Retirement Income Covenant

6 August 2021, COTA Submissions
COTA have been strongly advocating for some time for the introduction of a Retirement Income Covenant in the Superannuation Industry (Supervision) Act 1993 and believe this is a first and very important step toward a more critical focus on retirement income within our superannuation system.

Submission to the Treasury’s exposure draft on genuine redundancy and early retirement scheme payments

31 July 2019, COTA Submissions
COTA Australia welcomes the Genuine Redundancy and Early Retirement Scheme Payments legislation change, the need for which is obvious and unarguable, and indeed not to make it would be most unfair and inconsistent. The change does not, however, go far enough.