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Showing 1321 - 1330 of 4002 results for "Personal"

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... ATO warned. "Withdrawing your super early and then recontributing that amount back into your super fund and claiming a personal super contribution deduction, can result in a range of tax outcomes." The ATO said individuals may face paying additional ...

Australia lagging on robo-advice

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
... considering using robo-advice in the future," Peker said. "The recent launch of solutions like CommSec Pocket and Vanguard Personal Investor gives Australians greater access to low cost, diversified portfolios. "But to stand out, providers must demonstrate ...

Vanguard adds to Aussie executive lineup

ALLY SELBY  |  FRIDAY, 19 JUN 2020
Vanguard has appointed a new lead for its Personal Investor business, as the incumbent steps down for opportunities abroad. Balaji Gopal has been appointed as Vanguard Australia's new head of Personal Investor, and will also join the investment ...

First virtual MAX Awards go live tonight

JAMIE WILLIAMSON  |  THURSDAY, 11 JUN 2020
The first virtual Financial Standard MAX Awards will go live from 6pm tonight, celebrating the best and brightest in advertising, marketing and sales. Now in their 25th year, and first as a virtual event, the MAX Awards will be presented online hosted ...

Life insurance activity rises: MetLife

ELIZA BAVIN  |  TUESDAY, 9 JUN 2020
Australians are taking a more active interest in their insurance and superannuation, as the impact of COVID-19 on personal finances continues to be felt, according to MetLife. The new research from MetLife found one in four Australians, or 28%, have ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
Within the next decade, the number of superannuation funds serving Australians will drop by 60%, according to a new KPMG report. New KPMG research shows the 217 APRA-regulated superannuation funds will shrink to 138 within the next five years, with ...

Calls for overhaul of AFSL system

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUN 2020
... "This is an appropriate approach and acknowledges the relationship between a client and their financial planner is a personal relationship, not one between an AFSL and the client. "Future reforms to the regulation of financial advice should occur through ...

Magellan to use BasisCode for trading compliance

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
Magellan Financial Group will use Atlanta-based BasisCode Compliance LLC as the provider of its personal trading system. Magellan will implement BasisCode's Essential, Personal Trading Manager and Insider Trading Manager products. The ASX-listed fund ...

Super withdrawals being misused

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... who puts their hand up. It's a situation that was entirely avoidable." Meanwhile, 14% of the money was used to repay personal debts. 11% was spent on gambling. Bligh urged the government to institute some "checks and balances" for the next round of early ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
ASIC has cancelled the Australian financial services licenses of Western Australia-based, Personal Risk Management and Melbourne-based Australian Golden Securities ASIC said Personal Risk's cancellation took effect on 21 May 2020, after the company ...