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Showing 571 - 580 of 1719 results for "Minimum"

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... impact an individual's Centrelink or Veterans' Affairs payments. The government will also temporarily reduce super minimum drawdown requirements for account-based pensions and "similar products" by 50% for the rest of this financial year and ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... decision of the Rudd Labor government as it dealt with the fallout of the Global Financial Crisis in 2008 to reduce the minimum annual payment amount for superannuation income streams. De Gori pointed out the government's decision ensured Australians ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... up their act and stop charging cash fees. "I believe the trustees should be obligated to provide members with, at the minimum, RBA cash rate." She called for a regulatory shake up among the platform providers. "With regards to the many other areas of ...

Moody's downgrades AMP

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 MAR 2020
... to the ASX. "AMP continues to have a strong balance sheet and capital position, with its Level 3 eligible capital above minimum regulatory requirements of $2.5 billion at 31 December 2019." AMP said that all credit ratings assigned to AMP by other ratings ...

Clime launches new SMA portfolios

ALLY SELBY  |  FRIDAY, 6 MAR 2020
... ASX-listed companies. Although Clime usually targets high net worth individuals, the firm announced it would be dropping its minimum investment to $10,000 for the four model portfolios. The four portfolios will provide a managed portfolio solution to ...

Pinnacle boutique eyes wholesale market

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
... funds and offshore pension funds. The new wholesale vehicle, the Palisade's Unlisted Infrastructure Trust (PUIT), has a minimum of $50,000. Palisade is allocating $100 million to wholesale investors in PDIF. "We have seen the benefits that unlisted assets ...

How to ensure clients will pay higher fees

ELIZABETH MCARTHUR  |  FRIDAY, 28 FEB 2020
... providing advice. Anderson provided an example of an advice practice with a range of clients, falling over and under their minimum viable fee. "All of these reforms are pushing that minimum economically viable level up," Anderson said. "You're going ...

ISA takes swipe at Grattan

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
... inequalities in the labour market are both "reflected and exaggerated" in the super system, calling for the removal of the minimum superannuation threshold. "The $450 threshold creates an unnecessary gap in super coverage that affects workers most in ...

SG amnesty bill finally passes

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
... months before the amnesty ends." Employers found to be underpaying their worker's superannuation will be subject to a minimum penalty of 100% of the SG shortfall they owe - and up to 200% in serious cases - if they fail to get their house in order before ...

SG increase will hurt women: NFAW

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... and retiree are net savers." The NFAW said it believes it is likely retirees are complying with the requirement that a minimum amount be drawn down from super as an income stream in order to ensure that the super fund qualifies for the tax exemption. ...