POWERED BY MOMENTUM MEDIA
Budget should restore SG timetable
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.
Recommended for you
The corporate watchdog is preparing to publish a progress report on private credit this September, following a comprehensive review of the rapidly expanding market.
The fund has appointed Fotine Kotsilas as its new chief risk officer, continuing a series of executive changes aimed at driving growth, but NGS Super’s CEO has assured the fund won’t pursue growth for growth’s sake.
AMP Super has taken a strategic stake in Atmos Renewables, funding major battery and wind farm projects to boost Australia’s clean energy transition.
The major superannuation fund is facing legal action from ASIC after allegedly failing to inform the regulator about investigations into serious member service issues.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
