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Showing 561 - 570 of 1330 results for "AFFECTED"

Leave dividend imputation system as is: Plato

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
... ($837,000 for couple home owners who are home owners or $556,500 for a single person who owns a home) will be severely affected, he added. Moreover, the policy change can potentially reduce SMSF investments in Australian shares in favour of global equities ...

ASIC takes civil action against AMP

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
... timetable for the progress of the proceedings," AMP said in a statement. AMP added it is apologising to the customers affected by Panganiban's actions and are currently being compensated.

Aussie fund manager drops fees

KARREN VERGARA  |  WEDNESDAY, 27 JUN 2018
... opposed to 1.54%. Performance fees will also drop from 20.5% to 15.38%. K2 flagged its 2019 financial year profits may be affected as a result of this change and additional expenses incurred. The $36.3 million K2 Asian Fund invests in listed equities ...

Industry responds to Dover shutdown

JAMIE WILLIAMSON  |  TUESDAY, 12 JUN 2018
... Royal Commission in April, the AFA acknowledged that efforts to facilitate meetings between its licensee partners and affected advisers may provide little additional help given the more stringent, potentially drawn-out due diligence processes required. ...

Socio-emotional wealth key to keeping business in the family: KPMG

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
... business leaders were not aligned on issues of market opportunities and outlook, family socio-emotional wealth could be affected. "This lack of alignment can cause the business to become distracted and start to lose its competitive edge, and the family ...

Industry funds call for super shortfall reform

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
... billion a year affecting the retirement savings of nearly 350,000 people," Atkin said. Other industries anticipated to be affected include professional services, due to incentives to adopt different types of work or patterns; low income fields like hospitality ...

Retirement income rules boost annuities: Challenger

ALEX BURKE  |  WEDNESDAY, 9 MAY 2018
... building blocks for CIPRs." Challenger said its fixed-term annuities, which represent about 80% of sales, will not be affected by the new rules, but its lifetime annuities will be subject to them from 1 July 2019. "These announcements demonstrate the ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... MyRetirement or comprehensive income product for retirement (CIPR) products that are indexed to the CPI are likely to be affected by the findings. The research also challenges "broad brushstroke messages" about how much people need for retirement. Gebler ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... improve with training. AMP hasn't yet informed the couple, or determined exactly how many other clients could have been affected similarly. Britt could not answer when AMP expects the remediation program to happen after saying it was a "strategic priority ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... replied all of Mr E's clients have been moved to the remediation program and lumped into a pool of other potentially affected clients that suffered financial detriment from risky advisers. Britt said 14 reviews have been completed, but had no idea the ...