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Showing 1 - 10 of 50 results for "Opt-in"

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
One of Sam Sicilia's pet themes is that the forces of technology are deflationary, and they will inevitably kick in to be a dominant influence. The Hostplus investment chief has been on this tear for some time and hasn't changed his mind despite ...

Focus on providing 'good advice': QAR draft proposals

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
A focus on providing 'good advice', the scrapping of general advice, and allowing superannuation funds to provide personal financial advice are just some of the proposed reforms contained in the Quality of Advice Review's consultation paper. ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
From January 2023 first home buyers in New South Wales will have the option of paying stamp duty or an annual land tax under proposed reforms. The plan, announced in the 2022-23 NSW budget, will see first home buyers purchasing a home up to the value ...

ClearView consolidates super, pension plans

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
ClearView undertook an intra-fund transfer last week, closing a more than 30-year-old superannuation and pension offering. The transfer occurred on May 19 and saw all ClearView Superannuation and Roll-Overs and ClearView Pension Plan members transferred ...

SEC rules against Amazon pension case

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The US Securities and Exchange Commission ruled against Amazon's no-action motion to exclude a shareholder resolution asking the company to prepare a report on how employee retirement savings are invested. The shareholder resolution, brought by activist ...

UniSuper revises fees for TTR members

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
The $83 billion superannuation fund has updated its fees for transition-to-retirement members invested in several options. UniSuper has increased fees between 0.01% and 0.04% for some options after calculating actual costs incurred in FY19 and estimates ...

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... added that insurers are also expected to consider whether outcomes will be fair for consumers if they have to actively 'opt in' or make a request in order to receive any benefit insurers offer in response to COVID-19. "Consumers who are struggling to ...

PYSP puts SMSFs at risk

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... wishing to maintain their life insurance cover do so now by giving direction to their APRA-regulated fund that they wish to opt in." The association also recommends SMSF members actively opt-in even if they planned to make a contribution or rollover ...

Superannuation bills on hold

KARREN VERGARA  |  MONDAY, 15 APR 2019
... Parliament after the Federal Election, slated for May 18. From 1 October 2019, members affected would have been able to opt in to default insurance by nominating to do so. The proposed legislation was originally part of the Protecting Your Superannuation ...

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... will not prevent anyone who wants insurance in superannuation from being able to obtain it - members will still be able to opt in." It's estimated about 10% of the individuals currently holding duplicate life cover in super are under 25 years of age. ...
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