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Showing 491 - 500 of 1209 results for "Switch"

Don't use multiple SMSFs to dodge tax: ATO

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne. The ATO believes 13,600 ...

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... would not be moved into the fund's MySuper product. It pointed out that such a transfer is not a matter of "flicking a switch." Given the complexity of the product offering within the Suncorp Master Trust and prior to completing its Super Simplification ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
Pressures of the Royal Commission, the Life Insurance Framework and educational reforms are prompting risk advisers to hurriedly sell their practices at discount prices, a merger and acquisitions expert says. Radar Results principal John Birt said there ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
Retail superannuation funds at CBA, NAB, AMP and other institutions could face criminal charges after the Royal Commission's team of lawyers highlighted several instances where corporate and superannuation law was breached. The closing submission ...

Former licensee chief to lead fund manager

JAMIE WILLIAMSON  |  TUESDAY, 21 AUG 2018
... Australia's largest environmental NGO, Greening Australia. Clime said managing director and founder John Abernethy will switch his focus to growth objectives within the newly-established Clime Private Wealth. Currently licensed to provide personal ...

Natixis appoints insto sales head

KANIKA SOOD  |  TUESDAY, 21 AUG 2018
... Australian business and play a part in the firm's strong culture of contributing to the community around us." Making the switch from investment banking to investment management in 2007, Watson added that working closely with investors during the GFC ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
... about $3.6 billion in funds. Hodge suggested the key risk in relation to the sale of the product is that customers will switch their super without understanding the potential consequences and end up in a less suitable product. "No, I wouldn't say ...

Frequent traders re-evaluate broking landscape

DARREN SNYDER  |  THURSDAY, 16 AUG 2018
... Investment Trends said 9% of traders which transact more than four times a month or on a frequent basis have decided to switch their online broker in the 12 months to May 2018. This is up from a 4% low in November 2016. Investment Trends research director ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
Wealth management firms have an opportunity to set the course around how they better deliver customer-oriented solutions following the Federal Government's release of draft legislation on the Consumer Data Right. The Consumer Data Right is aimed to ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... Linda Elkins told the Commission CFS initially failed to transition 13,000 members into MySuper products during the 2014 switch - a breach it reported to APRA. Over the next three-and-a-half years, as CFS executives worked with APRA on resolving the ...