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Showing 21 - 30 of 103 results for "Divorce"

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... consequences, including issues with multiple accounts and unfunded superannuation, distortions in the market, impact on divorce settlements, and the tax treatment of capital gains under the new policy. As previously reported by Financial Standard, Shadow ...

Rest simplifies super splitting

ELIZABETH MCARTHUR  |  THURSDAY, 21 APR 2022
... removed the requirement for certified court orders. Rest chief executive Vicki Doyle said splitting superannuation during a divorce was often a complex and time-consuming process. "The previous requirements, commonly used across the super industry, meant ...

Magellan fund loses $1bn in five months

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
... yanked out $23 billion. A confluence of Brett Cairns resigning as chief executive and chair Hamish Douglass announcing his divorce and taking a medical leave of absence have led to shrinking FUM and analysts reassessing the funds. The broader ETP sector ...

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... just 2% of its FUM. And Ler isn't worried about chief executive Brett Cairns resigning or Hamish Douglass announcing his divorce - saying these events have no bearing on the company's investing calibre or earnings outlook. "We expect Magellan will continue ...

ASIC outlines ROA guidance

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... circumstances that may instead require an SOA include a new mortgage or significant increase or decrease in debt, a new baby, divorce or separation, the sale of a business or the death of a partner. Other things ASIC clarifies include the fact that an ...

Family law super reform passes

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... means women leaving violent relationships will have a better chance of getting their fair share of superannuation during divorce proceedings and give them some financial security in later life," Women's Legal Service Victoria chief executive Serina ...

Lockdowns see uptick in advice seekers

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
New figures have revealed that Australian families are feeling the pressure of lockdowns, with more enquiries about divorce and an increase in those seeking financial advice. The figures come from The Separation Guide, a service which brings together ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... Income Review: extending SG to cover paid parental leave, gig workers and overtime work; including superannuation assets in divorce settlements; and ensuring employers pay SG at the same time they pay wages. It wants it to be harder for older Australians ...

How wealthy families protect assets no matter what

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
... aspect of asset protection - protecting families' wealth across international jurisdictions and from disputes and divorce within a family. "It is important to consider family dynamics, the jurisdiction of the family members and succession plan for ...

Buffett resigns from Gates Foundation

ELIZABETH MCARTHUR  |  FRIDAY, 25 JUN 2021
Amid the Gates' divorce, Warren Buffett has resigned from the couple's foundation - though he says the resignation is in-line with his plan to step down from all boards. As Buffett announced his annual contribution of Berkshire Hathaway shares to philanthropic ...