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Showing 91 - 100 of 1517 results for "Minimum"

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... criticism from a top AFSL. Under the existing Superannuation Industry Supervision (SIS) regulations, retirees must draw a minimum pension amount based on their age when they start an income stream. This minimum amount must be withdrawn to maintain the ...

TAA urges active recruitment for industry sustainability

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... requirements potentially until 2035 - subject to certain criteria. The criteria could include passing the adviser exam; having a minimum of 15 years' experience as at 31 December 2021; and possessing a competency assessment at AQF7 level or above, he ...

APRA preserves life insurance prudential standards

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... Standard; Prudential Standard LPS 115 Capital Adequacy: Insurance Risk Charge; Prudential Standard LPS 360 Termination Values, Minimum Surrender Values and Paid-up Values; and Prudential Standard LPS 370 Cost of Investment Performance Guarantees - which ...

Final voting for ESG Power50 open

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023
... ESG, a leading ESG rating and research company, to make sure that people nominated are employed at companies that meet minimum ESG criteria. It is not mandatory to be a participant in an ESG leader, but we have incorporated ISS ESG research to validate ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... obligations require entities to defer at least 40% of variable remuneration (e.g., bonuses and incentive payments) for a minimum of four years and reduce variable remuneration for non-compliance with accountability obligations. Notification obligations ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... large-cap shares and alternative investments. Up until now, the firm explained, Islamic investors have had to invest a minimum of $50,000 to access an Islamically compliant investment portfolio. Fees charged alongside could be as much as 2.5% per annum ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... the directors' report show. Mota attributed the reduction in revenue to some clients paying fees that were below the minimum fee level and were subsequently turned off, as well as adviser turnover. "We've seen revenue come down, we've seen ...

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
... will allow advisers and clients to track and respond to tasks, such as corporate actions and account notifications, like minimum cash balances, Netwealth said. Netwealth managing director Matt Heine commented: "For advisers, staying on top of clients' ...

Alphinity debuts two funds on the ASX

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2023
... "net positive alignment" to the 17 United Nations Sustainable Development Goals (SDGs). It also exceeds Alphinity's minimum ESG criteria and offer "attractive prospective returns", the fund manager said. Since launching in June 2021, XASG's underlying ...

Mercer proposes superannuation tax overhaul

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... earners, introducing a maximum super benefit ($3.4 million) at age 70, and requiring all super benefits to be subject to minimum drawdown rules. Mercer senior partner David Knox said the recommendations would improve the super tax system now and into ...