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| | | In a long-awaited move, the government has scrapped the $450 superannuation guarantee threshold, making about 300,000 people eligible for super contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside ... |
| | | | ... funds to pay for fines incurred by their own actions. Donald explained to the hearing that while many retail funds have parent companies that can be relied upon to pay for any possible fines and sanctions, not-for-profit funds have had to go to the Supreme ... |
| | | | ... Scott Donald from the University of NSW appeared before the committee and explained that while retail super funds have a parent company which can fund penalties, not-for-profit funds are in a more complex position and therefore may have to charge new ... |
| | | | ... become Collimate Capital ahead of its slated ASX listing in the second half of the year. Cementing its separation from parent company AMP, AMP Capital chief executive Shawn Johnson said today's announcement is a testament to ongoing progress towards ... |
| | | | Ecstra Foundation has launched a financial education program for schools, to help Australian students learn key money lessons early on. Ecstra's 'Talk Money' program is available for students from years five to 10, offering classroom workshops delivered ... |
| | | | The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ... |
| | | | ... Magellan that hasn't been as visible to the public eye. A formal review of these strategies, including a comprehensive parent review, will be undertaken in the coming weeks and our updated view will be published soon after." Magellan's share price dove ... |
| | | | The Association of Financial Advisers (AFA) has said it does not support the 'clean record' requirement proposed within the government's new policy paper on education standards, citing the untested single disciplinary body. Under the proposed changes ... |
| | | | ... voluntary administration. PwC has been called in as voluntary administrators of Dixon Advisory and Superannuation Services, parent company E&P Financial Group told the ASX this morning, saying "mounting actual and potential liabilities mean it is likely ... |
| | | | ... said that the focus throughout the deal process was finding a new owner that is the "right fit". "We wanted a committed parent with a long-term view and the resolve to uphold our best-in-class platform experience, free from customer disruption," Sanderson ... |
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