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Showing 1 - 10 of 16 results for "Super Members Council"

Aware Super hires head of corporate development

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
... of Superannuation Trustees (AIST) in 2018. AIST has since merged with Industry Super Australia to create Super Members Council. Stevens' appointment follows that of Winnie Huen yesterday to the role of general manager, strategy and transformation. ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... is a crucial and long-overdue step in improving their financial security in retirement," Delahunty said. Super Members Council chief executive Misha Schubert said paying super on parental leave would benefit 180,000 Australian families each year. "The ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... man has around $107,700 in super. A 20% deposit on an $800,000 home is $160,000. In addition, modelling by Super Members Council found removing the cap on using super for housing would push capital city house prices up by $75,000. The Committee also ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
Super Members Council (SMC) has slammed the Coalition's plan for young Australians to use their super for a house deposit, saying new modelling shows it could cost taxpayers a cumulative $1 trillion. SMC said even a policy which capped super withdrawals ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... superannuation switching business models." The Australian Institute of Superannuation Trustees (AIST), which is now Super Members Council (SMC), has advocated for the banning of advice firms using third parties to solicit business via cold calling, and ...

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
The Super Members Council (SMC) has warned that encouraging young Australians to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings. "We all desperately want more Australians to ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
The Super Members Council (SMC) has slammed a proposal by Shadow Minister for Housing Michael Sukkar to allow Australians to access their superannuation to buy their first home. The Shadow Minister said the Coalition was determined to help younger Australians ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... equitable retirement future and go some way to address the gender super gap," she added. For its part, the Super Members Council said analysis shows the gender super gap is narrowing, however things are going backwards for women in their 30s. This is ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... $85 billion bill due to the COVID-era Early Release of Super scheme, according to a new analysis by the Super Members Council (SMC). Using the Superannuation, Pensions, and other Retirement OUTcomes (SPROUT) model, the SMC estimates the cumulative long-term ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
Representatives from the Super Members Council (SMC) met with assistant treasurer Stephen Jones to explore strategies for bolstering customer service. Industry super funds, in collaboration with the SMC, initiated a roundtable discussion last week with ...
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