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Showing 1501 - 1510 of 8106 results for "Total"

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... who rely on regular withdrawals from their account-based pensions to cover living expenses face an effective tax if their total super balance exceeds $3 million at the end of a financial year. The tax burden increases when the pension is added back to ...

AustralianSuper to decrease premiums

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
... death and TPD cover drop. About 97% of AustralianSuper's insured members will receive a premium reduction across death, total and permanent disability, and some income protection policies from May 27. The weekly cost of death cover will drop by an average ...

ClearView enhances ClearChoice products

CASSANDRA BALDINI  |  MONDAY, 27 MAR 2023
... also be available on policies with a 90-day waiting period. This is on top of the existing 30- and 60-day waiting periods. Total and permanent disablement cover will also be extended to age 70, with a change in definition at age 65. ClearView explained ...

Industry fund bags consecutive customer experience award

ANDREW MCKEAN  |  MONDAY, 27 MAR 2023
... measures the quality of customer interactions with organisations over a 12-month period. From January to December 2022, a total of 204 major Australian companies from seven sectors, including 16 super funds, were covered in the study. The results, comprising ...

February exam records 67% pass rate

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... counted 20,425 individuals sat the exam. Some 93% or 18,890 candidates that sat the exam have passed. About 15,850 of the total pool are current financial advisers on ASIC's Financial Adviser Register (FAR), representing 99% of the register. There were ...

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
... in 1988 and has about $16 billion in funds under management. As at September 2022, BT Panorama Super had $46.5 billion in total. The trustee of Retirement Wrap, BT Funds Management, considered the potential risks and best financial interests of all fund ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... market infrastructure, the ASX may experience a dynamic shift in its competitive landscape. The ASX accounted for 82.8% of total dollar turnover in equity market products during the December 2022 quarter, but its dominance may begin to diminish as businesses ...

Virgin Money Super ups premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2023
... cover automatically receives five units of cover, valued at $35,200 per unit. Their weekly premiums will now be $4.55 for a total cover amount of $176,000. There will be no change to premiums for income protection insurance. There is also no change to ...

Former director hit with dishonesty charges

ANDREW MCKEAN  |  WEDNESDAY, 22 MAR 2023
... maximum penalty of 15 years imprisonment. Alternatively, offenders may face a fine of up to $945,000 or three times the total value of the benefits gained, or a combination of both penalties. The matter is being prosecuted by the Commonwealth Director ...

Menopause: The silent economic crisis

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... injury or disability". The percentage of women between 55 and 59 that cite the same reasons is almost half at 23.7%, but the total number of female retirees in each age group is broadly similar, AIST said. AIST said a difference of 21.2% between otherwise ...