News & Media

2013 Media Releases

Friday, 20 December 2013

Financial advice changes will make it harder to give super fund members simple advice

The Australian Institute of Superannuation Trustees (AIST), today warned that the Government’s proposed changes to the Future of Financial Advice Reforms (FOFA) could make simple financial advice l...

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Friday, 29 November 2013

AIST Awards for Excellence 2013 announced

AIST's 2013 Awards for Excellence were announced last night at Melbourne’s Sofitel Hotel, with HESTA and Cbus taking out two of the top honors.

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Thursday, 28 November 2013

Change should only be to benefit members

Today AIST welcomed the superannuation discussion paper - released by Assistant Treasurer, Senator the Hon Arthur Sinodinos - to examine governance, regulation, competition and transparency.

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Tuesday, 26 November 2013

LISC senate hearing

AIST will step up its call to save the Low Income Superannuation Contribution (LISC) scheme at a special Senate Economic Legislation Committee hearing tomorrow.

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Friday, 22 November 2013

AIST cautions against lifting pension age

AIST has cautioned against lifting the Age Pension age to tackle the costs of Australia’s ageing population

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Thursday, 21 November 2013

AIST financial services inquiry

The Australian Institute of Superannuation Trustees (AIST) – the peak body for the $600 billion not-for-profit super funds - today welcomed the Government’s release of draft terms of reference for ...

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Thursday, 31 October 2013

Government needs to ensure low income earners get a tax break on their super

The Australian Institute of Superannuation Trustees (AIST) has called on the Government not to abandon the Low Income Superannuation Contribution (LISC) scheme which it says is a much-needed equity...

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Thursday, 3 October 2013

AIST cautions against a one-size-fits-all approach to advisor education

The Australian Institute of Superannuation Trustees (AIST) has cautioned Australian Securities & Investments Commission (ASIC) against adopting a one-size fits all approach to education requirement...

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Wednesday, 31 July 2013

AIST welcomes Rice Warner super package for female staff

National networking and advocacy group, Women in Super (WIS) and The Australian Institute of Superannuation Trustees (AIST) have welcomed the move by an Australian business – Rice Warner – to offer...

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Wednesday, 31 July 2013

AIST urges APRA to raise the bar for MySuper product dashboard

The Australian Institute of Superannuation Trustees (AIST) is urging APRA to ensure super fund’s investment return targets are meaningful and accurate for consumers.

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Wednesday, 31 July 2013

AIST welcomes stability on superannuation policy

The Australian Institute of Superannuation Trustees (AIST) today welcomed the Government’s announcement of a breather on major superannuation changes, saying it would help build consumer confidence...

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Monday, 1 July 2013

Spotlight falls on executive remuneration in superannuation

AIST is pleased to see its recommendations for a fairer and more transparent disclosure regime on remuneration practices adopted in the MySuper Regulations registered in parliament late last week.

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Friday, 28 June 2013

Happy New Financial Year for Superannuation

Tom Garcia, CEO of the peak representative body of not-for-profit superannuation funds - the Australian Institute of Superannuation Trustees (AIST) – says members of superannuation funds will have ...

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Friday, 17 May 2013

Super Shock: Coalition’s delay to super increase would see millions of Australians worse off in retirement

The peak representative body of not-for-profit superannuation funds - The Australian Institute of Superannuation Trustees (AIST) – said it was very disappointed with Opposition Leader Tony Abbott’s...

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Wednesday, 15 May 2013

Super relief: AIST welcomes stability for Australians saving for retirement

AIST CEO Tom Garcia said that with so much uncertainty and confusion around superannuation policy since the start of the year, it was good to see that this Budget was free of any major new announce...

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Thursday, 9 May 2013

AIST expands its policy team

The peak body for the $500 billion not-for-profit super sector, the Australian Institute of Superannuation Trustees (AIST), has restructured and strengthened its policy department with the appointm...

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Friday, 5 April 2013

AIST responds to Treasury super announcements

The Australian Institute of Superannuation Trustees (AIST) welcomes the Governments announcements today on reforms to make the superannuation system fairer.

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Wednesday, 20 March 2013

Poll shows strong support for Government’s super boost for low income earners

More than two thirds of Australians support the Government providing low income earners with a superannuation boost of up to $500 a year, according to a consumer poll survey released by the Austral...

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Tuesday, 19 March 2013

60% of Australians think super is risky and worry about the performance of their fund: poll

Nearly 60 per cent of Australians are worried that their super is risky and a similar number are not confident they will have enough super for retirement, according to a survey released today by th...

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Friday, 15 February 2013

CEO Announced

The President of the Australian Institute of Superannuation Trustees (AIST), Cate Wood, has today announced the appointment of Tom Garcia as Chief Executive Officer.

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Friday, 8 February 2013

AIST calls for support for low income super scheme

AIST has called on Parliamentarians and the super industry to support the Low Income Super Contribution Scheme (LISC) which it says is a much-needed equity measure in Australia’s super system. AIST...

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Thursday, 31 January 2013

Ditching super measure will hit the retirement savings of 3.5 million workers

AIST is disappointed that the Coalition is not supporting the low income super rebate, which benefits the retirement savings of 3.5 million workers.

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Wednesday, 9 January 2013

Not-for-profit super funds outperform again

AIST has welcomed the release of new performance data that highlights the long term outperformance of not-for-profit superannuation funds, which include industry, public sector and corporate funds....

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Thursday, 3 January 2013

MySuper applications pave way for new era

The opening of the MySuper super fund application process this week marks the beginning of a new era of cost-effective, commission-free super, the Australian Institute of Superannuation Trustees (A...

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