Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 216 results for "Equitable"

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... advisers exit, the higher the levy the remaining advisers will pay. The current formula to calculate the levy is not equitable or sustainable, and must be reviewed immediately before more practices are forced to close, the chief executive of the Financial ...

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... On 31 January 2020, following an application by ASIC, the Federal Court ordered Global Merces be wound up on just and equitable grounds. Seven months later, ASIC cancelled its AFSL. Since the fund shuttered, Grofski has been working at Long Reef Capital ...

ACSI launches new climate change policy

ELIZABETH MCARTHUR  |  MONDAY, 26 APR 2021
... physical climate change risk while also aligning policy and advocacy with the Paris Agreement and planning for a just and equitable energy transition.

IOOF subsidiary loses appeal

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... investors, demanded AET pay $82 million in compensation. Last year the Supreme Court ruled that Kerr was entitled to receive equitable compensation from AET in the amounts sought by him ($82.46 million) minus the receiver costs of about $1.6 million. ...

Land tax favourable over stamp duty: Survey

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... Financial Relations, also known as the Thodey report, earlier this year, which found a land tax would be more efficient and equitable than transfer duty. Of the 2.8 million properties in NSW in 2018-19, less than 200,000 owners contributed to the funding ...

Zurich to pay super on parental leave

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
... reducing the retirement savings 'super gap' most often experienced by women. These contributions will help drive more equitable outcomes of retirement savings over time," Zurich Life & Investments chief executive Justin Delaney said. Meanwhile, co-parents ...

Confusion over retirement income objectives

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... suggest that the objective for the retirement income system delivers adequate standards of living in retirement in an equitable, sustainable and cohesive way. But this is "ambiguous" and must be elaborated. In terms of retirement income being "adequate" ...

Retirement income failing Aboriginal, Torres Strait Islander people

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
Creating equitable retirement outcomes in Australian society should be an objective of the retirement income system, but the Retirement Income Review raised concerns about some falling through the gaps. In 2018, the median super balance for Aboriginal ...

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... retirement system. It suggested the objective should be: "To deliver adequate standards of living in retirement in an equitable, sustainable and cohesive way." To achieve this the retirement income system must focus on equity, be cost-effective and sustainable ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
... attempting to manage the tension between increased claims and less insured members, ensuring the offering was sustainable and equitable. The super fund also made changes to its investment fees, effective this month, which eventuated from increased indirect ...