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Showing 1081 - 1090 of 5871 results for "July"

Funds need retirement income strategy by July

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... fund trustees, ASIC and APRA have confirmed that under the Retirement Income Covenant funds will need a strategy in place by July 2022. Outlining the timeline for implementing the covenant, ASIC and APRA said by 1 July 2022 funds are expected to have ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... AustralianSuper. The merged fund has approximately two million members and 2500 employees. ART has committed to reducing fees from 1 July 2022, with ART Super Savings account members to see their admin fees cut from $1.50 to $1.20 per week, and ART QSuper ...

Mirae to launch local ETF suite

KARREN VERGARA  |  FRIDAY, 25 FEB 2022
... offer. Mirae chief executive for Australia Kris Walesby, the former chief executive of ETF Securities who joined the firm in July 2021, will prioritise his efforts in rapidly building Global X in Australia, starting with financial advisers. Earlier that ...

SMSF Association appoints chair

CHLOE WALKER  |  FRIDAY, 18 FEB 2022
... Association. Hay-Bartlem, a partner at Brisbane law firm Cooper Grace Ward, has been a director for the organisation since July 2019, and will replace Andrew Hamilton who is stepping down after two terms as chair. Hay-Bartlem brings a wealth of knowledge ...

VFMC appoints head of investment stewardship

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
... Lingaretnam has been appointed head of investment stewardship in an ongoing capacity, having been acting in the role since July 2021. Lingaretnam initially joined VFMC in May 2020 as senior portfolio manager in the equities team, before taking on the ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... Parliament yesterday, alongside the Retirement Income Covenant and the Corporate Collective Investment Vehicles regime. From 1 July 2022, all employers must pay superannuation guarantee contributions on all earnings, no matter how little each month. ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
... the company on the same day it provides that advice to institutional clients. The reforms also stipulated that beginning July 1, proxy advisers would need to be independent of their institutional clients, with regards to ownership structure, personnel ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... balance risks, maximise income, and offer flexibility to savings. This must be presented in writing and made public from 1 July 2022. Senator Jane Hume said trustees are not required to release all components of their strategy by this date. "Instead ...

Blue Crane Capital launches fintech tool for SMSFs

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
... observation that the SMSF sector could grow in response to changes to the Superannuation Industry (Supervision) Act (SIS Act) in July 2021. Under the changes, SMSFs can now have up to six trustees instead of the previous limit of four. Blue Crane Capital ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
... months, there are only a handful of days left to ensure this critical reform is passed in time for the proposed start date of 1 July 2022," Rest chief executive Vicki Doyle said. "The $450 threshold is preventing thousands of lower-income workers from ...