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Financial advice
Retirees will need to re-think their retirement plans as the Federal Government tweaked the Centrelink legislation relating to extending the current deeming rules to incl...
Financial advice
Delaying plans to increase the SG beyond 9.5 per cent until 2021 amounts to “wilful sabotage” of the super system, former Prime Minister, Paul Keating claims....
Financial advice
A centre-left think tank issued a report saying mandating independent directors on not-for-profit industry superannuation funds does not guarantee improved fund performan...
Financial advice
The FSC has ramped up its campaign to have the Government change the default fund selection regime....
Financial advice
Cormann warns that a consequence of rejecting the Government’s FOFA amendments could be industry funds being roped-in to opt-in and fee disclosure....
Financial advice
The ATO has reminded employers they will need to up their compulsory minimum superannuation payments on behalf of employees to 9.5 per cent from 1 July....
Financial advice
The Minister for Employment, Senator Eric Abetz, has acknowledged the possibility the FWC’s default fund processes might force some MySuper closures....
Financial advice
Specialist superannuation lawyer Noel Davis has argued the Government should consider legislating against lump sums and in favour of the taking of pensions....
Financial advice
AVCAL has welcomed the Government’s announcement it will be deferring implementation of the portfolio holdings disclosure regime for 12 months....
Financial advice
The Institute of Public Accountants has urged the removal of the work test for those aged over 65....
Financial advice
The Association of Superannuation Funds of Australia (ASFA) has welcomed the Federal Government’s announcement of an incentivised capital recycling model to invest in inf...
Financial advice
Industry Super Australia wants the Fair Work Commission to ignore the Abbott Government’s likely changes to the default funds under modern awards regime. ...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...