Search Results | Showing 21 - 30 of 45 results for "TTR" |
| | | ... actions, including the immediate fix of a coding error in intelligent deposit machine (IDM) threshold transaction reporting (TTR); changes in senior leadership relevant to the oversight of financial crimes compliance, along with over 50 new staff specialising ... |
| | | | The Commonwealth Bank says its failure to notify AUSTRAC of more than 53,000 large cash deposits in its intelligent deposit machines was caused by a software error which was not discovered for more than two years. In a public statement CBA outlined ... |
| | | | ... impact around 110,000 people - largely in SMSFs. Some 170,000 members of APRA-regulated funds with a Transition to Retirement (TTR) pension and a further 100,000 with such a pension arrangement in an SMSF will also be affected by the rule changes. Urging ... |
| | | | ... legislation, and to ensure the integrity of the policy behind the reforms. The changes include: Transition to Retirement (TTR) pensions will automatically become retirement phase pensions (and therefore be assessed against the transfer balance cap) when ... |
| | | | ... ways: by complying with the $1.6 million transfer balance cap, or changes to the tax treatment of transition to retirement (TTR) pensions. It's important to keep in mind CGT relief is not automatic and the client must choose, where eligible, the investments ... |
| | | | ... 500,000" by the $25,000 concessional contribution cap, 80,000 by the lifetime non-concessional cap, roughly 550,000 by the TTR changes and 20,000 annually by the anti-detriment abolition. Overall, ASFA estimated that up to 1.26 million people would be ... |
| | | | ... said they felt negative toward the proposed lowering of the concessional contributions cap to $25,000. The removal of the TTR pension tax exemption was also unpopular; with a 73.5% of respondents saying it will negatively impact their clients. Advisers ... |
| | | | ... line with the changes. From 1 July 2017, the tax exempt status of income from assets supporting 'transition to retirement' (TTR) income will be removed, with earnings to be taxed at 15%. A change IOOF claims will "effectively negate that TTR strategy ... |
| | | | ... five reasons for starting included: choosing own investments, self-managing a fund, minimising tax, transition to retirement (TTR), and choosing individual equities. Those thinking about starting an SMSF did not consider TTR as highly, replacing it with ... |
| | | | ... holds $8.5 billion in funds under management and recently launched a transition to retirement investment option, targeted at TTR investors looking to retain exposure to growth assets. |
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