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Showing 2091 - 2100 of 4815 results for "July 19"

SG non-compliance declining: ATO

KARREN VERGARA  |  FRIDAY, 13 APR 2018
Most employers and super funds are complying with superannuation guarantee (SG) obligations, but latest ATO data shows there are still some breaching SuperStream standards. Over 2016-17, SuperStream processed 135 million contributions - about five million ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
The Association of Financial Advisers (AFA) has slammed the Parliamentary Joint Committee's report on life insurance, highlighting several aspects as surprising, perplexing and disappointing. The AFA hit out at the PJC's assessment of the direct, group ...

CommInsure, OnePath enhance digital experience

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
Applying for life insurance and making claims is now much easier for financial advisers and customers of CommInsure and OnePath. CommInsure is the latest to partner with underwriting rules engine UnderwriteMe. Through the partnership, the complexity ...

FASEA announces leadership transition

DARREN SNYDER  |  TUESDAY, 10 APR 2018
Financial Adviser Standards and Ethics Authority (FASEA) chief executive Deen Sanders is stepping down after about seven months in the role. An announcement on FASEA's website today said Sanders will continue his long-standing career in professional ...

Lawyers slam life insurers in Royal Commission

KARREN VERGARA  |  FRIDAY, 6 APR 2018
The life insurance industry is failing to prove it can self-regulate via its two "deficient" codes, according to Maurice Blackburn Lawyers' submission to the banking Royal Commission. There have been more than 700 breaches of the Life Insurance Code ...

Increasing SG is not the answer: O'Dwyer

KARREN VERGARA  |  THURSDAY, 5 APR 2018
Federal Revenue and Financial Services Minister Kelly O'Dwyer has rebuffed the Labor Party's push to raise the superannuation guarantee (SG), pointing out several reasons why this is not the only answer to help boost retirement savings. O'Dwyer told ...

Two industry funds merge

KARREN VERGARA  |  THURSDAY, 5 APR 2018
Two industry superannuation funds will merge to create a $10.3 billion superannuation fund with about 125,000 members. NGS Super and QIEC Super will operate as one entity from 1 November 2018; QIEC Super will become a subdivision of NGS Super in the ...

Merged super funds save $30m for members

KARREN VERGARA  |  WEDNESDAY, 4 APR 2018
Members of two newly-merged industry funds are due to reap cost savings of $30 million per year once the transition finalises on May 12. Sunsuper and Kinetic Super announced in April 2017 the consolidation will result in a single fund with more than ...

Industry welcomes pensioners' dividend tax policy exemption: Poll

KARREN VERGARA  |  TUESDAY, 3 APR 2018
The Labor Party's move to protect aged pensioners from its proposed excess dividend imputation credit reform is welcomed by the majority of the industry, Financial Standard's latest spot poll shows. Prior to shadow treasurer Chris Bowen announcing pensioners ...

New law tightens unpaid SG penalties

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
Employers robbing staff of superannuation entitlements could face court-ordered penalties and even jail time under a new law designed to combat the $2.85 billion unpaid super problem. Minister for Revenue and Financial Services Kelly O'Dwyer introduced ...