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Why advisers should revisit death benefits

KARREN VERGARA  |  FRIDAY, 6 OCT 2017
Three months after the super changes took effect, it's time for advisers to revisit the rules regarding death and disability benefits in conjunction with the transfer balance cap in estate planning strategies. According to IOOF head of technical services ...

Traditional funds too apathetic to super start-ups

JAMIE WILLIAMSON  |  THURSDAY, 5 OCT 2017
... Incumbent providers in the superannuation industry have significant competitive advantages that should allow them to quickly apply new technologies." Coyle - who has also previously held leadership roles with Telstra Super and HESTA - said super funds ...

Frontier Advisors chief executive resigns

EMMA RAPAPORT  |  TUESDAY, 26 SEP 2017
... the task he was set by the board. Damian believes that, as his brief has been achieved, it is now time for someone else to apply his or her vision and take the firm further," Szondy said. "The board expresses its gratitude for Damian's magnificent contribution ...

BEAR cracks down on executive pay

KARREN VERGARA  |  MONDAY, 25 SEP 2017
... standards of behaviour are not met," Morrison said. Treasury is receiving submissions until September 29 and expects the BEAR to apply from 1 July 2018.

Passive investors excluded from small business tax cuts

EMMA RAPAPORT  |  TUESDAY, 19 SEP 2017
... policy decision made by the Government to cut the tax rate for small companies from the 2016/17 income year was not meant to apply to passive investment companies. The exposure draft bill amends the tax law to ensure that a company will not qualify for ...

Superannuation gets another makeover

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
... package of reforms introduced by Minister for Revenue and Financial Services Kelly O'Dwyer yesterday. The reforms, which apply equally to all APRA regulated superannuation, will give more than one million workers the right to choose their own superannuation ...

Retail investors given equity crowdfunding boost

ALEX BURKE  |  THURSDAY, 14 SEP 2017
... certain related party transaction restrictions. Other features already present in the framework for public companies will also apply. "The Government understands that different forms of finance are particularly important for innovative, early-stage businesses ...

ASFA puts gig economy on the agenda

EMMA RAPAPORT  |  THURSDAY, 7 SEP 2017
... remains concerned workers can have low security of employment and income, and may not be covered by standard conditions that apply to employees, including compulsory superannuation contributions. "Workers who already operate under some form of independent ...

Female Excellence Award finalists announced

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2017
... all nominees should be very proud of their achievements." Kewin encouraged those nominated that didn't make the finals to apply again in 2018. The finalists will meet with a judging panel on September 20 to discuss their business achievements, community ...

AMP and Challenger ink annuities deal

ALEX BURKE  |  TUESDAY, 5 SEP 2017
... Challenger swapped its financial planning business for AXA's annuities portfolio in 2008. Financial advisers will now be able to apply online for Challenger's term annuities along with its Liquid Lifetime and CarePlus product suites. These products will ...