Media Releases

Tax changes will boost retirement savings

Posted on June 16th, 2011

Media Release by Industry Super Network says that the Federal Government’s changes to tax concessions on superannuation will make the system more equitable for those on lower incomes.

Read the Media Release here.

New APRA data shows continued industry super fund outperformance of chronically underperforming retail funds

Posted on June 9th, 2011

Media Release by Industry Super Network shows data released by the Australian Prudential Regulation Authority (APRA) today shows industry super funds continue to outperform retail super funds and reinforces the need for strict criteria for workplace default funds.

Annual ‘opt-in’ will reduce advice fees for consumers: Rice Warner Actuaries

Posted on May 30th, 2011

Media Release by Industry Super Network: A new study by Rice Warner Actuaries has revealed that attempts by financial planners to block the Government’s opt-in proposals could result in some consumers paying up to 17 times more for advice.

Read the Media Release here.
Read the Rice Warner Study here.
Read the Fact Sheet here.

Research: financial advice ‘opt-in’ will have negligible cost to industry

Posted on May 26th, 2011

Press Release by Industry Super Network: Research from Rice Warner Actuaries has found that the business impact on planners of seeking a renewal for deduction of fees from their clients was negligible.
Read the Media Release here.
Read the Rice Warner research here.

2011-2012 Federal Budget

Posted on May 11th, 2011

A media release from Industry Super Network that welcomes the initiatives within the 2011-2012 Federal Budget.