championed the flexibility of a principles-based approach to corporate governance as essential for effective oversight, risk management, and accountability, warning against a 'tick-the-box' approach in its submission ...

Middle Australia on track for 'comfortable retirement': ASFA

ANDREW MCKEAN  |  TUESDAY, 17 JUN 2025
... working people to have a comfortable retirement. It's a moment all Australians should be proud of." The Super Members Council (SMC) noted that about 10 million Australians will benefit from the increase in compulsory super contributions, with an extra ...

Super funds' private market assets grow to $400bn

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... the two-year period. In a submission to ASIC's recent public and private markets discussion paper, Super Members Council (SMC) said superannuation investments in the private sector can drive long-term financial system stability and prosperity for Australians. ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
Super Members Council (SMC) has submitted a paper in response to the Australian Securities and Investments Commission's (ASIC) discussion paper, outlining how superannuation investments in the private sector can drive long-term financial system stability ...

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
... Anthony Albanese and the Labor government for the overwhelming federal election win over the weekend. Super Members Council (SMC) said it is looking forward to working with the Albanese government to further strengthen the retirement of millions of Australians. ...

Coalition's super on PPL plan 'deeply worrying'

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... Paid Parental Leave - parental choice' would be introduced to help boost the Budget's bottom line. Super Members Council (SMC) said the cash-out proposal undermines the policy intent of boosting the retirement savings of new mums. SMC chief executive ...

Super lobbies welcome bipartisan support to fight financial abuse

ELIZA BAVIN  |  MONDAY, 28 APR 2025
... Rishworth promised to introduce new measures to target perpetrators of financial abuse last week. The Super Members Council (SMC) welcomed the Coalition's election commitment to eradicate financial abuse from the superannuation system. SMC wrote to all ...

Government to 'crack down further' on financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
... after death. Superannuation advocacy body's Association of Superannuation Funds of Australia (ASFA) and Super Members Council (SMC) welcomed the proposal. "For too long, perpetrators of family violence have been able to profit from their victims' death ...
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