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Having super paid at the same time as wages will help ensure more Australians can have a dignified retirement, COTA Australia says.
COTA Australia supports strengthening and expanding the superannuation performance test to improve transparency, accountability and consumer outcomes, particularly for older Australians and retirees.
A new SMC report, Unfinished Business: Fixing Gaps in the Super Guarantee reveals Australia’s frontline carers are being made poorer in retirement because they miss out on super when caring intensively for loved ones, often for years.
COTA Australia welcomes the release of the Federal Government’s Retirement Reporting Framework and Best Practice guidance, which recognises that retirement is not one-size-fits-all and that Australians move into and through retirement in different ways.
COTA Australia has welcomed new scrutiny of the superannuation industry following the release of APRA and ASIC’s 2025 Retirement Income Covenant Pulse Check, which shows the gap widening between funds that are improving retirement outcomes and those that are falling behind.
The passage of the Federal Government’s payday super legislation through Parliament is a welcome move that will benefit the retirement incomes of older Australians, COTA Australia says. The new law …
The Federal Government’s move to lift the Low-Income Super Tax Offset (LISTO) will deliver a significant superannuation boost to millions of lower-paid workers – many of them women – and make the system fairer, COTA Australia says.
The introduction of legislation requiring super to be paid on payday is a crucial move that will make a significant difference to the retirement incomes of older Australians, COTA Australia …
The Federal Government’s response to the Quality of Advice Review, which was aimed at improving the
accessibility and affordability of quality financial advice, shows a commitment to ensuring consumers – including
older people – are given the best possible financial advice, COTA Australia says.
The Federal Government’s release of a consultation paper on the retirement phase Australia’s superannuation system is a positive step towards reforming the system to ensure it provides all Australians with the security and income they need to have the dignified retirement they deserve.
The joint report shows that most super funds are falling short on the support they offer members in retirement, and that more work needs to be done to plan for improving their shortcomings.
Moves to make it easier for superannuation funds to provide affordable advice to Australians about their super, will help older Australians and those nearing retirement make better informed decisions about their retirement savings, COTA Australia says.