Employers face new and mounting occupational health and safety risks as more Australians choose to work long into their 60s, according to Talent2 director Peter George. Speaking at the AIST Superannuation Administration Symposium in Melbourne on Thursday, George said an ageing workforce presented both opportunities and challenges for organisations that needed to be more flexible, […]
In the 22 years since its inception, Industry Funds Credit Control (IFCC) has secured more than $1 billion of unpaid superannuation guarantee (SG) contributions from employers. David Gibson, general manager of IFCC, says that between July 1, 2007 and June 30, 2011, the IFCC secured about $400 million of missed SG payments; in the 2011-12 […]
In his seventh year as chair of Catholic Super in Victoria, Peter Bugden can comfortably say he’s witnessed notable growth in the fund. What first began in 1971 as a niche offering to Catholic school employees is now an Australia-wide public offer fund, with around $5 billion under management following a period of growth – […]
There’s an endless tide of flow-on effects from the stark growth in the volume of claims across the life insurance sector. While it’s encouraging that more Australians are becoming aware of the availability of their life insurance benefits, the rise in disability claims in particular places enormous financial and societal pressure on funds, insurers, reinsurers, […]
Qantas Superannuation Ltd., the $6 billion fund for current and former employees of the airline, has hired Hugh Loughrey as head of legal, risk and compliance.
The Federal Government’s choice of Medicare as its free super clearing house for small businesses has baffled private service providers, who say the hasty decision smacks of a Band-Aid applied hastily to cover election promises . However, the Association of Superannuation Funds of Australia (ASFA) is cautiously optimistic that “SupiCare” (as industry wits have dubbed […]
The Federal Government’s choice of Medicare as its free super clearing house for small businesses has baffled private service providers, who say the hasty decision smacks of a Band-Aid applied hastily to cover election promises . However, the Association of Superannuation Funds of Australia (ASFA) is cautiously optimistic that “SupiCare” (as industry wits have dubbed […]