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Showing 301 - 310 of 2758 results for "Free"

Another round of consultation for veteran super taxation

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... 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 ...

Courtenay House affiliate faces prison

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
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 ...

FCA simplifies listing rules to attract global companies

ANDREW MCKEAN  |  WEDNESDAY, 3 MAY 2023
... 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 ...

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
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 ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
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 ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... 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 ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... 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 ...

Eildon rebuffs takeover bid

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... 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 ...

Superannuation market defies capital market chaos

ANDREW MCKEAN  |  MONDAY, 24 APR 2023
... 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 ...

CVC sells 20% stake in Eildon

KARREN VERGARA  |  MONDAY, 24 APR 2023
... 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 ...