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Showing 1201 - 1210 of 2988 results for "ARRA"

Grandfathered commissions on the outer: Poll

DARREN SNYDER  |  MONDAY, 28 MAY 2018
Six in 10 Financial Standard readers believe grandfathered commissions on superannuation and investment advice should be phased out. Starting May 14, the publication's latest spot poll asked readers whether grandfathered commissions on superannuation ...

Global investment giant to acquire Investa fund

ALEX BURKE  |  MONDAY, 28 MAY 2018
One of the world's biggest private equity managers submitted an all cash proposal to acquire an ASX-listed Investa fund. Blackstone's indicative and non-binding proposal is to acquire the Investa Office Fund (IOF) at a price of $5.25 per unit ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
For 12 months starting today, employers with a history of underpaying the superannuation guarantee will have a chance to "wipe the slate clean" and clear any pile of unpaid super without copping late payment penalties from the Government, according ...

Industry fund increases life insurance engagement

JAMIE WILLIAMSON  |  THURSDAY, 24 MAY 2018
Members of a $9 billion industry superannuation fund are set to benefit from greater control of their life insurance arrangements. Vision Super will roll out MLC Life's group insurance digital portal, LifeView, to its 100,000 strong membership. MLC ...

APRA urges super funds to examine board skills

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
The prudential regulator is asking superannuation fund licensees to reconsider whether board members contain the requisite mix of skills and capabilities to fulfil their role. The regulator sent all registrable superannuation entities (RSEs) a letter ...

Gig economy intriguing millennials: Deloitte

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
Latest research from Deloitte shows 43% of millennials envisage leaving their job within two years. The accounting firm's 2018 survey into millennials and Gen Z shows the two generations do not hold much loyalty to their employer, and are intrigued ...

ASIC and FPA submit recommendations to RC

HARRISON WORLEY  |  FRIDAY, 11 MAY 2018
ASIC and the FPA have made several recommendations to the Royal Commission, including eliminating the practice of grandfathered advice commissions. In its second round submission to the Commission, ASIC said it was concerned ongoing advice arrangements ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
More changes to Australia's $2.6 trillion superannuation system, additional funding to the nation's financial services regulators, personal tax cuts and additional pensioner benefits are the major talking points of Budget 2018. The 2018 Budget is arguably ...

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
The Federal Government will mandate that superannuation funds no longer have opt-out life insurance arrangements for members under 25 and those with low balances. Budget papers said this was being done as a means of "protecting Australians' retirement ...

Fees for no service an old issue: AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
Responding to Royal Commission findings, AMP says its fees for no service issue is old news; preparation of a Clayton Utz report into the issue has been overstated; and its misleading representations to ASIC have also been overstated. The 28-page response ...