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Showing 581 - 590 of 922 results for "Incentive"

Could MySuper free-for-all lead to illegal inducements?

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
... worse off. "How will the member be protected from an employer being put in a position where they're being dangled an incentive to create a default fund for their workforce, but actually it's more about their personal benefit because of the commercial ...

IPA joins calls for LISC reintroduction

MARK SMITH  |  WEDNESDAY, 9 APR 2014
... less than the tax free threshold of $18,200 will now pay more tax inside superannuation than outside. "There is little incentive for low income earners to put away extra money into their superannuation," IPA chief executive Andrew Conway said. "This ...

ASIC eyes fee for service funding model

LAURA MILLAN  |  TUESDAY, 8 APR 2014
The Australian Securities and Investments Commission (ASIC) asked the Financial System Inquiry (FSI) to consider changing the regulator's funding model to one partly based on fee for service. In a submission to the Murray inquiry, ASIC proposed to charge ...

Industry heralds government capital recycling plan

MARK SMITH  |  MONDAY, 31 MAR 2014
An agreement between the federal and state governments to incentivise asset sales which have the potential to boost the economy has been welcomed by the superannuation industry. The federal government wants to encourage states to sell businesses and ...

Individual cover through super, key to insurance recovery

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
The real opportunity for the insurance industry lies in encouraging consumers to enhance their default life risk cover within their superannuation, MetLife and Financial Services Council (FSC) research has concluded. "The real challenge for the industry ...

PC examines Weaven's 'inverted bid' infra model

JAMES FERNYHOUGH  |  MONDAY, 17 MAR 2014
... form of a guaranteed internal rate of return (IRR). "Providing a guaranteed rate of return reduces long-term equity's incentive to perform efficiently, as long-term equity will have less 'skin in the game' and may even lead to moral hazard," the PC said. ...

NAB reports $1.4 billion net profits

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
National Australia Bank (NAB) has reported unaudited net profits of $1.4 billion and unaudited cash earnings of $1.55 billion for the December quarter. The latter figure represented a 7% rise from the corresponding period, and was 2% above the quarterly ...

(Back) wages

BENJAMIN ONG  |  THURSDAY, 20 FEB 2014
... increase and his base pay packet "to $2.65 million last year" -- and that's not counting the "millions in bonuses and incentive-based shares". All up, Thodey received A$8.8 million. That's so much caviar and lobster on his table! According to the report ...

FSC joins calls for tax deductible advice

MARK SMITH  |  MONDAY, 10 FEB 2014
The Financial Services Council (FSC) has recommended the government implement tax deductions for those seeking financial advice. The FSC used its pre-Budget submission to join organisations such as the Financial Planning Association (FPA) and the Institute ...

Challenger Diversified Property Group reports earnings growth

MARK SMITH  |  TUESDAY, 4 FEB 2014
Challenger Diversified Property Group has reported normalised earnings of $23.9 million for the six months to 31 December 2013, up from $22.9 million for the same period the previous year. Net profit after tax (statutory) fell to $15.2 million for the ...