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Showing 1161 - 1170 of 4011 results for "Accounts"

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... 5 account will staple new employees to their existing super fund in a bid to curb them from having multiple duplicate accounts. New employees who start a new job on or after 1 July 2021 will see contributions into their stapled fund.

AMP Capital invests in UK port

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
... with an additional US$1 billion in co-investment rights and another US$1.2 billion from investors in separately managed accounts, according to Infrastructure Investors' March 2020 report. The report ranked AMP Capital, with a total of US$10.9 billion ...

T. Rowe Price launches entity, restructures

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... Rowe Price Associates (TRPA), nor does the firm expect any changes to fees or services provided to the funds and client accounts," T. Rowe Price said. President and chief executive William J. Stromberg commented: "We recognise that this is a change for ...

ASIC takes SMSF accountant to court

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
... retirement benefits. ASIC also determined that by recommending her accountancy practice, Saber Accountants, prepare the annual accounts and tax returns for SMSF clients, she had effectively recommended the services of a related party for her own monetary ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... the need for more government spending. Not only that, the price of iron ore keeps on going and going... up. Iron ore accounts for over 25% of Australia's total goods exports. To date, iron ore prices have rallied by 57.5% from this year's low ...

Retirement income failing Aboriginal, Torres Strait Islander people

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... First Nations Foundation notes that Aboriginal and Torres Strait Islander people are more likely to have multiple super accounts with balances being eroded by fees, there is a lack of data on this issue. It is not possible to quantify how much this really ...

SG rise no real benefit to women: Review

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
... back on if their super isn't adequate. This is particularly true for women, and those who have had to drain their super accounts to get through the COVID lockdown. The increase to 12% super is critical for them to have financial security in retirement," ...

Underinsurance gap worsens: Research

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... underinsurance report. The PYS and PMIF legislation in particular have played a key role in attempting to remove duplicate accounts and unnecessary insurance through the ceasing of default insurance cover for young members, inactive accounts and low ...

Aussies reunited with $1bn in lost super

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... after super funds have sent ATO's latest consolidating lost and inactive account balances. People with inactive super accounts with balances of less than $6,000 will see the balance transferred into their active super account. But if the balance is less ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
... financial adviser has pleaded guilty to misappropriating $2.9 million of client funds by transferring the money to his own accounts for personal use. Ross Hopkins from NSW, appeared at the Downing Centre Local Court, where he pleaded guilty to 15 offences ...