Restoring the original timetable for lifting to the superannuation guarantee (SG) should be the priority superannuation issue addressed in the May Federal Budget, according to a survey conducted by Super Review.
The survey, conducted during the recent Conference of Major Superannuation Funds on the Gold Coast and sponsored by EISS Super, asked respondents what they believed should be the priority issues to be addressed in the May Budget.
It found that more than 75 per cent of respondents believed restoring the original timetable for lifting the superannuation guarantee was the most important issue.
This compared with the 60 per cent of respondents who regarded measures to clear the way for sustainable post-retirement products as being a priority issue.
Respondents were very negative about any further alterations to the superannuation tax concessions.
The corporate fund has announced it is seeking a suitable merger partner as the number of corporate super funds in Australia continues to dwindle.
Australia’s second-largest super fund has added thermal coal companies to its list of investment exclusions.
The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes.
The chief executive of Aware Super anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, surpassing the changes witnessed in the past two decades.
Add new comment