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Showing 481 - 490 of 2187 results for "Plus"

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... important to ensure lower income earners receive some tax relief for saving for retirement. It can never match the $10,000 plus annual tax break received by high income earners, and the government should at least maintain the integrity of the provision ...

ClearView pushes ahead with SFT

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
... policies such as accidental death, total and permanent disability (TPD), accidental TPD, income protection and income protection plus, for ClearView Retirement Plan members. Super Rollover enables monies from another complying superannuation fund into ...

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
... cooperate with receivers but there was evidence solicitors (HWL Ebsworth) had been communicating with the receivers since April. Plus Kingston is to be publicly examined by the receivers next month. Fourth, China Insurance and Ashurst said Kingston does ...

Pension funds sue Allianz Global Investors

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... forced to liquidate more funds in the Structured Alpha Funds portfolio (the Structured Alpha 1000 and Structured Alpha 1000 Plus) because of insurmountable losses. Two days later, it said it will liquidate Structured Alpha 1000 and Structured Alpha 1000 ...

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... administration fees - but income protection premiums will rise. Mercy Super reduced admin fees for super accounts from $1.10 a week plus 0.30% of account balance per annum (capped at $600 per annum) to 0.25% of account balance per annum (still capped ...

NowInfinity founders join boutique

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... that specialises in helping businesses with their succession plans. Amreeta Abbott and Vitalii Symon have joined Succession Plus, a business succession advisory firm with offices nationwide, New Zealand and the UK. Abbott is a shareholder and board member ...

Microcap manipulators caught out

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
... expense of retail investors." The Commission is seeking a range of penalties including permanent injunctions, disgorgement plus prejudgment interest, civil penalties, and penny stock bars against the individual defendants as well as officer-and-director ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... regulatory and compliance sub-committee." In the bank's 1H20 results, it had estimated a penalty charge of around $900 million plus associated costs. Westpac noted that the proceedings were expected to be complex and the ultimate penalty may be higher ...

ASIC cleans up 'cash plus' funds

KANIKA SOOD  |  WEDNESDAY, 23 SEP 2020
... bond or diversified fund and hence, higher risk and lower liquidity as compared to cash. It took particular note of 'cash plus' or 'cash enhanced' labelling, where ASIC found 50% and 70% respectively of assets were not cash or cash equivalents, and actually ...

AMP tops worst-performing super funds list

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
... OptiMix Conservative (1.7% p.a.), Zurich's Capital Stable (1.9% p.a.), OnePath's Balanced (2.2% p.a.) and MLC Inflation Plus Portfolios' Moderate Portfolio 2 (2.4% p.a.) were the worst performers on a per annum basis. The best balanced funds ...