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Showing 221 - 230 of 2073 results for "Apply"

BlackRock lowers management fees on ETF

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... Asia 50 ETF (IAA) have been lowered from 0.50% per annum to 0.29%. In addition, contribution and withdrawal fees - which apply to authorised participants only - will increase, and IAA will gain exposure to the relevant index by investing directly in ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... fund is charging them multiple fees, with one third having never reviewed or compared fees across funds. Most super funds apply multiple charges to account holders, including administration fees, investment fees, transaction fees, insurance premiums ...

EBC expands local offerings to HNWIs, instos

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
UK wealth management and brokerage firm EBC Financial Group (EBC) has scored a new AFS Licence (AFSL) and is ready to take on institutional investors and Australia's growing high-net-worth population. London-based EBC provides financial brokerage, asset ...

TAL changes underwriting limits

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... permanent disability (TPD), and income protection insurance applications. For life and TPD, customers aged 49 and younger can apply for up to $2 million in cover without mandatory medical tests. This was increased from $1.5 million. For income protection ...

ASIC cancels fewer AFSLs in FY24

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
... engagement process." ASIC is currently building a new digital portal for AFSLs and applicants to make it easier and efficient to apply for, maintain, and vary their licence. It is due to go live in early 2025.

GESB adopts Protecting Your Super reforms

JAMIE WILLIAMSON  |  MONDAY, 30 SEP 2024
... this amended so that GESB members can continue making concessional contributions to their account, however it will only apply to existing members. GESB has said implementing this change will improve its sustainability and ability to compete within the ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... impact on retirement income and spending. Instead, homeownership was also considered when determining which asset limit to apply when calculating the Age Pension. "The treatment of mortgages in the calculators was also disappointing," the research said. ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... particular case involved determined members (those with workplace agreements), there are questions about how the judgment could apply to default or MySuper members, depending on the nature of the fund's trust deed, he said.

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... released yesterday, is also to provide a "more flexible avenue for allocations from superannuation reserves." This would apply to legacy lifetime, life expectancy, and market-linked income stream products that commenced before 20 September 2007 or were ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... by the ATO, comprising: A general interest charge that will continue to accrue daily until payment is made and will also apply to any outstanding administrative levies not paid An SG charge payment penalty, which will be an additional penalty applied ...