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| | | Five hundred BT Financial Group staff, including advisers and senior leaders, are being put through an ethics course aimed at formalising ethical awareness. The Ethics Centre's 19-hour Ethical Professional Program aims to help participants provide better ... |
| | | | ... increases in the cost of the policy or premiums after the first year should be dealt with, and how the clawback arrangements apply if the maximum upfront commission is applied to premium increases in the first or second year. |
| | | | ... months after a total permanent and death (TPD) claim without providing additional medical information. Customers can also apply for a TPD sum insured higher than their life insurance sum insured through their super. This is especially important for people ... |
| | | | ... unsustainable products. In its submission to Treasury's MyRetirement review, the institute advised that the framework - which should apply to all super funds - must meet both the government's aims and address members' needs and interests, including whether ... |
| | | | ... to raise up to $50 million, with investments capped at $2 million per investor and a $100,000 minimum amount. It aims to apply extensive research on individual companies and management structures; achieve low turnover, flexibility of mandate, healthy ... |
| | | | ... current pension assets as a consequence of the super reforms will be extended to Pooled Super Trusts. CGT cost relief will apply to assets that cease to be exempt current pension assets up to 1 July 2017. This allows cost base relief to apply as intended ... |
| | | | ... Assessment (PISA) study evaluated the financial literacy of 15-year-olds from 15 countries, and their ability to understand and apply knowledge to financial questions. The four countries ahead of Australia were China, Belgium, Canada and nations grouped ... |
| | | | ... that targets just five companies who are already among the largest taxpayers in Australia." Maxsted noted the levy doesn't apply to foreign banks, which would potentially give them a competitive advantage over their local peers. He estimated the levy ... |
| | | | ... reported profit, according to EY global insurance finance, risk and actuarial leader Martin Bradley. While the new standards apply across general insurance, health and reinsurance products, insurers providing long-term life insurance contracts will be ... |
| | | | ... services to their SMSF clients ahead of the changes." O'Halloran urged advisers to be aware of the new caps and how they apply to clients' situations - if they have more than $1.6 million in retirement phase, they'll need to take action before July 1. ... |
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