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

Search Results

Showing 201 - 210 of 648 results for "Income Stream"

Industry super fund discounts investment fees

KARREN VERGARA  |  TUESDAY, 30 JUL 2019
... see a 0.04% fee decrease, resulting in a $103 saving per year for those with an average balance. Members with an income stream will save $213 per year. Investment fees for the balanced growth option will reduce from 0.69% to 0.66% per annum. The change ...

Australian fintech, Deliveroo partner

KRISTI CHENG  |  TUESDAY, 23 JUL 2019
The food delivery provider has partnered with an Australian fintech appto help their riders during tax time and accrue retirement savings. Deliveroo partnered with Solo & Smart, a mobile app designed for the self-employed in Australia, offering automatic ...

ATO clarifies SMSF death benefit income streams

KARREN VERGARA  |  MONDAY, 22 JUL 2019
... cashed as soon as practicable. This is by immediately cashing the benefit in the form of a new retirement phase income stream as soon as they become aware of the breach; cashing the benefit in the form of a lump sum; and rolling over the interest that ...

Corporate fund updates members on fee changes

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
... changes affect Accumulate Plus, which has eight investment options, and Retirement Access products, which provides income stream payments. On a per annum basis, estimated investment fees for the following investment options have decreased: Australian ...

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
The Federal Government has announced changes to deeming rates, a move welcomed by over 600,000 age pensioners. The Department of Human Services (DHS) will backdate deeming rates from 1 July 2019. The lower deemed rate will drop from 1.75% to 1%, while ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
... The global firm managed about $7.5 billion in Aussie equities at December end. "They have a history of delivering income stream/dividends in accordance with stated investment objectives over the long term," OnePath said. The fund also picked Carlos Cocaro ...

Boutique appoints portfolio manager

KANIKA SOOD  |  WEDNESDAY, 8 MAY 2019
... record of generating alpha and we are delighted to have him join our team. Vertium aims to deliver a low risk equity income stream to retirees and Tomas has all the right attributes to help us achieve this objective," Teh said. The team now has four ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
Lively discussion broke out during the first Challenger Financial Standard Technical Services Forum for 2019 in Sydney yesterday, with the consensus being financial advisers must be across which products are exempt from means testing. Challenger head ...

Hostplus partners to launch PE emerging managers program

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
The industry superannuation fund is partnering with a global private investments firm to establish a private equity emerging managers program in the US. Global private investments firm Flexstone Partners, which is an affiliate of Natixis Investment ...

Franking changes feared by shareholders

HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
... for medical expenses and buying groceries. "In this context, it would be very disappointing to see this retirement income stream taken away from them," he said. Freeman also pointed to the continued faith retail investors placed in Australian companies ...