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Showing 481 - 490 of 1330 results for "AFFECTED"

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... aged 50 and over the hardest - death only cover will reduce while premiums will rise. The fund is consequently offering affected members two options, which it states will allow them to keep their current level of fixed premium death-only cover after ...

Super fund overhauls group insurance cover

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2019
... protection will change from three years to two years. Members in defined benefit, state or police accounts will also be affected by the changes if they leave their jobs. Queensland Government employees for example, will have the greater of 90 days or ...

Consolidation hits super fund administrators

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... "principal impact" of the legislation will be felt in FY20. Link did not disclose how much its earnings will be directly affected by the reforms, but forecasted that its full-year operating NPAT will be lower, and will fall between $195 million to $205 ...

Life insurers post strong March quarter

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
... which positively impacted life insurers' investment revenue, along with a discrete write-off of goodwill that negatively affected the results of the preceding quarter," APRA said in the quarterly life insurance performance stats report. Full year profits ...

Industry funds temper inflows post-Royal Commission

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
... Royal Commission. While this was not severe on a quarter-on-quarter basis, on a year-on-year basis retail funds were affected," Rainmaker head of superannuation research Jason Ross said. What's interesting is that the AustralianSuper MySuper book ...

Major instos hit with cartel class action

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... particularly medium to large importers, exporters, institutional investors and businesses with operations overseas - have been affected by the distortion of the FX market by these banks. Such cartel behaviour cheats Australian businesses in circumstances ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
... printed at its meeting in April. "Japan's economy is likely to continue on a moderate expanding trend, despite being affected by the slowdown in overseas economies for the time being," it said at the time. The topline GDP growth figures give it bragging ...

Investec closes robo-advice

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
... approximately 10,500 employees. It is not known how many worked on Click & Invest. Consultation with the employees who are affected by the closure of the robo-advice service has begun, the firm said.

CBA down, industry up for employment

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
... executive Frank Ribuot said: "Discussions around underpayment and media scrutiny around other issues, I think that's affected Commonwealth Bank's ranking." Meanwhile, ANZ has managed to attract people who might not otherwise be as interested in the financial ...

ATO guides SMSFs on PYSP changes

HARRISON WORLEY  |  THURSDAY, 16 MAY 2019
The Australian Tax Office has provided guidance on how self-managed superannuation funds might be affected by the Protecting Your Super reforms. The ATO confirmed to SMSF investors that the raft of changes - introduced as part of the Protecting Your ...