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Showing 501 - 510 of 2127 results for "Financial Year"

More than 1700 advisers gone already

JAMIE WILLIAMSON  |  FRIDAY, 1 JUL 2022
... names became inactive on the ASIC FAR. And, in that time, just 247 new advisers appeared on the register. From a financial year perspective, from 1 July 2021 to 30 June 2022 a total of 3605 advisers became inactive. In the same 12-month period, only ...

Rest cuts administration fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... to use our scale to continue to deliver low fees and outstanding services to our members." Using data from last financial year, Rainmaker Information estimates the average fees for default MySuper products sits at 1%. Since 2011 and 2021, super fund ...

July 1 super changes: Are you ready?

CASSANDRA BALDINI  |  THURSDAY, 30 JUN 2022
As we celebrate the 30th birthday of the Superannuation Guarantee, the new financial year brings with it plenty of changes to super. Here's what you need to know. From tomorrow, significant changes to superannuation and its surrounding legislation ...

Clear up uncertainty: AFA, FPA

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... requirements, aligning the CPD year with the Financial Adviser Register registration/renewal period or with the financial year, and the temporary COVID-19 relief measures to be made permanent." Abood said: "To continue delivering services to clients ...

WAM Leaders, AEG to merge

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
... ensure that all AEG shareholders who receive WAM Leaders shares under the scheme will be eligible to receive any financial year 2022 fully franked final dividend that is paid by WAM Leaders, it said. The proposed merger of WAM Leaders and AEG follows ...

ASIC releases estimate cost recovery levies for 2021/22

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
ASIC has drafted its indicative levies for the 2021/22 financial year. In its latest cost recovery implementation statement, ASIC proposed a minimum levy of $1500 plus $1142 per adviser for licensees that provide personal advice to retail clients on ...

BT answers advisers' top tax time questions

ANDREW MCKEAN  |  WEDNESDAY, 1 JUN 2022
BT has released its hottest end of financial year tips for advisers; in the mix this year are changes to downsizer contributions, the super guarantee and minimum pension drawdowns. BT Technical Services fields over 2000 queries from financial advisers ...

AFCA adopts user pays funding model

CASSANDRA BALDINI  |  TUESDAY, 31 MAY 2022
... dispute resolution scheme will pay only their annual registration fee, which has been set at $375.55 for the coming financial year. Among authorised credit representatives, 99.9% will pay only $65.98 annually - steady with their annual membership levy ...

Magellan appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
... will join on a base salary of $1.8 million per annum, including superannuation, which will increase by 3% each financial year. He also received a signing bonus of $600,000; half payable at signing of the agreement, the other half to be paid after six ...

Super funds back Say on Climate

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2022
... that CommBank Group Super, MLC and Spirit Super disclosed proxy voting data for Australian shares only for the financial year to 30 June 2021. This was insufficient data to include in this analysis. 2022 brings a fresh round of Say on Climate votes ...