FSC urges emulation of Perpetual on SG
The Financial Services Council (FSC) is urging its member companies to following the example of Perpetual Limited in unilaterally lifting its superannuation guarantee contribution for employees to 10 per cent with a view to lifting it to 12 per cent by 2020.
The FSC chief executive, Sally Loane referenced Perpetual's example in her annual State of the Industry address last week at the same time as urging the Federal Government to speed up the timetable for lifting the superannuation guarantee to 12 per cent.
Discussing the move by Perpetual, Loane said it demonstrated the company's commitment to adequacy.
"[It's] a great move and one that deserves many followers," she said.
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