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Showing 2451 - 2460 of 10710 results for "May 19"

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
The Australian Taxation Office (ATO) has confirmed it is still working with the Australian Federal Police (AFP) to crack down on early release of super scams which cost Australians over $6 million. Combined, the value of scams rose 23% in 2020, with ...

Industry fund operations chief exits

KARREN VERGARA  |  MONDAY, 18 JAN 2021
The former chief operating officer of WA Super has left following the superannuation fund's merger with Aware Super. Paul Owen joined WA Super in 2006 and after seven years moved into the client services role, where he was responsible for managing financial ...

Careful portfolio rebalances needed: First Sentier

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
An uneven recovery in equity markets and diminishing returns from fixed income mean investors will need to carefully rebalance their equities and bonds mix in 2021, according to First Sentier Investors. In its 2021 outlook, the multi-asset solutions ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
The longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession. COVID-19 infections in Europe started re-appearing and multiplying sometime around October last year. The growth ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
The All Ordinaries index finished 2020 with a gain of 0.7%. Nothing to write home to mother about, especially compared with the 16.3% and 16.0% surge in the S&P 500 and the Nikkei-225, respectively, over the same period. However, the local bourse's ...

Legacy pensions score win

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
The SMSF Association has welcomed a new law that will allow the partial commutation of legacy pensions. The change was announced in the federal government's mid-year economic and fiscal outlook (MYEFO), which was released last December. Retirees with ...

FASEA urges advisers to maximise exam sittings

ELIZABETH MCARTHUR  |  MONDAY, 11 JAN 2021
With the window to complete the FASEA exam narrowing, financial advisers are being urged to maximise the number of attempts they make. In correspondence with the Association of Independently Owned Financial Professionals (AIOFP), FASEA chief executive ...

Super funds back COVID-19 preventative drug

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
Four major superannuation funds are backing a biotech company that is developing a nasal spray that claims to prevent COVID-19 and the common cold. AustralianSuper, HESTA, Hostplus and Statewide Super have joined forces with CSL, a venture capital fund ...

Retiree strategies need greater attention: Research

ANNABELLE DICKSON  |  WEDNESDAY, 6 JAN 2021
Traditional portfolio construction needs to change to provide for the needs of retiree clients, new research shows. Fidelity International with the Financial Planning Association of Australia (FPA) and CoreData released a report Building Better Retirement ...

Foreign investors face tip offs

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
The government has released a new compliance campaign to crack down on foreign investors purchasing residential property and ensuring they are abiding by the guidelines. The Tip Off campaign encourages people to send information to the tax office about ...