Superannuation
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Superannuation weathering the COVID-19 crisis
First 5000 | June 5, 2020Australia’s superannuation savings pool has withstood the COVID-19 financial crisis so far, falling just 0.3% in the 12 months to 30 April 2020, while bolstering cash reserves.
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Professional bodies to give advice regarding access to Super
First 5000 | April 15, 2020It will be easier for Australians to get assistance from professional accountants and financial planners in making decisions about their financial position in the face of the COVID-19 pandemic, after a decision handed down by ASIC yesterday.
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‘One stop shop’ for essential tax, super info on COVID-19 stimulus measures
First 5000 | March 26, 2020The Australian Taxation Office (ATO) has updated its website with essential information about tax and superannuation changes that have now become law following the passage of the Government’s Economic Support Package through the Parliament.
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Super funds call on govt to provide enhance income support
First 5000 | March 20, 2020The Australian Institute of Superannuation Trustees (AIST) has urged the Government to urgently consider a range of enhanced income support measures to help people experiencing financial hardship, as well as those likely to experience hardship in the near future.
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International Women’s Day a good time to consider your super
First 5000 | March 6, 2020Ahead of International Women’s Day (Sunday 8 March) the Australian Small Business and Family Enterprise Ombudsman Kate Carnell says the gender gap in superannuation needs to be addressed.
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Unpaid super crushing Qld workers’ retirement dreams
First 5000 | February 21, 2020Queensland workers are robbed of more than $1.1 billion a year crushing their retirement dreams, Industry Super Australia (ISA) analysis has found.
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Victorian workers to lose billions if the super increase is scrapped
First 5000 | January 20, 2020Victorian workers would lose $3.6 billion from their retirement savings a year if politicians ditch a promised increase to their super rate, new modelling reveals.
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AustralianSuper named Fund of the Year
First 5000 | November 22, 2019AustralianSuper has won Fund of the Year for the third time at the annual Rainmaker SelectingSuper Awards.
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Superannuation fees fall for the first time in six years
First 5000 | October 15, 2019Gross superannuation fees have fallen for the first time in six years, down to $32 billion, according to a study from Rainmaker Information.
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Women mobilise to ensure improved retirement outcomes
First 5000 | October 14, 2019A high-powered group of women and men are mobilising in a push to make sure that the pressing needs of women are not left out of the forth coming retirement income review.
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Government passes legislation to protect low balance and young superannuation members
Josh Frydenberg | September 26, 2019The retirement savings of Australians will be protected from inappropriate insurance with the passage of legislation through the Parliament last week.
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ATO unpaid super action welcome but 99 per cent of workers still short-changed
First 5000 | September 9, 2019Moves by the Australian Tax Office to go after those employers not paying their workers super are welcome but barely scratch the surface of the problem Industry Super Australia (ISA) says.
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Progress on Royal Commission welcome, but super priorities must not be forgotten
First 5000 | August 19, 2019Industry Super Australia (ISA) has welcomed the Morrison Government’s commitment to implementing the recommendations of the Hayne Royal Commission.
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How retirement wealth projections impact the behaviour of super fund members
First 5000 | August 16, 2019The ARC Centre of Excellence in Population Ageing Research (CEPAR) has released an industry report that investigates the impact of retirement income projections on superannuation contributions, investment choices and engagement from members.
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Time to make super payable on pay day for everyone: ISA
First 5000 | July 22, 2019Industry Super Australia (ISA) is calling for action on unpaid super with a new campaign calling for super to be paid on pay day – as it currently does for our federal politicians.
