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After all that fuss, here comes 10%

It was a budget that will be remembered for its headline deficit more than anything else. For big super funds there was a sigh of relief for the SG and that’s about it. The removal, at long last, of the $450-a-month floor for compulsory super payments has been roundly praised, in recognition that women will…
Greg Bright | 14th May 2021 | More
CIPR is an opportunity not a chore

Superannuation funds need to get on the front foot and respond to the strategic challenge of developing good retirement solutions now. Although superannuation funds can follow the Government’s legislative timetable to develop a Comprehensive Income Product for Retirement (CIPR) by 1 July 2022, that’s hardly an optimal outcome for fund members who have retired or are making retirement plans now.

Paul Bouchey | 3rd Sep 2019 | More