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Showing 511 - 520 of 2469 results for "Budget"

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
Another budget, another increase in government spending. In his Budget speech on March 3, UK Chancellor of the Exchequer Rishi Sunak prefaced his delivery of more manna from the government by stressing the damage the coronavirus has done to the UK economy. ...

Cost of living eroding super: ASFA

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... can spend more on the local economy. As the pandemic continues to deter overseas travel, many retirees are shifting this budget onto domestic travel, home improvements and other big-ticket items such as furniture and appliances. "As a greater number ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... notice they have been given. The Retirement Income Covenant suffered lengthy delays since it was floated in the 2018-19 Budget. Future Fund guardian Carolyn Kay, who also presented at the forum but in a separate session, said several super funds already ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
There are clear opportunities to disrupt intra-fund and general advice that the industry is overlooking, shunning everyday Australians that need it most, according to superannuation experts. As the number of financial advisers continue to dwindle and ...

Industry fund awards $60m small caps mandate

KANIKA SOOD  |  MONDAY, 15 FEB 2021
... selected Eiger Capital for the equities allocation. "This mandate furthers TWUSUPER's plan to focus its active management budget on areas where we have a comparative advantage. As a smaller investor we can access highly skilled small cap mangers ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... numbers has industry experts calling for a wage subsidy to incentivise advice practices to take hire graduates. In its pre-Budget submission, the Association of Financial Advisers (AFA) recommended the government introduce a $10,000 wage subsidy for ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... President of the USA (1809-1817) and Founding Father The Morrison government circulating more money which, according to the Budget Papers 2020-21, amounts to "$98 billion in response and recovery support, including $25 billion under the COVID-19 Response ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... government remove the indexation of the transfer balance cap and to cap balances at $5 million to balance the system. In its pre-budget submission, ASFA focused its recommendations on the Retirement Income Review (RIR) and noted that while the superannuation ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... recent headlines report that POTUS is determined to pass the stimulus package sans Republican Party support by using the budget reconciliation rules. As per Factset: "Deutsche Bank pointed out that a $1.9T package, rather than the $1T it (other sell-side ...

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... financial advice practices to encourage employment of new entrants needing to complete their professional year. In its pre-Budget submission, the AFA has recommended the government incentivise advice practices with a $10,000 wage subsidy for employing ...