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Showing 531 - 540 of 2028 results for "Let"

ATO allows ERS access to New Zealanders

ELIZA BAVIN  |  WEDNESDAY, 20 MAY 2020
The Australian Taxation Office is allowing New Zealanders with KiwiSaver accounts to access the Early Release of Superannuation scheme through a loophole. In an update to its Design and Implementation document, the ATO said those with a KiwiSaver account ...

Industry funds pulled back to the pack

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
... this sector has also been transformed and negatively impacted by tax reforms. It has also been hit by capital markets and let's not discount how big companies suspending or savagely reducing dividends will impact the sector." According to Dunnin, long ...

State Street fund purges tobacco, weapons

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
State Street's international equities trust, which tracks MSCI World ex Australia, is set to exclude tobacco and controversial weapons. It will make the changes from July 1, for both the hedged and unhedged versions of the State Street International ...

AMP Capital cuts fees on equities fund

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
AMP Capital has dropped the management fees on its ESG-focused equities fund by 15bps, while also updating its screening thresholds. The AMP Capital Sustainable Share Fund will shift from charging 70 bps per year to 55 bps per year. It has tightened ...

Behavioural tools to limit losses, fear

ALLY SELBY  |  THURSDAY, 14 MAY 2020
Market volatility is unavoidable, especially after a significant crash, but focusing on practical techniques to limit behavioural risk can help financial advisers limit the fear, anxiety and grief that they and their clients may be feeling. Behavioural ...

Industry funds revise ERS modelling

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
Industry Super Australia has been forced to revise the modelling underpinning their calculations of the impact of the government's Early Release Scheme on retirement balances. An ASIC missive caused the peak body for industry superannuation to reconsider ...

Suncorp wealth head departs

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... land between $40 million and $70 million. "As a Suncorp employee of long standing I am incredibly disappointed that we have let our people down - there is no excuse and we need to get this right," Johnston said. "I want to offer my sincere apologies ...

Insurer invokes financial hardship policy

ELIZA BAVIN  |  MONDAY, 11 MAY 2020
One of Australia's life insurers has taken a range of measures to assist customers who have been negatively affected by the effects of COVID-19. Integrity Life acting chief executive Lesley Mamelok said the firm has invoked a number of measures to help ...

Frontline worker death nominations spike

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... to go out to the nation's three million essential workers with a virtual hug. "Our super funds felt it was important to let our members and pensioners know that we are recognising their concerns, and we want to say thank you for all that frontline ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... asked to redeem are lower than anticipated. So maybe the amount of liquidity will be less than first thought," he said. "But let's wait and see. What the COVID-19 Financial Crisis has taught us in superannuation is that jumping at shadows is not a smart ...