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Showing 41 - 50 of 76 results for %22CPS%22

APRA beefs up cybersecurity standards

HARRISON WORLEY  |  THURSDAY, 8 NOV 2018
... standard, and expects all regulated entities to meet its requirements by 1 July next year." Summerhayes said that by introducing CPS 234, the prudential regulator was aiming to ensure all regulated entities develop and maintain information security capabilities ...

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Working baby boomers who also receive age pensions will now be able to earn up to $300 a fortnight before the Government starts to trim their pension payments. The 2018 Budget initiative formed part of Treasurer Scott Morrison's $258.6 million baby ...

Industry welcomes pensioners' dividend tax policy exemption: Poll

KARREN VERGARA  |  TUESDAY, 3 APR 2018
The Labor Party's move to protect aged pensioners from its proposed excess dividend imputation credit reform is welcomed by the majority of the industry, Financial Standard's latest spot poll shows. Prior to shadow treasurer Chris Bowen announcing pensioners ...

Labor's imputation credit reform cops industry backlash

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
The Labor Party's proposed dividend imputation reforms has received backlash from numerous industry heavyweights believing it will have unintended and negative implications on retirees. Shadow treasurer Chris Bowen proposed to eliminate the cash rebate ...

Flat markets impact IAG profit

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
IAG has reported a 14.1% fall in profit as the insurer juggles the impact of lower returns and adverse weather events. IAG reported its FY16 net profit after tax of $625 million down from $728 million in 2015. A loss the group attributes to "a significantly ...

CSC announces three new directors

DARREN SNYDER  |  MONDAY, 4 JUL 2016
The Commonwealth Superannuation Corporation board is working with three new non-executive directors this week following the term expiry of directors John McCullagh, Michael Vertigan and Peter Feltham. CSC chair Patricia Cross said beginning 1 July 2016 ...

BTIM reveals strong results

KERRIE SYDEE  |  THURSDAY, 5 MAY 2016
... levels compared to the same period las year. It is pleasing to deliver our shareholders a 32% increase in cash EPS to 29.1 cps," Gonzalez said. "BTIM has grown significantly since the acquisition of JOHCM in 2001 and is now larger by every measure: FUM ...

Industry bodies clash over pension proposal

MARK SMITH  |  MONDAY, 15 FEB 2016
The Combined Pensioners and Superannuants Association (CPSA) has branded "offensive" an Australian Chamber of Commerce and Industry (ACCI) proposal to turn the Age Pension into a loan recoverable against the family home. In a pre-Budget submission the ...

Pensioners want DB decision reversed

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
The Combined Pensioners and Superannuants Association (CPSA) has launched a campaign for defined benefit pensioners who received a shock in their first 2016 Age Pension payment. On behalf of DB pensioners CPSA is proposing to write to federal Treasurer ...

Seniors react to Commission's retirement housing idea

DARREN SNYDER  |  WEDNESDAY, 2 DEC 2015
The Combined Pensioners and Superannuants Association (CPSA) has called on the federal government to create a policy that achieves housing security for all rather than acting on recommendations calling for retirees to sell down the family home. CPSA ...