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| | | ... ATO's current interim legislative instrument which expires in June. This would ensure the current process for calculating tax-free and taxable components of Douglas-affected invalidity benefits will continue. Second, it will ensure other benefits that ... |
| | | | Former Courtenay House Investments contractor and promoter Athan Papoulias has been sentenced to two years' jail time for his role in the unlicensed financial services business. As part of his sentence, Papoulias will also complete 120 hours of community ... |
| | | | ... growth and competition in UK wholesale markets. For example, in 2021 the FCA moved to improve the listing regime by lowering free float levels, allowing certain forms of dual class share structures and introducing digital financial reporting. FCA chief ... |
| | | | Quality of Advice Review chair Michelle Levy says the government is stalling the implementation of the recommendations set out in her final report. The 267-page report, initially released to government in December, included 13 primary recommendations ... |
| | | | The recent collapses of local financial advice startups Creativemass and TIQK indicate that the freewheeling days of venture capital funding is drawing to an end. Creativemass, a financial services software provider used by the likes of AMP and Bombora ... |
| | | | ... rights on Indigenous communities, including risks to spiritual, cultural and economic rights, as well as the failure to obtain free, prior, and informed consent. Complaints were also sent to the trustees of AMP, Australian Retirement Trust, Aware Super ... |
| | | | ... charged exorbitant administration fees. Diversa Trustees' numerous subplans like Verve Super, Spaceship Super, Cruelty Free Super and Slate Super are among the most expensive. Slate Super and Verve Super, for example, charge 0.89% and 0.90% respectively ... |
| | | | ... and reasonable to the group's securityholders". CVC announced on Monday that it was divesting a 19.9% stake in Eildon to free up capital. This morning, CVC said it will sell the remaining stake, which equated to 8.16 million units for a consideration ... |
| | | | ... remains lower than the 20.8% peak in 2017, before the introduction of the Transfer Balance Cap (TBC). The TBC limited tax-free retirement savings to $1.6 million. Rainmaker suggested that without the TBC, total superannuation contributions in 2022 would ... |
| | | | ... announced this morning that it entered into an agreement with Samuel Terry Asset Management to sell its stake so that it can free up capital. CVC sold 9.4 million units at 93 cents per share to gain about $8.7 million in total. As at December 2022, CVC ... |
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