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Showing 1111 - 1120 of 2470 results for "Budget"

ASIC releases 2016 enforcement report

KERRIE SYDEE  |  THURSDAY, 31 MAR 2016
... This report highlights our strong recent enforcement record and ongoing areas of focus." ASIC received a blow in the 2015 budget, taking a $44 million cut in 2015 from $368 million to $324 million, or around 12% of its budget. To reduce costs ASIC cut ...

Super flagged to repair Australia's budget

DARREN SNYDER  |  WEDNESDAY, 30 MAR 2016
The Committee for Economic Development of Australia (CEDA) has put forward five options for repairing the federal budget balance by 2018, two of which centre around superannuation taxes. CEDA's first budget repair option includes a progressive super ...

SMSFA calls for concessional caps flexibility

KERRIE SYDEE  |  TUESDAY, 29 MAR 2016
... concessional contribution cap amounts and contribute to their superannuation when their circumstances allow. In its 2016 Budget submission, the SMSF Association urged the Federal Government to end their "use it or lose it" approach to reflect modern ...

Lump sum withdrawals to fall to 4% by 2025: Rice Warner

KERRIE SYDEE  |  TUESDAY, 29 MAR 2016
... the view that many retirees rapidly spend their super and fall back on a full Age Pension. Used to support its 2016 pre-budget submission, the Colonial First State Income Stream Index research by Rice Warner and CFS found that 83% of the value of all ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 29 MAR 2016
... repo rate unchanged at 11% on March 18th saying inflationary risks remain high due to developments in the oil market and budget uncertainties. Policymakers also said rates may stay high for longer than previously planned, aiming to bring inflation to ...

Labor will announce retirement income priorities

DARREN SNYDER  |  MONDAY, 21 MAR 2016
... Superannuation Funds (CMSF) on Friday, Chalmers' comments were made prior to today's announcement by Malcolm Turnbull that the budget will be brought forward one week and that a potential double dissolution may occur in the Senate as a result of trying ...

Competitiveness at risk from STEM fall-off

WHITNEY FITZSIMMONS  |  MONDAY, 21 MAR 2016
... future for which we need to be competitive," said Gibson. In contrast to Australia, the UK government announced in its budget last week that it was considering making maths compulsory for school children right up to the age of 18.

We can do better for women in retirement: Senator

DARREN SNYDER  |  FRIDAY, 18 MAR 2016
... Robertson address at the Conference of Major Superannuation Funds in Adelaide yesterday, McAllister also called for women's budget statements to be reintroduced - something that was taken away by the Howard and Abbott governments. McAllister, who also ...

UK to introduce lifetime ISAs

ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
The UK government has just announced in its 2016 budget that it will be launching subsidised Lifetime Individual Savings Accounts that will allow people under 40 to save for their first home and retirement. The initiative follows a raft of other measures ...

Adequacy benchmark to help define super

DARREN SNYDER  |  WEDNESDAY, 16 MAR 2016
... the age pension to provide retirement income." He said mounting speculation about quick fix super changes in the federal budget leaves the AIST disappointed. "There can be no debate that some reform is needed, but we do not support short-sighted policy ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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