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Showing 1351 - 1360 of 3275 results for "April 2018"

MLC Life Insurance reviews terms and definitions

KARREN VERGARA  |  FRIDAY, 26 APR 2019
MLC Life Insurance has introduced a number of updates to its definitions and terms across three brands. Changes to TPD, critical illness and income protection covers will apply to MLC Insurance, MLC Insurance (Super) and MLC Insurance (wrap or SMSF) ...

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
AMP's technical superannuation adviser support team saw a rise in the number of advisers querying tax deductions for personal superannuation contributions last month. Data from more than 2090 calls made by advisers last month showed more clients were ...

ASIC bans Gold Coast adviser

ELIZABETH MCARTHUR  |  TUESDAY, 23 APR 2019
ASIC has banned a Gold Coast financial adviser from providing financial services for six years. ASIC found that Rodney Peters represented to clients that he had authority to engage in discretionary trading when this was not the case. Peters was previously ...

Superannuation fund drops fees

KARREN VERGARA  |  TUESDAY, 23 APR 2019
After switching administrators, a $15 billion superannuation fund has dropped a number of its fees. CareSuper has removed several fees from 1 April 2019, including contribution splitting fees ($50), family law splitting fees ($40) and exit fee on withdrawals ...

Colonial First State makes major fee cuts

KANIKA SOOD  |  THURSDAY, 18 APR 2019
Colonial First State has trimmed its platforms fees, in a move it says will save $68 million in annual fees for 500,000 members. The fee reductions apply across its FirstChoice Wholesale, FirstChoice Employer Super and FirstWrap Plus platforms. They ...

ASIC targets misleading member communication

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
ASIC warned it may take action on superannuation funds that send misleading communication to members about inappropriate fees and insurance premiums. The warning comes in light of the Protecting Your Super package (PYSP) reforms, which are due to take ...

Tribeca fund cops another departure, downgraded

KANIKA SOOD  |  WEDNESDAY, 17 APR 2019
Tribeca Investment Partners' $978 million Alpha Plus Fund has seen another departure from its investment team after long-standing portfolio manager Sean Fenton fled the coop earlier this month. Quantitative analyst Peter Moore resigned on April  ...

Industry welcomes tax cuts and surplus

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Personal tax cuts and the $7.1 billion estimated surplus announced were the main highlights of this year's Budget, Financial Standard 's latest straw poll shows. More than a third or 35% of participants highly favoured the tax cut proposals ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
Equity markets everywhere may not be climbing in a straight line, but they are climbing. This is happening against a backdrop of continued global economic and financial uncertainties. In its 'World Economic Outlook, April 2019' report - where ...

Macquarie expands US funds management

KANIKA SOOD  |  FRIDAY, 12 APR 2019
Macquarie Investment Management has purchased the mutual fund assets of a 145-year-old American financial services organisation. Foresters Investment Management Company which acts as the investment adviser of the First Investors funds entered into a ...