ISA

Superannuation

New Cbus 'opt out' regime raises eyebrows

Building workers have been told they will have to specifically opt-out if they don’t want Cbus to give their details to union officials and delegates to help chase unpaid...

Superannuation

Industry fund reveals paying up to $500,000 a year fee to outsource advice

Industry Fund Services is receiving between $400,000 and $500,000 a year to provide a financial advice service to industry funds....

Superannuation

Industry super funds hit back, committing to investing in growth and recovery

Faced by strong ongoing criticism from some Government back-benchers, Industry Super Australia has hit back pointing out the degree to which industry superannuation funds...

Superannuation

Faced by ASIC questioning ISA changes its early access super calculations

Industry Super Australia has received tough written questioning from the Australian Securities and Investments Commission around how it calculates the impacts of early ac...

Superannuation

ME Bank and ISA in Parliamentary Committee crosshairs

ME Bank and Industry Super Australia will be placed under scrutiny as part of an urgent public hearing of a key Parliamentary Committee....

Financial planning

ISA survey points to early access super rorters

New survey data commissioned by the industry funds suggests that up to a million people seeking early access to their superannuation are actually ineligible because they ...

Superannuation

ISA launches campaign to encourage nest egg protection

Industry Super Australia’s new campaign will address how Australians can protect their superannuation without making rash decisions after a downturn....

Superannuation

Govt did not consult super funds on early release strategy

There was no consultation with major superannuation fund organisations about the Government’s plan to allow people early access to their superannuation, prompting funds t...

Superannuation

Calls to bridge the gender super gap

Women in Super and Industry Super Australia are calling on the Government to make changes to the superannuation system which would help bridge the gender super gap....

Superannuation

Retirees struggling to make ends meet

Almost 40% of recent retirees are either living on a very tight budget or are not making ends meet, according to a survey....

Superannuation

Amnesty bill does not prevent future underpayment

The unpaid superannuation amnesty bill will help recover around $200 million which is less than 5% of the annual unpaid super bill, according to Industry Super Australia....

Superannuation

Industry fund advertisements seek to lock in 12%

A major television advertising campaign funded by Industry Super Australia appears targeted at locking the Government in to its promised 12% superannuation guarantee targ...

Superannuation

ANU study on SG ‘a fantasy’: ISA

A new study from the Australian National University on the super guarantee assumes that every Australian is a single man who is in the workforce for more than 40 years st...