#Super Fund
Comments from new ASIC chair should prompt government to ditch super reforms, ISA claims
Comments made by the incoming chair of Australian Securities and Investment Commission (ASIC) indicating financial institutions have forgotten whose money they are investing should prompt Federal Government to rethink its super fund governance reforms, argues the Industry Super Australia (ISA). This week, Financial Services Minister Kelly O’Dwyer recommended that James Shipton, a former Goldman Sachs […]
What you need to know about changes to superannuation (part 3)
In the last of our three-part series covering the upcoming superannuation legislation changes, we cover the new MySuper default fund and the new director’s responsibilities.
Topping up your super? Take care to avoid a tax bill
According to the Tax Institute’s Robert Jeremenko, it’s in every business owners interests to stay up to speed on superannuation changes. “Many people consider contributing greater amounts into superannuation before the end of the financial year to get the most out of their savings. If you do, it is crucial to make sure you don’t exceed the contributions caps under any circumstances.”
Super funds back in the black for first time in three years
Members of superannuation funds can breath a sigh of relief, with financial year returns back in the black for the first time in three years.