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Showing 1331 - 1340 of 5876 results for "July"

CBA adds $32m to advice remediation bill

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... parties. CountPlus paid the bank $2.5 million to purchase Count Financial, finalising the sale at the end of August 2019. On 30 July 2020, CountPlus and CBA had entered into an agreement to increase the limit of that indemnity to $300 million. "The potential ...

Equip, Catholic appoint acting CIO

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... investment officer, as it looks for a permanent replacement for Anna Shelley, who is leaving for AMP Australia. Effective July 1, Darren Rosario will act in the role. Rosario is currently the head of portfolio management and was the second-in-command ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... Australians by abolishing the work test, extending access to downsizer contributions and improving the Pension Loan Scheme. From 1 July 2022, those aged between 67-years-old and 74-years-old will no longer be subject to meeting a work test before making ...

Personal, business tax cuts revealed

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... tax rate of 30% of less. However, small and medium businesses will benefit from a tax rate reduction from 30% to 25% from 1 July 2021. Further to this, the government has extended temporary full expensing until 30 June 2023. As announced last year, over ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... Retirees will also benefit from no longer being required to meet a work test before making voluntary contributions to super from July 2022 and the downsizer scheme being extended to those aged 60 and over. Currently, it is only available to those 65 ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... women, the need for Aussies to earn more than $450 a month in order to qualify for SG payments is being abolished from 1 July 2022. It's expected to cost about $31.5 million over the forward estimates. "The government is focused on improving retirement ...

AMP Australia announces new leadership team

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... operational accountability," said AMP Australia chief executive Scott Hartley. "The four new leaders will be in place by July this year. They bring the skills and experience needed to help AMP deliver the transformation of its business and will complement ...

Rest offers extra parental leave

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... membership are women. Superannuation Guarantee contributions has been a key feature of Rest's parental leave offering since July 2016, Doyle said. "Paying super contributions during parental leave is an important measure to minimise gender inequality ...

Sunsuper raises ICR by 19bps

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... Sunsuper's balanced option currently charged ICR of 40bps per year, which totals $200 for every $50,000 invested. Effective July 1, this will increase to 59bps, or $295 for the same amount. The ICR includes all investment-related expenses that are ...

UniSuper to open doors to public

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... The $95 billion industry fund for the higher education and research sector is opening the fund to the general public. From July 5, UniSuper will allow new members to join the fund which is currently has 450,000 members made up of employees of the sector ...