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Showing 561 - 570 of 2077 results for "Apply"

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... stapling. This was previously done in the Putting Members' Interests First legislation, where insurance changes did not apply to members in hazardous occupations. "I think they should make concessions in those areas because the real-life consequence ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... changes are not in the best interests of super members. The performance test relating to trustee-directed products will not apply to up to 40% of the super savings (FUM) in Choice products. If funds fail performance tests, members will have to be written ...

Keep COVID-19 in perspective: Panel

ELIZABETH MCARTHUR  |  TUESDAY, 18 MAY 2021
Geopolitical tensions took centre stage at the Conference of Major Superannuation Funds, with experts urging the audience to look at COVID-19 in greater context. Founder and owner of IBISWorld and the Ruthven Institute, Phil Ruthven showed the audience ...

PPS Mutual launches member offer

ANNABELLE DICKSON  |  MONDAY, 17 MAY 2021
... existing members to add cover to their policy. Members who have a current income protection policy with PPS Mutual can now apply to add or increase life, total and permanent disability (TPD) or trauma cover without providing medical evidence. Under this ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
Small business owners, like financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021. Federal treasurer Josh Frydenberg also announced last night that temporary full expensing has been extended until 30 June 2023. ...

Low FASEA pass rate continues

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
... executive Stephen Glenfield said. "Over 15,200 advisers have sat the exam with nine in 10 demonstrating they have the skills to apply their knowledge of advice construction, ethics and legal requirements to the practical scenarios tested in the exam." ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... test. The existing $1.6 million cap on lifetime superannuation contributions ($1.7 million from July 1) will continue to apply, along with the annual concessional and non-concessional caps. The rationale behind the change is recognising that a retiree ...

Personal, business tax cuts revealed

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... incurred in the years following 2018 to assist companies that were profitable prior to the pandemic. Both the incentives will apply to small to medium businesses with turnover of up to $5 billion and is expected to apply to around $20.7 billion in tax ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... it trigger excess contributions but will be taxed at the 15% assessable rate. Additionally, social security measures that apply to the legacy product will not be transferred to the new product. "Currently, individuals are locked into certain products ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... guarantee on parental leave. Meanwhile, Frydenberg announced as part of the budget the government will allow small businesses to apply to the Administrative Appeals Tribunal to pause or modify ATO debt recovery actions where the debt is being disputed ...