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Showing 1 - 10 of 979 results for %22Super guarantee%22

Mercer rolls out new corporate super plan

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
Mercer Super has launched a new corporate superannuation plan for employers of all sizes called Mercer Business Super. Mercer Super chief executive Tim Barber told Financial Standard that historically, Mercer Super Trust's "bread and butter" has been ...

TelstraSuper reduces admin fees

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... think that this move will provide a welcome boost to your retirement savings over the long term," TelstraSuper said. The super fund said this is the third time it had reduced its percentage-based admin fee in as many years. The dollar-based admin fee ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... throughout their first term of government, and now they want women to wait until after the next federal election to get super paid on it." Previously, minister for finance, women, and the public service Katy Gallagher explained that the delay was due ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... ringfencing part of individuals' superannuation for aged care, which is entirely appropriate - given the true objective of super." She added the phase out of RADs will also lead retirees to have greater confidence to draw down on their super in retirement. ...

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

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... threshold, currently $45,000 per annum," Blakey said. "And secondly, aligning the amount of the offset to the Super Guarantee, would help make a difference for the retirement savings of women and low-income earners across Australia." The Super Members ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... Paid Parental Leave (PPL) scheme will include Superannuation Guarantee contributions from next year. In a major win for the super industry and Australian women, 12% superannuation contributions will be made by the government alongside parental leave ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... $900,000, Rainmaker said. This, despite APRA data showing that only 3.3% of retirement age members in not-for-profit and retail super funds have more than $1 million in their super account. Almost half of the total have less than $100,000 in retirement ...

TelstraSuper sweetens parental leave policy

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
The superannuation fund is working to close the gender super gap among its employees, now paying the full-time Superannuation Guarantee to staff who return from parental leave on a part-time basis. As it stands, TelstraSuper offers 16 weeks' paid parental ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... low-income superannuation tax offset (LISTO) so that workers earning up to $45,000 receive a full tax refund on their super guarantee (SG) contributions can boost the super of more than 1.2 million Australians, of which 60% are women. "Since tax concessions ...

Super funds lack data for effective retirement assistance: Study

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
Super funds lack crucial data on members' retirement income certainty preferences, hindering effective retirement assistance and compliance with Retirement Income Covenant obligations, research by Capital Preferences and Challenger reveals. The survey ...
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