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Showing 2921 - 2930 of 6512 results for "Jul"

Age Pension changes looming

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
Financial advisers should be mindful of important changes to the Age Pension effective July 1. The qualifying age will progressively increase by six months every two years, and by 1 July 2023, will reach 67-years-old for those born on or after 1 January ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
Australian banks have narrowly dodged the possibility of facing a Royal Commission-style inquiry after a Green's Bill to establish a Parliamentary Commission of Inquiry fell short by a single vote in the House of Representatives yesterday. The Bill ...

Queensland DB super liabilities tipped to fall 18pct

ALEX DUNNIN  |  THURSDAY, 15 JUN 2017
Queensland's public sector superannuation liability is expected to fall $7 billion over the next five years, and this is despite the state's defined benefit scheme surplus being partially repatriated. The figures were published in the Queensland Government ...

Not too late to maximise super

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2017
With legislative changes only a few weeks away, advisers should be on top of boosting clients' super balances, according to a superannuation expert. Perpetual Private head of strategic advice Colin Lewis told Financial Standard one of the most critical ...

Major US pension fund divests Australian coal

EMMA RAPAPORT  |  WEDNESDAY, 14 JUN 2017
The largest educator-only pension fund in the world is divesting from all non-US thermal coal holdings, including Australia-based Whitehaven Coal. The US$206.5 billion California State Teachers' Retirement System (CalSTRS) teachers' retirement board ...

Westpac to review history of new applicants

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2017
Following yesterday's news of another former Westpac adviser being banned by ASIC, the bank has announced that anybody applying for a permanent role with the Westpac Group will now be subjected to a background check. Designed to identify any past instances ...

Females dominating non-concessional contributions

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2017
Women are more likely to make non-concessional contributions into their superannuation than men, new insights show. A new report from Vanguard analysing data from Sunsuper's membership of over one million Australians shows that 60% of members making ...

Review life insurance ahead of super reforms: BT

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
With the end of financial year and 1 July superannuation reforms fast approaching, advisers shouldn't overlook the value of life insurance arrangements inside superannuation. Keeping in mind concessional and non-concessional contribution limits are ...

Veteran WTW investments head departs

ALEX BURKE  |  TUESDAY, 6 JUN 2017
Willis Towers Watson's head of investments for Asia-Pacific will leave the company after 23 years, and a successor has been appointed. Naomi Denning originally joined WTW in 1994. She also worked as an asset consultant at Mercer for five years, and ...

Education key in combatting elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2017
Financial advice practices will be able to equip staff with greater knowledge and understanding around identifying and preventing elder financial abuse through a selection of new education and training materials. Protecting Seniors Wealth has launched ...