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30 July 2020
Revised Federal Government forecasts that more than $42 billion of super could be withdrawn through its Covid early release scheme points to the need for more government support measures for those suffering financial hardship, the Australian Institute of Superannuation Trustees (AIST) said today.
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29 July 2020
Australia’s $1.4 trillion profit-to-member super sector has earmarked infrastructure, energy and affordable housing as three key areas where superannuation savings could be invested on a large scale to help drive Australia’s economic recovery from the Covid crisis.
22 July 2020
The Australian Institute of Superannuation Trustees wishes to announce that its flagship event, the 2021 Conference of Major Super Funds (CMSF), is scheduled to take place from Tuesday, 18 May to Wednesday, 19 May 2021 at the Adelaide Convention Centre.
18 June 2020
The Australian Institute of Superannuation Trustees (AIST) has posthumously awarded David Smith – a long-serving director in the profit-to-member super sector and former National Secretary of the Australian Services Union - its 2019 Trustee of the Year Award.
30 April 2020
Profit-to member super funds are reporting a smooth implementation of early release payouts after ten days of meeting requests from financially distressed members.
24 April 2020
The Australian Institute of Superannuation Trustees (AIST) has welcomed the reappointment of Catherine Bolger as president and Louise du Pre-Alba as deputy president.
23 April 2020
Millions of dollars in early super payments are now being processed by profit-to-member super funds to support members who are experiencing financial hardship due to the impact of COVID 19.
15 April 2020
Law firm Thomson Geer have kindly provided AIST members with a paper that summarises recent Superannuation Case Law. It includes several recent legal outcomes relating to Trustees, superannuation fund members and financial dispute resolution bodies.
26 March 2020
The Australian Institute of Superannuation Trustees (AIST) is aware that unscrupulous operators have already begun targeting super fund members and offering to assist them in taking up the new early release super measures announced last Sunday.
23 March 2020
Australia’s profit-to-member superannuation funds – which include industry, public-sector and corporate funds - have demonstrated a strong commitment to the high standards of corporate governance set by AIST’s Governance Code in their reports against the Code for fiscal year 2019.