Industry Super Network congratulated the Government on the passing of two historic new laws in Parliament that will significantly improve the retirement savings of working Australians: the increase of the Superannuation Guarantee to 12 per cent and the introduction of the Low Income Super Contribution (LISC).
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Media Release from Industry Super Network applauding the passage of the Future of Financial Advice (FoFA) Bills.
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New APRA data shows that the not for profit sector, including industry super funds, continues to deliver better returns on average for members than its retail counterpart.
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Media release from ISN says new reforms to the financial advice industry are set to double the number of Australians accessing financial advice and increase private savings by $130 billion, according to a new report by Rice Warner Actuaries. The report also shows that financial adviser numbers will remain broadly stable.
To view the Rice Warner report click here.
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Media Release by ISN shows the new rules issued by the Government on the delivery of ‘intra-fund’ advice will make financial advice more accessible and more affordable for ordinary Australians.
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