BANK-OWNED SUPER FUNDS’ UNDERPERFORMANCE A DRAG ON AUSTRALIA’S SUPER SYSTEM
SuperRatings’ monthly data has once again demonstrated better long term average returns delivered by industry super funds to their members over three, five, seven and ten year periods to 31 March 2015...
View ArticleBI-PARTISAN AGREEMENT NEEDED ON SUPER TAX CONCESSIONS
There is now an emerging consensus that superannuation tax concessions need to be more efficient and better targeted to deliver a sustainable and fair super system. The announcement by the Labor Party...
View ArticleScrapping super safety net would snare employers in $1.8 billion red tape tangle
A majority of employers are concerned at the red tape cost of being forced to select a workplace super fund for employees from an unranked list of 120 MySuper funds. New research estimates the cost to...
View ArticleRESEARCH HIGHLIGHTS PUBLIC’S DESIRE FOR PENSION AND SUPERANNUATION CERTAINTY
New research commissioned by Industry Super Australia has found that almost half of Australians aged over 50 believe they will need to rely on the age pension in retirement. “Nearly 50% of Australians...
View Article2015 Budget places middle Australia’s retirement plans in jeopardy
The 2015 Budget decision to tighten access to the age pension will potentially leave millions of Australians on middle incomes thousands a year worse off unless there is an increase in the Super...
View ArticleLong Term APRA Analysis Reveals Australia’s Retirement Savings Drained by...
New APRA data released today has confirmed average annual returns to industry super funds in the not-for-profit sector have been around 2% higher than average returns to bank-owned funds over the last...
View ArticleNew Analysis Indicates Pension Changes To Hit Middle Australia Hardest
New analysis of the federal government’s proposed changes to the pension shows those on average incomes or below will suffer the heaviest impact to their retirement income, with many estimated to lose...
View ArticleTAX REVIEW: COMFORTABLE RETIREMENT WILL BE OUT OF REACH FOR 50% OF...
New research shows almost half the population retiring in the years through to 2055 will not have enough income to achieve a comfortable retirement, unless current policies are overhauled. Modelling by...
View ArticleFinancial adviser register needs beefing up to restore consumer confidence
Industry Super Australia (ISA) welcomed the further enhancements launched yesterday to the Government’s register for financial advisers but reiterated concerns that the register should be strengthened...
View ArticleIndustry Super Australia appoints new chief economist
Industry Super Australia (ISA) welcomes the appointment of Stephen Anthony as Chief Economist, enhancing ISA’s capacity to develop and advocate sound public policy in the best interests of Industry...
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