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Showing 101 - 110 of 11031 results for "May"

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... what their retirement journey they have the certainty of an income for life through a longevity product. While for others it may be something else entirely." Blackmore said AustralianSuper's retirement income strategy identified a cohort of members who ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... Mayfair 101 resumes control of more than two-thirds of the assets previously alleged to have been misappropriated," it added. In May 2020 the IPO Wealth Fund's trustee, Vasco Trustees, appointed receivers and alleged that Mawhinney had transferred ...

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... is a way for ASIC to obtain a record of how many complaints are made to each licensee, Anderson added, noting the regulator may use it to identify where potential weaknesses are. ASIC said that it collects and ultimately publishes IDR reports to "give ...

Australian Retirement Trust completes Alcoa merger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... having entered a Heads of Agreement in August 2023. According to an update from AvSuper, the merger is slated to take place on May 1. ART will begin running introductory webinars for AvSuper members from March 27. This will add a further $2.24 billion ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... has usually had favourable financing terms, including 10-year principal and interest loans, if this does not continue, we may see an associated decrease in valuations in line with shorter loan period amortisation payback periods." Another survey from ...

FAAA calls on ATO to provide clarity over advice fees

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... advisers are providing advice to clients with pre-existing investments to enable a broader set of scenarios where a deduction may be available. The call is part of the FAAA's submission in response to Draft Taxation Determination TD 2023/D4, prepared ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... would be a fair and simple way to determine participant co-contributions for aged care services... For non-pensioners, there may be an opportunity for additional differential means testing arrangements based on Commonwealth Seniors Health Card status." ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... Employment Hero. Hostplus is also worried that WMPs will negatively influence employees post-onboarding. "There is a risk that WMPs may seek to advertise superannuation products once an employee has already been onboarded - for example, to prompt an ...

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... independent director. He is also set to become chair following FGX's annual general meeting that's to take place in May. Lowe told a media conference this morning that he is "incredibly proud to be joining the board." "I think the Future Generation ...

WAM Leaders, QV Equities to merge

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
... will be determined by a formula based on the pre-tax net tangible assets of both companies. Alternatively, QVE shareholders may choose to receive cash for their shares at a 2.5% discount. QVE shareholders will likely be given the opportunity to vote ...