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Showing 2061 - 2070 of 4838 results for "EAC"

KPMG sells $2bn super admin business

ALEX BURKE  |  MONDAY, 26 FEB 2018
KPMG has entered into an agreement to sell its superannuation administration business, which has about $2 billion in funds under management. KPMG Superannuation Services was established in 1989, initially for a single superannuation fund client. This ...

ASFA slams Grattan's super proposals

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
The Association of Superannuation Funds of Australia (ASFA) has slammed the Grattan Institute's key proposals to close the persistent gender gap in superannuation. Grattan Institute fellow Brendan Coates authored a white-paper that said superannuation ...

Advisers cautious over fixed income allocations

DARREN SNYDER  |  THURSDAY, 22 FEB 2018
The $600 billion sitting in Australian term deposits tells a story that financial advisers and investors still treasure cash and there's apprehension to move money into once defensive fixed income assets. J.P. Morgan global market strategist for Australia ...

Tax adviser registrations swell

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2018
The total number of registered tax (financial) advisers has returned to 19,000, despite 6000 failing to renew their registration by the end of 2015. According to the Tax Practitioners Board, about 13,000 of the 19,000 registered tax (financial) advisers ...

Vertically aligned institutions pay $21.4m compensation

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2018
ASIC said clients of the big four banks and AMP who received non-compliant financial advice will be compensated a further $21.4 million. This adds to the $30 million compensation bill ASIC announced in March 2017 after it investigated how large institutions ...

Tax strategies boost retirement savings: Research

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2018
Tax-efficient strategies can boost retirement savings by more than $200,000 from accumulation to retirement phase, according to Parametric. The firm's latest research debunks the myth that trying to achieve tax efficiency within a super fund's equity ...

ATO closely monitoring SMSF balance caps

KARREN VERGARA  |  MONDAY, 19 FEB 2018
The ATO is closely monitoring self-managed super funds (SMSF) that breach the transfer balance cap and has already issued several alerts to members close to breaching the cap. ATO deputy commissioner for superannuation James O'Halloran told the 2018 ...

Global firm builds Aussie equities team

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
A global investment manager appointed four new portfolio managers to its Australian equities team, joining from the likes of Vanguard, BlackRock and IFM Investors. Joining Invesco's Melbourne-based Invesco Quantitative Strategies (IQS) group are Neil ...

IOOF boosts flagship platform

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
IOOF is increasing efficiencies for financial advisers through a raft of enhancements to its leading retail platform, including non-lapsing binding nominations. Advisers using the IOOF Pursuit platform no longer need to update binding nominations every ...

AustralianSuper slashes insurance premiums

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
Australia's largest superannuation fund is reducing insurance premiums that will save members $100 million over the next financial year. From May 2018, AustralianSuper and life insurance partner TAL will decrease life insurance premiums by 14% for death ...