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Showing 271 - 280 of 1810 results for "Bill 2013"

Calastone partners with Microsoft for fund, data services

CHLOE WALKER  |  THURSDAY, 2 DEC 2021
Calastone has partnered with Microsoft to enhance its fund and data offerings in a wider effort to drive new opportunities for collective investments worldwide. As part of the partnership, Calastone recently built DMI Fund Services using Microsoft's ...

Retirees require 3.3% drawdown: Research

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
New Morningstar research recommends retirees should drop the 4% withdrawal rate to 3.3% for a balanced portfolio. Using the 3.3% rate over a 30-year time horizon, Morningstar found that newly minted retirees cannot safely withdraw 4% of their initial ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies. The Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 currently sits before the house, containing the ...

Industry fund ups admin fees

JAMIE WILLIAMSON  |  THURSDAY, 11 NOV 2021
The Meat Industry Employees' Superannuation Fund is increasing its administration fees from December 1. Currently, members of MIESF pay $2.35 per week plus 0.10%. From next month, the asset-based component will increase to 0.18%. The weekly account ...

T. Rowe Price to acquire credit manager

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
The US$1.61 trillion investment manager is set to take over alternative credit management firm Oak Hill Advisors (OHA). T. Rowe Price will pay US$4.2 billion for 100% of OHA with US$3.3 billion payable at closing, approximately 74% in cash and 26% in ...

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
The legislation that will see the merger of Sunsuper and QSuper through was passed this week. The Superannuation (State Public Sector) (Scheme Amendment) Bill 2021 was passed by the Queensland Parliament on October 26, enabling the merger. The bill  ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
The government has moved on its election promise to scrap the $450 threshold for superannuation. Minister for superannuation, financial services, the digital economy and women's financial security Jane Hume said a bill introduced to Parliament yesterday ...

Taxpayer Bill of Rights recommended

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
The House of Representatives Standing Committee on Tax and Revenue has recommended that the Australian Tax Office develop a Bill of Rights for taxpayers. The committee made 19 recommendations in response to the Commissioner of Taxation's Annual ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
The landmark Better Advice Bill, which introduces a new disciplinary body, passed the senate overnight. Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information. The Senate Committee report released this week on disclosure ...