Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1531 - 1540 of 4970 results for "Practice"

ATO called to assist in early release super scheme

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... of their superannuation, in two tranches of $10,000 each. The convenor of the Actuaries Institute's Superannuation Practice Committee, Tim Jenkins, said short-term demand from investors for early access to their superannuation would exceed $25 billion ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... could be the solution. "The super funds could borrow from the Reserve Bank, using super fund assets as collateral (a practice known as repurchase agreements or repos)," he said. "These specific repos would need to be at a zero interest rate, to match ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... the consumer and their interests," the FPA said. The association also recommended ASIC monitor the increasing costs to practice as a planner, such as through government fees and charges, cost-recovery levies and increases to professional indemnity insurance ...

Stand still, get left behind

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
... know it. Right now, it's fashionable, but in three or four years from now, sustainable investing will be standard practice." This bandwagon mentality may be driven for a large part by everyday citizens calling for action from their superannuation ...

ATO cracks down on HNWs

ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
The Australian Taxation Office has announced it will be expanding its Tax Avoidance Taskforce and introducing a new program targeting high wealth private groups. The ATO said in the 2016-17 financial year high wealth individuals and groups avoided paying ...

Life insurers are doing their best: FSC

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... cases dating back to June 2017 and found that timeframes for claim processing as outlined in the Life Insurance Code of Practice were not met. The review of 11 subscribers to the code's compliance came about after the LCCC received more than 700 alleged ...

Life insurers breach own code consistently

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
Law firm Maurice Blackburn has called out the life insurance industry, saying insurers breached their Code of Practice hundreds of times in just six months. The Life Code Compliance Committee (LCCC) conducted an investigation and found many insurers ...

BT's transition not so super

KANIKA SOOD  |  MONDAY, 9 MAR 2020
... throughout the process. It also said omitting member-specific information from the communication was standard industry practice and done for security reasons. One member said BT's online complaint form lead to an error message saying "Are you super ...

Super women: Female-led funds on top

ALLY SELBY  |  FRIDAY, 6 MAR 2020
Super funds with female trustees and female leaders can boost their member's super by $100,000 over their working life. That's according to the latest data coming out of Rainmaker Information, which found that female-led funds with MySuper products ...

Stanford Brown hires Deloitte director, acquires firm

KANIKA SOOD  |  WEDNESDAY, 4 MAR 2020
... firm has hired a senior director from Deloitte, as it kicks off its accounting offering with an acquisition of a local practice. Stanford Brown has appointed Dean Crossingham to head the accounting business. Crossingham was most recently a director in ...