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- Industry_superannuation abstract "Industry superannuation funds in Australia refer to the group of retirement superannuation funds originally established to cater for workers from a specific industry.From 1 July 2005, changes to Commonwealth legislation[2] allowed Australian employees (with some exceptions) to choose the fund into which their employers paid their superannuation. In turn, industry super funds were no longer industry specific and most became not-for-profit public offer funds, open to the majority of workers in Australia.Despite choice of fund being an option for most Australian workers, most workers (over 75%) stick with the default fund their employer chooses, which is more often than not an Industry super fund.The independent industrial relations umpire, the Fair Work Commission, nominates super funds that are suitable to be adopted by employers as default funds. Traditionally the funds nominated by the Fair Work Commission suitable as default funds are not-for-profit funds.The four major banks in Australia own the majority of for-profit retail super funds and have been lobbying governments for legislative change to de-regulate the process traditionally used to nominate workplace default funds and make it easier for employers to adopt a bank-owned fund.The Federal Abbott government has committed to opening up the default fund section system suggesting that doing so will generate greater competition.Industry super funds are membership-based and do not have shareholders. In this aspect, they differ from retail funds (or wholesale master trusts) which are public offer funds managed by financial institutions, with the aim of returning dividends to shareholders.".
- Industry_superannuation wikiPageExternalLink fsi.gov.au.
- Industry_superannuation wikiPageExternalLink Community_Affairs.
- Industry_superannuation wikiPageExternalLink a01.
- Industry_superannuation wikiPageExternalLink FinalReport-ReviewofRetailLifeInsuranceAdvice-FinalCopy%28CLEAN%29.pdf.
- Industry_superannuation wikiPageExternalLink www.supersystemreview.gov.au.
- Industry_superannuation wikiPageExternalLink new-version-industry-superfunds-compare-pair-campaign-launched-209332.
- Industry_superannuation wikiPageExternalLink www.aist.asn.au.
- Industry_superannuation wikiPageExternalLink australia.
- Industry_superannuation wikiPageExternalLink www.industrysuper.com.
- Industry_superannuation wikiPageExternalLink www.industrysuperaustralia.com.
- Industry_superannuation wikiPageExternalLink our-board.
- Industry_superannuation wikiPageExternalLink who-we-are.
- Industry_superannuation wikiPageExternalLink OECD-SocietyAtaGlance2014-Highlights-Australia.pdf.
- Industry_superannuation wikiPageExternalLink australia.html.
- Industry_superannuation wikiPageExternalLink industry-superannuation-funds.
- Industry_superannuation wikiPageID "8865200".
- Industry_superannuation wikiPageLength "7497".
- Industry_superannuation wikiPageOutDegree "4".
- Industry_superannuation wikiPageRevisionID "679849718".
- Industry_superannuation wikiPageWikiLink Category:Superannuation_in_Australia.
- Industry_superannuation wikiPageWikiLink Retirement.
- Industry_superannuation wikiPageWikiLink Superannuation_in_Australia.
- Industry_superannuation wikiPageWikiLinkText "Industry Funds".
- Industry_superannuation wikiPageWikiLinkText "Industry Super Funds".
- Industry_superannuation wikiPageWikiLinkText "Industry Superannuation Fund".
- Industry_superannuation wikiPageWikiLinkText "Industry Superannuation".
- Industry_superannuation wikiPageWikiLinkText "Industry superannuation".
- Industry_superannuation wikiPageWikiLinkText "industry super-funds".
- Industry_superannuation wikiPageWikiLinkText "industry superannuation fund".
- Industry_superannuation wikiPageWikiLinkText "industry superannuation".
- Industry_superannuation wikiPageUsesTemplate Template:Reflist.
- Industry_superannuation subject Category:Superannuation_in_Australia.
- Industry_superannuation comment "Industry superannuation funds in Australia refer to the group of retirement superannuation funds originally established to cater for workers from a specific industry.From 1 July 2005, changes to Commonwealth legislation[2] allowed Australian employees (with some exceptions) to choose the fund into which their employers paid their superannuation.".
- Industry_superannuation label "Industry superannuation".
- Industry_superannuation sameAs Q20669550.
- Industry_superannuation sameAs m.027mj04.
- Industry_superannuation sameAs Q20669550.
- Industry_superannuation wasDerivedFrom Industry_superannuation?oldid=679849718.
- Industry_superannuation isPrimaryTopicOf Industry_superannuation.