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Showing 101 - 110 of 1518 results for "Minimum"

Mercer proposes superannuation tax overhaul

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... earners, introducing a maximum super benefit ($3.4 million) at age 70, and requiring all super benefits to be subject to minimum drawdown rules. Mercer senior partner David Knox said the recommendations would improve the super tax system now and into ...

Netwealth rolls out platform enhancements

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
... will allow advisers and clients to track and respond to tasks, such as corporate actions and account notifications, like minimum cash balances. "For advisers, staying on top of clients' super and investment accounts is a critical part of their daily ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
... 2017 increases in super guarantee and changes to the income tax brackets. "A worker must earn less than the full-time minimum wage to be eligible for this tax concession, making the LISTO an equity measure that does not adequately compensate most of ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... products, requires significant resourcing to ensure quality member outcomes," Cole said. "These licence conditions set the minimum standard for governance, risk, outsourcing and oversight, and member outcomes to ensure that Diversa is in the best position ...

Bloom raises $500k in seed funding

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
... Impact offers retail investors access to a diversified growth portfolio of assets that meet climate impact goals with a minimum investment of $500. The $525,000 seed round funding will be used to hire one full-time business development resource, improve ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... providing appropriate advice for members moving into retirement, but it is expected that any recommendations will take a minimum of three years to implement, KPMG said. Super funds are looking to digitise and transform their operations to reduce costs ...

Adviser salaries to jump in 2023: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 11 JAN 2023
... According to Kaizen Recruitment, adviser salary guides have increased year on year by around 16%. "A senior adviser with a minimum of five years' experience will be looking at $140,000 to $180,000, inclusive of superannuation," Kaizen Recruitment ...

FSC releases claims handling standard for super funds

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... group life insurance claims in superannuation. The FSC's new standard replaces existing voluntary guidance and sets a minimum level of service that consumers can expect to receive when making a claim on their life insurance through their super fund. ...

ASIC takes civil action against Firstmac

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... for term deposits ranged from 30 days to two years, whereas the recommended investment timeframe for High Livez was a minimum of three years up to five years. The TMD indicated that customers seeking an investment timeframe of two years or less were ...

Cboe Australia, XTB launch retail corporate bonds

CASSANDRA BALDINI  |  TUESDAY, 13 DEC 2022
... Australia said the asset class is important but is "often overlooked" and unlike bonds in the wholesale market, XTBs have no minimum investment. It added XTBs provide investors with a known income stream and defined maturity date, by replicating the ...