Search ResultsShowing 1 - 10 of 100+ results for "Government"
More Australians retire with big mortgages
ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
... still owing a significant amount of money on their mortgages has worrying implications for superannuation and government policy. Already, about one-in-four superannuation drawdowns are used to pay off mortgages. "One of the fears is that the ...
FPA, AFA partner on life insurance
KANIKA SOOD  |  FRIDAY, 14 JUN 2019
... united and consistent message from the advice community about the future of life insurance that we can share with government and the regulators," he said. "This will also allow us to work collaboratively as a community with Government, towards the ...
Super fund overhauls group insurance cover
KARREN VERGARA  |  WEDNESDAY, 12 JUN 2019
... benefit, state or police accounts will also be affected by the changes if they leave their jobs. Queensland Government employees for example, will have the greater of 90 days or sick leave for income protection waiting periods, as opposed to ...
Super fund set to hike fees
HARRISON WORLEY  |  WEDNESDAY, 12 JUN 2019
... Vickers, the fund said it had to increase the fee to $2.25 per week to help cover the cost of implementing the Government's Protecting Your Super Package reforms, which come into effect from July 1. The change will be significant for many of ...
Super fund reinforces savings with timber, agriculture
HARRISON WORLEY  |  TUESDAY, 11 JUN 2019
A $12 billion government superannuation fund moved to reinforce the retirement savings of its members by investing in timber and agriculture. LGIAsuper will diversify its investment strategy and invest in the agriculture and timber funds of Folium ...
Former Link general manager joins Mercer
KARREN VERGARA  |  TUESDAY, 11 JUN 2019
... Vanstone. Between 20016 and 2013, he held senior roles at the Insurance Council of Australia as general manager government and stakeholder relations, and communications. Client management leader for industry and public sector Jo-Anne Bloch said ...
Super funds partner for $250m fund
KANIKA SOOD  |  FRIDAY, 7 JUN 2019
First State Super and VicSuper are partnering with the Victorian Government to set up a $250 million fund which will invest in small and medium businesses in the state. Victorian Treasurer Tim Pallas announced $50 million towards the $250 million ...
Retirement income review welcomed: Poll
KARREN VERGARA  |  THURSDAY, 6 JUN 2019
The Federal Government's pledge to review the retirement income system and the numerous proposed improvements to superannuation has been welcomed by readers polled in Financial Standard 's latest survey. More than half (53%) of the respondents ...
Navigating the new Pensioners Loan Scheme
KANIKA SOOD  |  THURSDAY, 6 JUN 2019
... important consideration is a reverse mortgage will reduce the value of your family home when it is sold. Under the government's Pensioners Loan Scheme retirees are charged a compounding variable interest rate of 5.25% per annum," he said. "When ...
PYSP puts SMSFs at risk
HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... to ensure life insurance policies held through an APRA-regulated fund aren't suddenly cancelled. With the Government's Protecting Your Super Package about to kick in, the SMSF Association is warning SMSF trustees to check the status of any ...
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