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Showing 1 - 10 of 99 results for "SMC"

Minister's proposal to avert tariffs 'ill-advised': SMC

MATTHEW WAI  |  TUESDAY, 6 OCT 2026
The Super Members Council (SMC) has rubbished minister for trade and tourism Don Farrell's suggestion to invest super member's savings in US meat-processing facilities to avert lamb tariffs. The comments follow One Nation's proposal offering Australians ...

Taxpayers to foot Age Pension if super turned into ATM: SMC

RIDDHIMA TALWANI  |  THURSDAY, 17 SEP 2026
New modelling by the Super Members Council (SMC) has shown One Nation's superannuation policy could leave taxpayers on the hook to pay up to double the amount taken out. One Nation is proposing to give Australians paying rent or a mortgage the choice ...

ART leads retirement product race, others wrestle with covenant

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2026
... take up in these products. Without that, you're not really making a difference," she said. The Super Members Council (SMC) found that only 6% of retirees currently use a lifetime income product, despite two-thirds of pre-retirees being aware of them. ...

Retiree super spending injects $121bn into Aussie economy

RIDDHIMA TALWANI  |  WEDNESDAY, 9 SEP 2026
... their superannuation in 2026, bolstering the Australian economy and supporting jobs. Commissioned by the Super Member Council (SMC) and conducted by ACIL Allen, the research surveyed around 2000 Australians aged 60 or over. New South Wales will see the ...

Industry, economist blasts One Nation's super agenda

RIDDHIMA TALWANI  |  TUESDAY, 8 SEP 2026
... people approving of cutting super to 9%, even if the remaining 3% is taken as wages. Modelling by the Super Members Council (SMC) showed a median full-time worker withdrawing 3% of contributions for three years would be $25,000 poorer by retirement. ...

SMC chair takes on more board duties

MATTHEW WAI  |  MONDAY, 31 AUG 2026
The inaugural chair of the Super Members Council (SMC) Ann Sherry has taken on another chair position at a government agency organisation, effective today. Sherry has joined the board of Housing Australia as chair, the government announced. In this ...

Industry reacts to Mulino's sweeping reforms

RIDDHIMA TALWANI  |  THURSDAY, 20 AUG 2026
... bonuses and volume-based payments, which Treasury said are features of sales-driven advice models. Super Members Council (SMC) chief executive Misha Schubert said the reforms expand Australians' access to advice via their own super fund, helping members ...

AI advice boom highlights urgent need for affordable advice: SMC

VINNY VUCAGO  |  THURSDAY, 13 AUG 2026
... many remain reluctant to rely on AI alone for major financial decisions. Research commissioned by the Super Member Council (SMC) found two thirds of Australians have either used AI for super and retirement information or would consider doing so, while ...

Super funds failing on death benefit comms: SCA

RIDDHIMA TALWANI  |  MONDAY, 10 AUG 2026
... success and sentiment. None reached the 80% benchmark considered as the best practice "green zone". The Super Members Council (SMC) had noted limitations on the research methodology, as the testers were not actually fund members, which meant a lot of ...

IFS recovers record $250m in unpaid super

RIDDHIMA TALWANI  |  FRIDAY, 7 AUG 2026
... making recovery services an important safeguard for members' retirement savings," Lister said. Super Members Council (SMC) analysis showed Australians missed out on $24.4 billion in unpaid superannuation in the five years to 2023. "This achievement ...
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