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Showing 10371 - 10380 of 18128 results for "superannuation"

Self-education cap "short sighted": SPAA

LAURA MILLAN  |  TUESDAY, 16 JUL 2013
... self-education at $2000. SPAA said that the decision is "short-sighted and self-defeating" and said that a self-managed superannuation (SMSF) specialist would spend more than $6000 a year attending conferences and participating in courses. "A quick check ...

ATO to clamp down on multinationals and trusts

MARK SMITH  |  TUESDAY, 16 JUL 2013
... Compliance in focus program, informing the business community of the key risks and issues in Australia's tax and superannuation system and how it will address them. While the ATO acknowledged that tax crime is committed by only a small minority, ATO ...

CommInsure 'day one cover' available for CFS

LAURA MILLAN  |  MONDAY, 15 JUL 2013
... a service for Colonial First State (CFS) clients who purchase a Total Care Plan Super (TCPS) policy through the Superannuation Payment Method. The payment method uses rollover funds from the clients' CFS account to pay for their insurance premiums. Once ...

AMP, MLC impose Stronger Super levy

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
Retail superannuation providers AMP and MLC are the first retail super funds to signal that they will charge members a levy to pay for expenses related to the government's Stronger Super regime. The news came when MLC sent out a letter to advisers warning ...

QSuper gets MySuper go-ahead

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
QSuper, one of Australia's largest superannuation funds, has been granted its MySuper licence by the Australian Prudential Regulation Authority (APRA). The fund primarily represents employees of the Queensland Government and has over $40 billion in ...

Govt introduces new infra tax break

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
... Minister for Transportation and Infrastructure Anthony Albanese and Minister Assisting for Financial Services and Superannuation David Bradbury said the new rules would "encourage private sector investment in nationally significant projects by preserving ...

BlackRock wins four NZ Super mandates

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
Investment giant BlackRock has won four new mandates from the New Zealand Superannuation Fund (NZ Super). BlackRock will manage four new passive global equities mandates: passive global large cap equity, small cap equity, emerging markets equity and ...

Super fund mergers pose capacity problem

MARK SMITH  |  MONDAY, 15 JUL 2013
Consolidation within the superannuation industry and the subsequent creation of mega funds is forcing chief investment officers to rethink their strategies, threatening to kill off institutional access to nimble boutique managers. Smaller funds are ...

Workers should track down super when changing jobs

LAURA MILLAN  |  MONDAY, 15 JUL 2013
Workers who have changed jobs during the last financial year should keep track of their superannuation savings or they could end up with two funds. HLB Mann Judd Sydney wealth management partner Jonathan Philpot reminded that "unless action has been ...

ACFS flummoxed by SMSF cash trend

JAMES FERNYHOUGH  |  FRIDAY, 12 JUL 2013
... authors of a new report by the Australian Centre for Financial Studies (ACFS) are bemused as to why self-managed superannuation fund (SMSF) investors heavily favour cash over fixed-interest products. The paper, entitled 'The Future Demand and Supply ...