Industry Super Australia has told the Productivity Commission it is wrong to suggest that being defaulted into a poor performing fund is the biggest risk....
The Australian Taxation Office has hit back at erroneous assertions around the implementation of Single Touch Payroll arrangements in new employees’ super fund selection....
Broad agreement has emerged within the financial services industry that the Government’s Budget Super Saver Scheme will breach the sole purpose test....
The Australian Institute of Superannuation Trustees and Industry Super Australia have urged the Government not to waterdown the scaled advice rules just to suit the banks...
The under-performance of retail superannuation funds should be a big concern for forward-thinking policy makers, ISA believes....
Industry Super Australia has declared an interest in agriculture investment in the right circumstances and with the right changes being made....
Banks need to disclose the profit from compulsory super and the regulator needs to investigate the chronic underperformance of bank-owned super funds, ISA believes....
Industry Super Australia has issued a scathing assessment of retail fund performance, despite a stronger showing in April....
The Productivity Commission’s alternative super default models do not address the cross-selling of for-profit funds, ISA believes....
The Government needs to prioritise addressing the issue of unpaid superannuation in the Budget as it is costing it $100 million a year, according to ISA....
APRA has confirmed the directors of the industry funds-owned eligible rollover fund, AUSfund, were paid $225,000 in director’s fees last year, some of which found its way...
The Productivity Commission may have argued against making it a political battle, but Industry Super Australia and the Financial Services Council have dug in on opposing ...
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 ...