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Showing 431 - 440 of 988 results for "Death"

Industry responds to election outcome

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
... credits and negative gearing," The AIC said in a statement. It summarised the most important outcome of this election as the death of big ticket reform. Labor's proposed changes to negative gearing, franking credits, capital gains and other wealth distribution ...

Sargon launches SMSF alternative

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2019
... provides reliable and accessible estate planning, Rutter said. "Members can rely on the trustee to carry out and pay their death benefits according to their instructions. This is particularly important for members who have a blended family, or in cases ...

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... early; finding out how to access super at preservation age; how transition to retirement pensions work; and paying super death benefits. AMP technical strategy manager John Perri said: "We've seen an increased focus on clients looking for ways to reduce ...

Regulators name laggard life insurance providers

KARREN VERGARA  |  MONDAY, 1 APR 2019
... providers, a joint study by the regulators found. AMP (eight months) and Westpac (three months) take the longest to process death claims within group insurance, while TAL and AIA Australia are the most efficient (four weeks each), according to the ASIC ...

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... claim. Separately, the barriers Aboriginal and Torres Strait Islander (ATSI) peoples face when making superannuation binding death benefit nominations is open for consultation until May 24. Legislation on the distribution of superannuation death benefits ...

Former Financial Wisdom adviser banned

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... failed to provide Statements of Advice to clients; deleted records to conceal misconduct; and falsely witnessed signatures on death benefit nomination forms and arranged others to backdate and falsely witness these forms. Willmott has the right to appeal ...

Indigenous super access needs improvement

KARREN VERGARA  |  TUESDAY, 19 MAR 2019
... Citing Commissioner Kenneth Hayne, Scheerlinck said ATSI people encounter needless difficulties in identification and binding death nominations, and there is no reason not to have such practices and procedures carried out by trained staff. One of Hayne's ...

Interest in early access to super rises

JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2019
... decide to access it." Related issues raised by advisers on behalf of clients include understanding how TTR pensions, super death benefits, and total and permanent disability insurance inside super works.

Government consults on super legislation

HARRISON WORLEY  |  TUESDAY, 5 MAR 2019
... transfer balance when they are commuted or rolled over, resulting in a nil debit. He said the amendments would also ensure death benefits that include life insurance proceeds are not subject to tax when rolled over to a new super fund. Alongside the ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... Financial Services Ombudsman to whom the customer made a complaint. It also denied 88% of the claims made on accidental death policies over the previous five years, while reaping $121 million in premiums. Hayne today recommended the government amend ...