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Showing 11 - 20 of 27 results for "Financial Arrangements"

Financial services given hand to protect seniors

DARREN SNYDER  |  FRIDAY, 27 MAY 2016
... aged care facilities, government departments, support services, or "anyone who helps seniors manage their financial arrangements." The program launch comes at the same time Labor committed to appointing a dedicated Minister for Ageing should it win the ...

Challenger retail annuity sales up 8%, profit down

LAURA MILLAN  |  TUESDAY, 17 FEB 2015
... corresponding period "benefitted from a $15 million reduction in tax expenses in relation to the [Taxation of Financial Arrangements] TOFA. "Excluding the TOFA benefit, normalized net profit after tax would have increased by 4.3%, Challenger said. Total ...

Government explains Challenger annuity mix-up

JAMES FERNYHOUGH  |  TUESDAY, 2 DEC 2014
... work with Challenger to ensure affected investors are informed of what this may mean for them and their financial arrangements." It is unclear why the DSS was assessing the Care Annuity on the grounds that investors could not get their capital back. ...

Custodians fight hard for big super deals

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
... fee holidays to at least one of those funds, they did not deny it, responding: "We don't comment on our financial arrangements." Likewise, when Financial Standard gave J.P. Morgan the chance to deny that it had given Cbus a fee holiday as part of its ...

Govt overhauls aged care

ELISE BURGESS  |  FRIDAY, 20 APR 2012
... Concerns over the ability of the aged care system to cope with increasing demands could mean changes to financial arrangements underpinning aged care, said Galagher. Advisers can expect to see more aged care requests from clients with the National Aged ...

Retirement funding needs aged care inclusion

MELANIE TIMBRELL  |  THURSDAY, 12 APR 2012
... Concerns over the ability of the aged care system to cope with increasing demands could mean changes to financial arrangements underpinning aged care, said Galagher. "Increased calls for those who can afford it to contribute more towards the cost of ...

Govt releases final issue of investment manager regime

ELISE BURGESS  |  FRIDAY, 16 DEC 2011
... element of the investment manager regime (IMR) all income, gains or losses from portfolio interests or financial arrangements of a foreign managed fund that have an Australian source will be excluded from the calculation of the fund's taxable income ...

Sunsuper appoints State Street as custodian

ELISE BURGESS  |  TUESDAY, 22 NOV 2011
... the local market to meet local requirements, for example the solutions we have around TOFA [Taxation of Financial Arrangements]. "Everybody knows funds are under constant pressures and looking to see how they can be supported through regulatory change ...

Super funds need modern platforms to disclose holdings

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... with seven major institutional clients including Macquarie Bank and Vanguard, he said. When Taxation of Financial Arrangements (TOFA) became law in July 2010, it caused a major headache for those on old platforms, he said, as legacy system vendors had ...

ASIC outlines philosophy behind policy framework

ALEX DUNNIN  |  TUESDAY, 1 FEB 2011
... remains a problem. ASIC said overcoming these challenges are more important than ever because consumers' financial arrangements are becoming increasingly complex and good advice has so many demonstrable benefits.