Employee benefits- better in superBY JEFFREY SCOTT | VOLUME 4, ISSUE 1In this time of fiscal responsibility, businesses need to weigh the costs and benefits of any expenditure. At the same time, employers want to retain good employees and accordingly ... Get articles like this delivered to your email - Sign up for the free weekly newsletter ![]() More Articles |
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Climbing to the top
DANIEL SHRIMSKI
MANAGING DIRECTOR
VANGUARD INVESTMENTS AUSTRALIA LTD
MANAGING DIRECTOR
VANGUARD INVESTMENTS AUSTRALIA LTD
Vanguard Australia managing director Daniel Shrimski is determined to propel the investment giant's superannuation product into the top 10 funds by assets under management by 2030. It's an audacious goal, even for a fund backed by the world's second largest asset manager. Andrew McKean writes.
I'm surprised that there was no mention in the article of the impact of lower cont caps on SCI arrangements. An old fogey on a decent salary (like me) can end up having a big chunk of their cont cap chewed up by SCI premiums. Isn't it likely that funds will find a way to help members take their SCI outside super (where they'll still get a deduction for the premiums) and free up more of their cap?
Excellent article.
I'm surprised that there was no mention in the article of the impact of lower cont caps on SCI arrangements. An old fogey on a decent salary (like me) can end up having a big chunk of their cont cap chewed up by SCI premiums. Isn't it likely that funds will find a way to help members take their SCI outside super (where they'll still get a deduction for the premiums) and free up more of their cap?