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Showing 1061 - 1070 of 12779 results for "Change"

ASIC crackdown: Action taken against 13 SMSF auditors

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
During the first half of 2024, ASIC acted against the registration of 13 approved self-managed superannuation fund (SMSF) auditors. ASIC's concerns covered a range of topics, including breaches of auditing and assurance standards, independence requirements ...

Zurich launches new TPD option

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
Zurich Financial Services Australia has launched a new total and permanent disability (TPD) offering designed specifically to cover ongoing care requirements in the event of a severe accident or illness. The new 'continuous care' option allows for a ...

GESB adopts Protecting Your Super reforms

JAMIE WILLIAMSON  |  MONDAY, 30 SEP 2024
... will occur." Western Australia's deputy treasurer Rita Saffioti first flagged the changes in November 2023. As a further change, the government is also seeking an amendment that would allow GESB members who have left the public sector to continue making ...

ETFs preferred vehicles for Aussie, US advisers: Surveys

KARREN VERGARA  |  MONDAY, 30 SEP 2024
... ETFs to clients has increased from 87% in 2020 to 95% today. This is also up from 91% three years ago. Advisers said the change in economic outlook contributed to higher usage of ETFs. Forty-two percent upped their allocation to ETFs on the back of changing ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
Making changes to negative gearing could be worth at least $2 billion a year in revenue, while reducing the capital gains tax discount could be worth around $5 billion a year, according to new research from the Grattan Institute. This comes as Treasurer ...

PineBridge brings flagship lifecycle fund down under

MATTHEW WAI  |  MONDAY, 30 SEP 2024
... Equity Fund to local wholesale investors. PineBridge's head of Australia Clinton Grobler said the new fund marks a "step change" in its Australian business. "I believe Global Focus Equity will strongly complement PineBridge's existing product ...

Regulators to clamp down harder on greenwashing

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
... globally have their sights set on AI and digital technology regulation, the report found, though the rules and pace of change varied greatly between jurisdictions, creating challenges for global asset managers to reap the benefits of new technology. ...

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
... consider the merits of the Regal proposal having regard to its assessment of the stand-alone inherent value of Platinum in a change of control context, including with reference to Platinum's current turnaround strategy, outlook, and planned future growth ...

ATO revises advice fee tax deductibility rules

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
... personal circumstances, the advice will not be for managing the individual's tax affairs." The new guidance does not change the ATO's stance on other fees, being that those related to initial advice are capital in nature and cannot be deducted, and ...

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... changes would allow super funds to nudge their members to seek advice or engage more with their super. "The legislative change that allows superannuation funds to nudge their members is primarily linked to reforms under the Retirement Income Covenant ...