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Showing 5131 - 5140 of 15789 results for "TER"

ATO to verify early release requests

ELIZA BAVIN  |  TUESDAY, 31 MAR 2020
Senator Jane Hume has confirmed the Australian Taxation Office will be responsible for verifying early release super requests. Hume, the assistant minister for superannuation, financial services and financial technology, told the AFR Wealth Summit the ...

Rent relief welcome news for SMSFs

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
Self-managed superannuation funds that own commercial premises leased to a related party have been handed some relief form the impacts of COVID-19. The Australian Tax Office has given permission for these SMSFs to now reduce the rent for the 2019/20 ...

Your super is safe with us: Silk

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
The chief executive of the nation's largest super fund has written to members reassuring them that their super will be safer staying with the fund. AustralianSuper chief executive Ian Silk said during this unprecedented time, members should refrain ...

TAL hits back at rumour mill

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
TAL has issued a stern response following recent media speculation that the insurer was ceasing cover to those affected by COVID-19. Over a week ago Financial Standard reported that TAL, along with MLC, had updated some policies for new customers in ...

Banks throw more businesses a lifeline

ALLY SELBY  |  MONDAY, 30 MAR 2020
Australia's banks will extend the six-month deferral of loans to 30,000 more businesses, in a bid to assist commercial landlords struggling to do the right thing by their tenants during the crisis. The Australian Banking Association's (ABA) small business ...

Wealth manager appoints new head of advice

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
A former Westpac operations manager has been appointed to lead the financial advice capabilities of a listed wealth manager. ClearView has confirmed its appointment of Nick Howell as the firm's new head of advice. "Nick's appointment is part ...

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
As unemployment continues to rise, latest analysis of the implications of the government's early access to super initiative has seen the estimated cost of the measures almost double. Research house Rice Warner has assessed the impact of the government's ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
In a somewhat surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% last week. It comes after Australia's biggest bank, the Commonwealth Bank ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
The current market corrections caused by the COVID-19 pandemic and subsequent shutdowns have sparked warnings from some not to forget the lessons of 2008 - especially, don't underestimate mortgage defaults. Thomas J. Barrack, a US private equity ...

SMSFs in flashback to 2008

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
Self-managed super fund professionals and trustees may be feeling some deja-vu, as the same measures that were used in 2008 have been brought in to guide the sector through the COVID-19 pandemic. Terry Pinnell, chair of the Ethical Advisers' Co-op ...