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Showing 1781 - 1790 of 6733 results for "Review"

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
The New Zealand government's review of default KiwiSaver providers has resulted in AMP not being reappointed. New Zealand's default retirement savings scheme KiwiSaver works by having a network of default providers which manage client money in balanced ...

Deborah Ralston joins Household Capital

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
... Kell, Gary Weaven, Alastair Peattie, Bob Officer, and Peter Harris. Ralston played a key role in the Retirement Income Review as a member of its panel and was recently appointed to an advisory panel established by Allianz Retire+ that will look to drive ...

CBA adds $32m to advice remediation bill

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
The Commonwealth Bank has upped its indemnity bill to $252 million for dodgy financial advisers who were part of its former subsidiary Count Financial. CBA sold off Count Financial to CountPlus in mid-2019. At the time, CBA provided $200 million in ...

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... parental leave is an easy and obvious fix." The Actuaries Institute said the budget had not leveraged the Retirement Income Review report's findings. "...such as measures to help non-homeowners (renters) in retirement, in particular some of the most ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... superannuation system," Frydenberg said. "On average women retire with less superannuation than men." The Retirement Income Review found that 63% of those earning less than $450 a month are women. It also found that the current median gender gap in superannuation ...

TAL fund in SFT

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
TAL Superannuation and Insurance Fund members will be transferred to a new fund under a successor fund transfer. On 31 May 2021, all members of the $1.1 billion TAL Superannuation and Insurance Fund will be transferred to Mercer Super Trust by way of ...

Government launches digital economy strategy

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... cyber security in government, data centres and future telecommunications networks. A part of the strategy is undertaking a review of venture capital tax concessions which are the existing Venture Capital Limited Partnership (VCLP) and Early Stage Limited ...

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
AMP Australia is reducing fees on its platforms, in a bid to attract more clients. Its flagship MyNorth wrap reduced administration fees by up to 22% effective May 1 for balances above $250,000. Administration fee caps for individuals are reducing by ...

Former adviser cops eight-year ban

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... fail to comply with the financial services law," ASIC said. She has appealed to the Administrative Appeals Tribunal to review of ASIC's decision. Lee joins a long list of former advisers in the Banned and Disqualified Persons Register. Most recently ...

ASIC not recommending general advice change

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... is the first step to make lasting change. At an appropriate point after renaming 'general advice', the government should review the use of general advice to determine whether further changes are needed to protect consumers," chief executive Dante De ...