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Showing 1 - 10 of 31 results for "Super Consumers Australia"

New initiative calculates how much Aussies need in retirement

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
Super Consumers Australia has launched a new consultation attempting to calculate exactly how much Australians need to retire in comfort. One of the findings of the Retirement Income Review was that retirees do not confidently spend their retirement ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... described the threshold as anything from inequitable to arbitrary and illogical. Commenting on the move, Super Consumers Australia director Xavier O'Halloran said: "Scrapping this dinosaur rule is a step towards making super fairer." He added that the ...

Advisers can step up to retirement planning boom

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... wealth, it is an understanding of client attitudes and beliefs that can be most valuable to advisers." Super Consumers Australia director Xavier O'Halloran said the passage of the Retirement Income Covenant legislation yesterday calls for stronger ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... definition of "days"," she said. Given that super funds will likely introduce new options to members, Super Consumers Australia director Xavier O'Halloran said this calls for stronger impartial, quality financial advice provided on retirement options. ...

Industry responds to heatmap findings

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... their insurance and retirement needs before making decisions based on APRA's heat map publications." Super Consumers Australia's director Xavier O'Halloran welcomed the spotlight APRA is shining on poor performance in the super sector. "We know that ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... superannuation. "This will benefit 300,000 low-income Australians of whom approximately 63% are women," he said. Super Consumers Australia director Xavier O'Halloran commented that the covenant will finally put the onus on funds to contemplate how ...

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... people are only stapled to the best funds that have passed the performance tests," Dean said. Meanwhile, Super Consumers Australia welcomes the stapling measure but is calling on the government to ban occupational exclusions from default life insurance ...

SCA slams five super funds' junk insurance

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
Super Consumers Australia is calling out several superannuation funds for maintaining junk insurance that embed restrictive disability tests. NGS Super, AMP, TelstraSuper, Prime Super and Spirit Super carry the most restrictive insurance policies compared ...

Why are YFYS test scores a secret?

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... confusion among members," ASFA chief executive Martin Fahy said in post-result comments. Meanwhile, Super Consumers Australia director Xavier O'Halloran said it did not matter if consumers knew by how much their funds passed or failed. "I think the ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
Super Consumers Australia has slammed super funds' member outcomes assessments (MOAs), finding several funds claiming to be acting in members' best interests even when fees are high and performance is lacklustre. Super Consumers Australia looked ...
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