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Showing 1 - 10 of 582 results for "Super members"

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 ...

Future Group changes fees for Guild members

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAY 2024
... turned its attention to its product offering, rolling out fee changes for GuildSuper, GuildPension, and Child Care Super members, effective this month. The dollar-based administration fee members pay is being decreased from $104 per annum to $88.40 per ...

Australian Retirement Trust wraps up AvSuper merger

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
Australian Retirement Trust (ART) has completed its merger with AvSuper after the two super funds formalised negotiations in February 2023. The $280 billion industry superannuation giant has gained 4800 new members and added $2.43 billion in funds under ...

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 ...

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
... loyalty fee discounts and investment fee rebates for members with less than $1000 in their account. For Cruelty Free Super members, Diversa has confirmed there will be no change to the ethical values of the product and the screens used will not change. ...

Spaceship Super to land somewhere new

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2024
... the decision has been made because they are "passionate about delivering strong member outcomes for all Spaceship Super members." The transfer is to take place on May 17, with Spaceship saying members will see immediate benefits in the form of reduced ...

UniSuper selects new group insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 APR 2024
After more than a decade in business, UniSuper has dropped TAL as its group insurer. The $135 billion superannuation fund has called time on its relationship with TAL, which began in November 2013. Effective June 1, MetLife will serve as group insurer ...

Mine Super cuts fees, updates investment options

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
... TWUSUPER. Effective May 20, the industry fund said administration fees will be lowered 25% from $52 to $39 per year for super members due to the upcoming merger which will "... build scale and spread our costs over a bigger membership base." The fund ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... benefit and support superannuation members, and support policymakers to make decisions that deliver good outcomes for super members," the Committee said. It also strongly believes that a legislated objective will serve as a guide for policymakers, the ...
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