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Showing 141 - 150 of 988 results for "Death"

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... of large withdrawals on exempt current pension income (ECPI), not wasting losses and/or negative earnings, and any tax on death benefits.

SMSFA prepares delegates for major super tax reform

KARREN VERGARA  |  MONDAY, 5 FEB 2024
... "A variety of speakers will talk about how the proposed $3 million tax is going to affect advising clients, be it from a death benefit or contributions perspective or via investment strategies. There'll also be discussions on alternative investment ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... their confidence in the superannuation system is likely to be undermined; nowhere is this more evident than in relation to death benefit claims handling. "We are aware of a significant increase in complaints to the Australian Financial Complaints Authority ...

Qantas Super reduces premiums again

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... of cuts. On January 1, Qantas Super premiums for income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement (TPD) cover were lower by about 16%. TPD cover, for example, for members aged up to 30 ...

AustralianSuper in talks to extend administration services mandate

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
... conditions for ongoing service delivery, particularly as the super fund takes on internalising complex processes such as death claims and member complaints. Notably, AustralianSuper has today flagged that it will insource death claims management with ...

Allianz Retire+ adds 'industry first' feature to AGILE

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2023
... option, which enhances eligibility for the Age Pension through reduced treatment for the assets test, while limiting the death and withdrawal benefit. "After consultation with the advice and trustee community we know a key issue for some clients when ...

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... it is not inevitable. Berkshire's advantage is that it has been built to last," he said. Buffett said that after his death, the disposition of his assets will be an open book. "No "imaginative" trusts or foreign entities to avoid public scrutiny ...

Vale Charlie Munger

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... Charlie Munger, the brilliant mind behind much of Berkshire Hathaway's success, has passed away at the age of 99. His death was announced this morning by the Omaha-based investment company he helped lead alongside legendary investor and long-time ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... like group insurance, met certain thresholds. For instance, insurers can use results where the total amount of lump sum death cover is greater than $500,000. However, APRA statistics show the average sum of insured individual policies of lump sum death ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... pandemic," she said. "Financial stress is one of the most severe mental distresses, compared in magnitude with the effect of the death of a relative." Bullock flagged that more increases are on the table. "Whether further tightening of monetary policy ...