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Showing 331 - 340 of 1565 results for "Offset"

Adviser levy to increase by 160%

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
ASIC has hit financial advisers with the news that levies will increase by the equivalent of 160% over two years, with industry bodies outraged. The total cost levied by ASIC is now $1500 per retail advice licence, plus an additional $2426 per authorised ...

Stimulus, ERS boost financial comfort

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
... other sources of economic and financial support together with significant financial actions by households have temporarily offset the negative impacts of the COVID-19 pandemic and boosted the financial resilience of most households - albeit this varies ...

Australian Ethical continues growth trajectory

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... across investments and super increased by 22%. Operating revenues increased by 10% to $25.6 million, but this was partially offset by superannuation fee reductions in the second half of last year, threshold reductions across some managed funds in October ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... economy. The latest survey shows all of January's gains were due to increased full-time hiring (59,000) that was partly offset by reduced part-time employment (29,800). The 'permanent income hypothesis' dictates that full-time workers tend ...

Australia sweeps pension market rankings

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Australia is the most successful pension system among developed countries, according to Wills Towers Watson. The firm's Thinking Ahead Institute 2021 Global Pension Assets Study said Australia's thriving pension system boasts an 11.3% per annum ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... chief executive Martin Fahy. The association is also recommending the government increase the low-income superannuation tax offset (LISTO) threshold from $37,000 to $45,000 as both pay a similar tax rate on superannuation contributions to the marginal ...

Executive shuffle at Macquarie Group

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
... Macquarie Infrastructure and Real Assets (MIRA) equity under management also decreased 2% to $137.1 billion. However, this was offset by Macquarie Investment Management (MIM) which saw AUM rise 3% for the period to $360.6 billion.

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... students after many years of study and set them up for a meaningful career," the submission reads. Such a scheme would help to offset the ongoing outflow of advisers from the industry, with just 58 provisional advisers currently on the ASIC Financial ...

Risk inflows stay flat

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... Life showed inflows decrease by 0.4% with the largest falls from BT/Westpac (-20.8%) and AIA (-10.1%). These were however, offset partially by increased inflows reported by TAL (15.7%) and ClearView (7.9%). "With the exception of ClearView, all these ...

Market rotation signals win for value: Maple-Brown Abbott

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
The emerging market rotation from growth to value signals a trend which may see valuations adjust significantly in 2021, according to Maple-Brown Abbott. Head of Australian equities Dougal Maple-Brown said the market is at the beginning of a new cycle ...