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Showing 101 - 110 of 827 results for "Basic"

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... unemployment before their date of disablement has been extended from 12 months to 24 months. Another new test is the 'unable to do basic activities associated with work ever again' replacing the earlier six tests that included 'specific illnesses or ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... benefits. This rose a whopping 136% annually. Singh said that many super funds still make it difficult for members to find basic information. "Some of the information still remains obscure. It's very hard to see for example, what your returns were ...

Tax miners, major corporates to tackle housing shortage: CFMEU

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2023
... housing. A super profits tax is the fairest way to raise the billions of dollars needed to guarantee every Australian has the basic right of shelter. "By taking back just a slice of exorbitant profits gouged from hard-working Australians, we can transform ...

Equip Super sets sights on being different

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2023
The $30 billion superannuation fund is firmly in its growth era, consolidating its multiple brands and products and unveiling a new look that it hopes will help achieve its ambitious plan of being "a different type of fund." Two years on from its official ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... treasurer Stephen Jones told an industry event in response to the findings. "Funds should know their members. That's a basic expectation. But the review finds that most funds have identified gaps in the information they need about their members. ...

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... efficiency gains, constructing a strategy paper for a new client now takes four hours. Two years ago, it took 5.6 hours. A basic Statement of Advice (SoA) for a new client took 8.1 hours but now takes 6.7 hours. For complex new clients, an adviser spent ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... clauses in their Enterprise Agreements. Suncorp's incorrect application of particular clauses has led to underpayment of basic employee entitlements and a large back-payment bill," Parker said. The Enterprise Agreement dictates that Suncorp must make ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... new policy. Birt typically enlists lawyers to help with this process. Transfer of assets take about three to four weeks. A basic AFSL that covers retail financial advice, superannuation, risk, and negative gearing currently has a market value of $20,000. ...

Advisers outsourcing to amplify investment capabilities: Mason Stevens

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... outsourcing key aspects of the process." Interestingly, the global trend of outsourcing investment capabilities extends from basic asset allocation and portfolio construction to the outsourcing of the chief investment officer function. The whitepaper ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... impact of the current rate of inflation, on the modern award for light employees, especially the low paid, to meet their basic financial needs," he said. "We have also had regard to the need to avoid entrenching high inflation expectations by taking ...