https://docs.brainycp.io/api.php?action=feedcontributions&feedformat=atom&user=SylviaCongreve 2026-04-10T14:04:41Z User contributions MediaWiki 1.27.1 https://docs.brainycp.io/index.php?title=Superannuation_Changes_For_Aussie_Workers_Will_Save_17billion_In_Fees&diff=32889 2021-12-14T15:11:09Z

<p>SylviaCongreve: Created page with &quot;Huge changes to superannuation law that will put money back into Australians' pockets have cleared parliament.&lt;br&gt;The contentious superannuation laws which the government says...&quot;</p> <hr /> <div>Huge changes to superannuation law that will put money back into Australians' pockets have cleared parliament.&lt;br&gt;The contentious superannuation laws which the government says will boost savings and cut fees have cleared parliament.&lt;br&gt;But the federal government was forced to delay the changes until November 1.&lt;br&gt;Currently, workers often unknowingly open many small accounts and get signed up to default insurance, attracting multiple fees.&lt;br&gt;From November, [https://www.garnelenshop-bayern.de/Collar AquaLighter] workers will be 'stapled' to their existing super fund when they change jobs.&lt;br&gt;'Let's not forget that Australians pay more than $30billion in superannuation fees and charges every year,' Treasurer Josh Frydenberg said on Thursday.&lt;br&gt; The overhaul of the $3.2trillion superannuation pool will save consumers more than $17billion, according to the government &lt;br&gt;'Yet many Australians don't know the amount they have in super or indeed that it is their money to access.'&lt;br&gt;He said the overhaul of the $3.2trillion superannuation pool will save consumers more than $17billion.&lt;br&gt;The laws also benchmark performance and shuts down access to poorly performing funds.&lt;br&gt;But critics say it will trap millions of people in dud products, including super funds slammed for dodgy dealing by the banking royal commission.&lt;br&gt;The Industry Super Australia organisation says the government has given poor super products a leg up at the cost of the workers they are fleecing with their high fees and lousy performance.&lt;br&gt;People in blue-collar jobs or people working in new riskier jobs may not be covered by their old insurance.&lt;br&gt;'Young workers who will move into hazardous sectors like building and construction deserve superannuation legislation that recognises their unique needs,' Cbus chief executive Justin Arter said.&lt;br&gt; 'Let's not forget that Australians pay more than $30billion in superannuation fees and charges every year,' Treasurer Josh Frydenberg (pictured on Thursday) said&lt;br&gt;A proposed review by Treasury will examine occupational exclusions in insurance.&lt;br&gt;Labor opposed the changes and independent senator Rex Patrick failed to extend performance tests to more retail super products during the hard-fought final two days of debate.&lt;br&gt;The government had already removed a contentious veto power for the treasurer over funds' investment decisions.&lt;br&gt;Labor leader Anthony Albanese said there were those in the government who believed it was 'time to kill superannuation stone dead'.&lt;br&gt; RELATED ARTICLES &lt;br&gt;&lt;br&gt;&lt;br&gt;&lt;br&gt;Share this article&lt;br&gt;Share&lt;br&gt;&lt;br&gt;&lt;br&gt;'That is the view of the Liberal and National parties when it comes to workers having decent retirements and having dignity in their later years,' Mr Albanese told [https://discover.hubpages.com/search?query=parliament parliament].&lt;br&gt;'They are not content to trash the aged care system - they want also before people get to aged care to have a pretty bad retirement.'&lt;br&gt;Centre Alliance senator Stirling Griff said the amendments addressed many of the problems in current rules that effectively reduced retirement incomes.&lt;br&gt;'Our changes will mean millions of Australians will retire with more money in their super and a better, more dignified retirement,' Senator Griff said.&lt;br&gt;</div>

SylviaCongreve https://docs.brainycp.io/index.php?title=User:SylviaCongreve&diff=32888 2021-12-14T15:11:06Z

<p>SylviaCongreve: Created page with &quot;I am Sylvia from Savigny-Sur-Orge. I love to play Piano. Other hobbies are Fencing.&lt;br&gt;&lt;br&gt;My web page - [https://www.garnelenshop-bayern.de/Collar AquaLighter]&quot;</p> <hr /> <div>I am Sylvia from Savigny-Sur-Orge. I love to play Piano. Other hobbies are Fencing.&lt;br&gt;&lt;br&gt;My web page - [https://www.garnelenshop-bayern.de/Collar AquaLighter]</div>

SylviaCongreve