EmployersFIRST

George Lekakis, financial services editor at The New Daily, reports that superannuation providers expect the Abbott government to announce an overhaul of the Australian super industry before the end of the year, but they disagree on how far it should go.

Financial advisers could be subject to tougher requirements under recommendations from the Murray inquiry into the financial services industry.

An upgrade of the secure component of First Super’s website – First Online – is currently being finalised.

Processing everyday superannuation transactions will become easier for employers next year, thanks to SuperStream.

First Super enjoyed a strong 2013/14, with all but one investment option (cash returns) exceeding their annual benchmark targets.

The Federal Government has delayed the introduction of a 12% superannuation guarantee contribution (SCG) rate until 2025/26.

Employers with 20 or more employees are reminded they need to be SuperStream compliant from June 30, 2015.

Economists are often heard talking about the high Australian dollar, a declining mining sector and a supposed housing bubble.