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Showing 51 - 60 of 1473 results for "Recommended"

RBA reforms require bipartisan support: Chalmers

KARREN VERGARA  |  TUESDAY, 18 APR 2023
Treasurer Jim Chalmers intends to gain full support from all sides of politics before implementing the changes recommended by the panel tasked with reviewing the Reserve Bank of Australia (RBA). Chalmers told a press conference yesterday that he will ...

Former Shaw and Partners adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
... not adequately trained and competent, and was likely to contravene laws in future. Between 2015 and 2021, Ridgway recommended clients invest in a range of international unlisted shares sourced by McFaddens Securities, a Sydney-based firm with connections ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... franking credit balance trapped within the company, Burgess added. To avoid unintended consequences, the SMSF Association recommended refining the proposed amendments to clarify that they won't affect distributions in cases where a company has made taxable ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... disability, carers, and First Nations people who typically have a lower life expectancy, the report notes. It has also recommended freezing the Superannuation Guarantee rate to save $1.2 billion a year. Grattan said stopping the planned increases would ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... a pension, 19% was made as a lump sum payment and just 0.1% took an annuity. "If drawdown reforms, including those recommended by the Quality of Advice Review, are implemented, by 2040 an additional two million retirees will have received retirement ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... decided to undertake joint representation they were invited to meet with the federal minister's office, where it was recommended they form an official association. He explained the new association is focused on key initiatives and invested a lot of time ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... the letter poor performers must send to members are good but still place the onus on members to make a change. "As recommended by the Productivity Commission, the onus should be on APRA taking decisive action to direct a transfer of members to a better ...

Fund manager acquired by US fintech

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
... was responsible manager, director, owner and an authorised representative of Ballast Financial Management when he recommended clients with low superannuation balances establish SMSFs and invest in the Bateau Global Opportunities Fund. He failed to disclose ...

Early super release scheme a mistake: ISA

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
... gambling, and furniture. To prevent future governments from opening access to super during economic downturns, the ISA recommended legislating an objective of super that prioritises preservation. Of note, the government's draft objective for superannuation ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... towards eight clients, 1700 complainants are still uncertain about receiving compensation. In 2022, DASS administrators recommended that creditors vote in favour of a proposed deed of company arrangement that would see them receiving as little as 3.1 ...