AUSTRALIA - The government has pledged Aus$3.9bn to the Future Fund and a clearing house to help smaller businesses meet their superannuation choice requirements in today's budget.
The lump sum to the fund for public servants should see it reach its target funding position by 2020. The clearing house would allow an employer to pay contributions into a central location whic...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here