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Showing 341 - 350 of 2795 results for "Free"

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 ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
It is 10 years since more than 1000 people died in the Rana Plaza textile factory collapse in Bangladesh in April 2013. In the intervening years, regulations to improve factory safety has been introduced in Bangladesh, and issues related to worker safety ...

Treasury urged to consider housing in super objective

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... Incentive program offers 5 or 10% of the home's purchase price to put toward a down payment. It also plans to introduce the Tax-Free First Home Savings Account where prospective first homebuyers can save up to CAD$40,000 tax-free towards their first ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
These are just some of the recommendations from Grattan Institute ahead of the federal budget, which also include counting more of the family home in the aged pension assets and residential aged care means tests. With Australia on course for 25 straight ...