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Showing 661 - 670 of 1737 results for "Minimum"

Vanguard launches ETF, appoints new lead

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
... All-Cap Index (with net dividends reinvested) in Aussie dollars before fees, tax and expenses. Vanguard is recommending a minimum investment time frame of seven years. The fee is 0.33% p.a. It has also launched an unlisted fund for the same strategy ...

Poor governance spurs calls for directorship caps

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2019
... estimates a non-executive director of one ASX200 company would need to commit at least 27-33 days per annum, meanwhile a minimum of 48-72 days would be required of an ASX200 chair each year. Good governance isn't just about oversight however. Testament ...

Treasurer courts retirees with new superannuation measures

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... required to meet the work test. The current rules restrict voluntary contributions to meeting the work test of working a minimum of 40 hours over a 30-day period. From 1 July 2020, 65 and 66-year-olds who don't meet the work test can make voluntary ...

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... recommendations, Hayne asked to consider the merits of a fixed level of coverage for life and/or permanent incapacity insurance and minimum coverage for permanent incapacity insurance. Frydenberg said standardising terms, definitions and exclusions for ...

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... actively-managed portfolio of credit and fixed income assets. The Perpetual Credit Income Trust (ASX: PCI) has met its $150 million minimum from indicative bids, the manager said. It has the capacity to accept $40 million in oversubscriptions on top ...

Banks, ASIC still at war over fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... guidance of ASIC's RG256 over the calculation of refunded fees. RG256 guides institutions towards paying the Reserve Bank's minimum cash rate plus 6%, however Macquarie proposed using a proxy rate to reflect lost earnings, with either the higher of the ...

Amendments to retirement income law assent

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... and - 60% of the purchase amount will be assessed as an asset before a person's threshold day (currently age 84), or a minimum of 5 years, after which 30% will be assessed as an asset for the rest of the person's life. The EM goes on to explain that ...

Pinnacle boutique opens LIT offer

KANIKA SOOD  |  MONDAY, 11 MAR 2019
... 29 with the managers targeting the week following June 30 to pay out the first distributions. The boutique is aiming a minimum raise of $200 million and a maximum of $300 million for 150 million units priced at $2 each. The minimum investment size for ...

Gender pay gap should be government priority

KARREN VERGARA  |  FRIDAY, 8 MAR 2019
... investor networks. The ASX Corporate Governance Council recently revised its principles and urged ASX300 companies to have a minimum 30% gender diversity target. The Australian Council of Superannuation Investors (ACSI) also extended its gender diversity ...

Why this HNW adviser avoids hedge funds

KANIKA SOOD  |  TUESDAY, 5 MAR 2019
A prominent high-net-worth financial adviser is aiming to have 7-10% of his clients' portfolios in alternatives as the markets mature but he's eschewing hedge funds and picking private assets instead. Charlie Viola is a partner at Pitcher Partners where ...