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Showing 211 - 220 of 1731 results for "Minimum"

Rest calls for removal of minimum work hours for super

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
Rest has urged the Australian government to remove the minimum hours rule for the superannuation guarantee to apply. Research conducted for Rest by CRNRSTONE found 82% of Australians think the law should be changed so that Australian workers - many ...

ASIC slams funds' serious deficiencies over advice fee charges

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... providing advice or the advice needs of their members in relation to superannuation interests." Only three trustees require a minimum residual balance before payments may be charged to a member's account or other balance conditions to guard against erosion ...

AustralianSuper announces insurance changes

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... automatically increases (or decreases) as you get older. "The basic (default) age-based cover amounts are designed to provide a minimum amount of cover for changing needs as you get older. Fixed cover will still be available for members who want to apply ...

ClearBridge launches first local global equity fund

KARREN VERGARA  |  MONDAY, 29 APR 2024
... and has been in operation since 2012. It has returned 15.3% over 10 years versus the index's 12.5%. It requires a minimum initial investment amount of $20,000. New York-based ClearBridge head of global growth Elisa Mazen is one of the portfolio managers ...

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... O'Neill froze the ability of fund managers' Significant Investor Visa-compliant (SIV) products, which require a minimum investment of $5 million and essentially fast track residency in Australia, to attract potential investors. The Financial ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... increased to $500 million from $392 million year-over-year, which the wealth management firm said reflected the increase to minimum drawdown limits from July 2023. The positive net cashflows, along with stronger investment markets contributed to platforms ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... it wouldn't shield super from future policy changes. "For most low-income earners, if we're trying to support a minimum standard of living, it's really going to be done via the Age Pension, rent assistance and other supports," the Grattan ...

Calls for fresh 5% hike to minimum wage

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
The Australian Council of Trade Unions (ACTU) will seek another 5% increase in the minimum and award wages as part of its submission to the Annual Wage Review. Each year, the Fair Work Commission hears from unions, employers, and governments before ...

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... investments they consider appropriate," the firm said. Corporate watchdog ASIC, meanwhile, is recommending raising the minimum net assets requirement from the existing $2.5 million to $5 million, as well as the gross income threshold from $250,000 to ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... not supported by the information on file expenditure analysis was not recorded or completed so it was not clear what the minimum income need was or what proportion were essential expenses information about wider financial circumstances, for example ...