Search ResultsShowing 1 - 10 of 100+ results for "Superannuation Guarantee"
FSC hails super choice amendments
HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... accounts. This erodes their capacity to maximise their super savings." The bill reintroduces changes to the Superannuation Guarantee (Administration) Act 1992 which were originally sought in 2017 through the Treasury Laws Amendments (Improving Accountability ...
Super funds set to dominate ASX: Deloitte
HARRISON WORLEY  |  WEDNESDAY, 27 NOV 2019
... retirement saving system grow to around $10.2 trillion in value by 2038, with the legislated increase in the superannuation guarantee set to play a major part. According to Deloitte, the 275% growth in Australia's super savings will see the sector's ...
Flaws in Grattan SG research: Report
KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
Research published this morning by Jim Stanford from the Australia Institute says increasing the superannuation guarantee to 12% will not stifle future wage growth, and calls out assumptions used in Grattan's research on the subject. Stanford reviewed ...
Industry fund changes insurer
KANIKA SOOD  |  FRIDAY, 8 NOV 2019
... covered for 85% of their pre-disability income. The fund has set the default premium at 1.76% of the superannuation guarantee contribution. In a new addition, NESS has extended income protection insurance to self-employed electricians. The premium is ...
Actuaries develop retiree rule of thumb
HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... retirement." In the face of these difficulties, Fahy said it was imperative for Australia to increase the superannuation guarantee to 12%. "Moving to 12% for the Superannuation Guarantee is a necessity for those not yet retired given that many Australians ...
Australia climbs up Mercer global pension index
HARRISON WORLEY  |  MONDAY, 21 OCT 2019
... need to be addressed, including introducing some income requirements at retirement and increasing the Superannuation Guarantee from 9.5% to 12% as currently legislated. The report's author, Mercer's David Knox, noted the flexibility afforded to Australians ...
Women overlooked by retirement income review
HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... working reality of women and not the traditional male experience. Arguments in favour of freezing the Superannuation Guarantee at the current rate were a case in point, according to Scheerlinck, adding that the argument was based on modelling which assumes ...
Spotlight on super welcomed
HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... Australia, welcomed the government's decision to maximise the system's efficiency before the superannuation guarantee was increased to 12% as legislated. "We welcome the opportunity to work with the government to maximise the efficiency of the ...
SG increase will not help women: Treasury
KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... Forty percent of single women are estimated to retire in poverty, but Treasury think increasing the superannuation guarantee won't do much for women's lower superannuation balances. February documents released by the Treasury under freedom of information ...
Treasury agreed with Grattan SG modelling
KANIKA SOOD  |  TUESDAY, 24 SEP 2019
Grattan's report arguing Aussies retire with enough and government should scrap increasing the superannuation guarantee to 12% was "broadly consistent" with Treasury's own modelling, staff emails show. In November, Grattan said most workers ...
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