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Superannuation
As the Government opens the consultation on the proposed reduction of super tax concessions, the SMSF Association has flagged there may be ‘unintended consequences’....
Superannuation
Excessively generous’ tax breaks on superannuation should be wound back to improve Australia’s budget, according to Grattan Institute. ...
Superannuation
Treasury has today released a consultation paper exploring potential policy changes to the non-arm’s length income provisions where they relate to general expenses....
Superannuation
Superannuation trustees are “not meeting the mark” and should make “more strenuous efforts” to bolster engagement with members or risk heightened scrutiny regulators, acc...
Superannuation
Industry Super Australia has hit back against a proposed government-run superannuation fund after the debate was revived by Liberal senator, Andrew Bragg, earlier this ye...
Superannuation
In its submission on the covenant, KPMG has raised concerns for trustees relating to the difficulty in navigating the divide between general and personal financial produc...
Superannuation
Accountants and other industry participants have welcomed the closure of the loophole which allowed unscrupulous employers to count employees’ salary sacrifice contributi...
Superannuation
The Federal Government has been warned that there is scope for high balance holders to ‘game’ the fee cap applied to low balances....
Super Consumers Australia, currently working under the umbrella of consumer group Choice, has declared its plans to obtain permanent funding....
Superannuation
A major industry body has already urged the new Assistant Minister for Superannuation, Financial Services and Financial Technology, to commit to raising the superannuatio...
Post retirement
The Association of Superannuation Funds of Australia has urged the Senate to pass key legislation underpinning the development of post-retirement products....
Superannuation
The Productivity Commission has been accused of choosing a political decision on superannuation rather than member best interest....
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 ...