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Showing 261 - 270 of 2106 results for "Apply"

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 ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... firm, which includes group A and group B of the class action," he told Financial Standard. Once the calculations, which apply various discounts, are finalised, a notification is sent out to each firm stating the amount they are entitled to. Macdonald ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... symptoms. About one third are likely to retire early as a result, it found. More than half said they are less likely to apply for a promotion because of their menopause, and 60% said they do not feel like they can talk to their manager about what they're ...

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
... must have measures to prevent, detect, report, disrupt and respond to scams. The Minister said the framework will first apply to banks, telecommunications, and digital platform service providers - beginning with social media, paid search engine advertising ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... estimates. They must update the default rate by 31 December 2024. From 1 January 2025, the revised rate of 3.7% p.a. will apply. Following feedback from the industry, ASIC said all the submissions supported changing the default inflation rate. "While ...

The transferrable skills for advisers who changed careers

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
A former police officer and professional athlete say staying disciplined and having robust communication skills have helped them succeed in their careers as financial advisers. Forbes Fava Saville Financial Planning senior financial planner and chief ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... every $1 a Support at Home recipient pays, the government will pay $7.80. A lifetime contribution cap of $130,000 will also apply across the aged care system, no matter a person's means or duration of care, Wells explained. There will also be no ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
Insurers will no longer be able to use genetic test results in life insurance underwriting, with a total ban to be introduced by the government. Earlier this year, the government consulted on the use of genetic test results in underwriting life insurance ...