Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 601 - 610 of 1719 results for "Minimum"

Flaws in Grattan SG research: Report

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... decelerate or grow more slowly. This indicates a slight positive correlation between wages growth and changes in employers' minimum SG rate," the report said. The research concludes that winding back SG increases is not a fix to Australia's languishing ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... July and October, as well as the relaxation in lending restrictions. APRA announced in late-May that it is ditching its minimum 7% serviceability interest rate banks are required to apply when lending to borrowers (on top of doing away with its restrictions ...

Morningstar now an ETF issuer

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
... Morningstar has distributed since 2013. This is the $515 million Morningstar International Shares (Hedged) Fund which has a minimum investment size of $10,000. The fund has beat its benchmark MSCI All Country World ex-Australia Index with Net Dividends ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... product on Monday for those who wish to join the fund via their employer. The product is available to any employer with a minimum of 50 eligible employees. If the number of employees who are members of Cbus Corporate Super drops below 30 insured members ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... If their account balance is between $250,000 and $500,000, they should then add 2% - as long as they meet the statutory minimum drawdown rule. For a single retiree aged between 60 and 69 with an account balance of $350,000 the rule of thumb suggests ...

FASEA chief unaware of dwindling adviser numbers

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
... principal Wayne Leggett who are both 64 years of age. All have over 30 years' experience but would need to complete, at minimum, five subjects in order to meet the requirements. Franklin and Forde must both complete a full eight-unit diploma, Stoker ...

IOOF to cut bonuses, pays Kelaher millions

ELIZABETH MCARTHUR  |  TUESDAY, 29 OCT 2019
... considering removing short term incentives for key management personnel. Long term incentives are also expected to change to minimum four year vesting period with a range of financial and non-financial performance measures to be included in vesting conditions ...

Colonial First State launches new fund

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... Global Stewardship Fund will invest in 70 to 100 global stocks, picked with stewardship and governance in mind. It has a minimum investment of $25,000 and a recommended investment period of at least five years. The management costs are 1.03% (class A) ...

FASEA clears up code of ethics

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... and what is expected of financial advisers with the authority saying: "It establishes ethical duties that go beyond the minimum requirements of existing law. It should be noted that, as a legislative instrument, the code has the force of law." "The implementation ...

Former adviser cops 12 years in jail

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
... three-week trial, former Growth Plus Financial Group adviser Ben Jayaweera has been sentenced to 12 years in jail with a minimum period of six years behind bars, having been found guilty of investing client funds marked for investment in a diversified ...