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Showing 1 - 10 of 37 results for "Super Members Council"

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA | FRIDAY, 6 DEC 2024

... can claim death benefits and continue to commit financial abuse even after the death of a victim-survivor. Super Members Council chief executive Misha Schubert commented: "The sector is united in calling for reform and sending a clear message that abuse ...

Objective of super enshrined in law

JAMIE WILLIAMSON | FRIDAY, 29 NOV 2024

... recommended by the Financial Systems Inquiry in 2014 and reinforced in the Retirement Income Review of 2020. Super Members Council chief executive Misha Schubert welcomed the bill's passage, adding that it's appropriate that the wording of the objective ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON | WEDNESDAY, 20 NOV 2024

... delayed payments. Over the last nine years, Australians have missed out on $41.6 billion in unpaid super, the Super Members Council said.

Lack of action on menopause driving gender inequity

JAMIE WILLIAMSON | MONDAY, 18 NOV 2024

... significantly behind. In 2023, modelling by the Australian Institute of Superannuation Trustees - now part of Super Members Council - estimated menopause is costing Australian women about $17 billion in lost earnings and retirement savings. Further ...

Super lobbies call for death benefit reforms

ELIZA BAVIN | THURSDAY, 14 NOV 2024

The chief executives of the Super Members Council (SMC) and the Association of Superannuation Funds of Australia (ASFA) have told the senate economics committee that Australians deserve better outcomes from their super funds, but said reforms are needed. ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI | TUESDAY, 12 NOV 2024

New modelling from the Super Members Council (SMC) finds most teenagers will miss out on an additional $10,000 at retirement simply because they're not entitled to superannuation contributions. The lobby group's Guaranteeing a Super Start to Work report ...

Super Members Council names deputy chief

JAMIE WILLIAMSON | MONDAY, 14 OCT 2024

Following a promotion, Georgia Brumby is now deputy chief executive of Super Members Council (SMC). Brumby has been appointed to the role with immediate effect. She has served as executive general manager, advocacy since SMC's creation in October last ...

Super for housing debate heats up

ANDREW MCKEAN | MONDAY, 23 SEP 2024

... housing without increasing demand... and this isn't it," Jones said. The report by Eslake, commissioned by the Super Members Council, said there is nearly six decades of evidence showing that when housing demand exceeds supply, policies that enable people ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN | THURSDAY, 19 SEP 2024

... Budget, according to a Corinna Economic Advisory report by Saul Eslake. In the report commissioned by the Super Members Council (SMC), Eslake said that decades of evidence clearly show that when housing demand outstrips supply, policies which have allowed ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON | THURSDAY, 19 SEP 2024

... was to be equivalent to the value of their super entitlement. Its attempts were met with criticism, with Super Members Council saying allowing superannuation to become optional undermined the policy's intent altogether, being to boost the super balances ...

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Funds SA appoints chief investment officer

ANDREW MCKEAN

Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025.

Australian Retirement Trust appoints new chief risk officer

ANDREW MCKEAN

Australian Retirement Trust (ART) has appointed a new chief risk officer that's set to start in March 2025.

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON

UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year.

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA

Lax superannuation laws make it too easy for perpetrators of domestic violence to access victims' retirement savings, while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found.

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Kellie Wood

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Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.

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