ASIC reviews insurance in superannuation
The Australian Securities and Investments Commission (ASIC) has released a report on the provision of insurance cover through superannuation.
Tag: superannuation
Cutting red-tape for self-managed superannuation funds
The Government is cutting red tape and reducing the compliance burden for self-managed superannuation funds (SMSFs) that have a history of good record keeping and compliance.
Helping make your super work harder in retirement
The Government is progressing reforms announced in the 2018-19 Budget to secure the retirement incomes of Australians and improve their standard of living in retirement.
KPMG report predicts dramatic super fund rationalisation in next 10 years
The number of super funds in Australia will be halved in the coming decade – and the sector is already seeing a two-speed divide between larger and smaller funds, KPMG’s second annual ‘Super Insights Report’ shows.
Innovative lending to boost Victoria’s finance sector
Victoria has become home to Australia’s first purpose-built small to medium enterprise (SME) lender after financial services firm Judo Capital opened its national headquarters in Melbourne.
Consultation on Superannuation Taxation Integrity Measures
The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, released for public consultation draft legislation and a consultation paper entitled ‘Superannuation Taxation Integrity Measures’.
APRA proposes measures to strengthen superannuation member outcomes
The Australian Prudential Regulation Authority (APRA) has released a consultation package on measures aimed at assisting APRA-regulated superannuation licensees to be better positioned to deliver sound outcomes for their members.
Government to review rules for early release of superannuation
The Government has announced that Treasury will review the current rules governing early release of superannuation on grounds of severe financial hardship and compassionate grounds.
Almost $18 billion of super waiting to be claimed
The ATO announced its latest figures on lost and unclaimed superannuation accounts.
Review of default group insurance in superannuation
KPMG believes its report into the costs and benefits of default group insurance in superannuation will inform debate on this important public policy issue. The report was prepared at the request of Industry Super Australia and the Insurance in Superannuation Working Group (ISWG).
Government puts super members first
The Government has introduced a comprehensive package of reforms to Australia’s $2.3 trillion superannuation system squarely focused on protecting members’ money and interests.
Inequality stable since 2013-14
A report released by the Australian Bureau of Statistics (ABS) reveals that income and wealth inequality have remained stable since 2013-14.