Search Results | Showing 51 - 60 of 147 results for %22Transfer Balance Cap%22 |
| | | Another superannuation fund has pulled its mandate with AMP Capital's Ethical Leaders Balanced Fund, appointing another investment manager to its Balanced Socially responsible option. Legalsuper has terminated AMP Capital as investment manager of ... |
| | | | ... 42,000 businesses in Australia. The transaction is set to be completed at the end of April 2021, and will result in the transfer of approximately $500 million customer loans. Westpac specialist businesses chief executive Jason Yetton, who was appointed ... |
| | | | ... needed to take future contributions from any ongoing part-time work, or to hold assets exceeding the Pension Transfer Balance cap. "This contrasts to APRA funds where the partners are usually not in the same fund, and where their accounts cannot be linked ... |
| | | | ... for example, by deliberately undervaluing an asset when it enters retirement phase and counts towards the transfer balance cap, allowing a greater amount of earnings within the SMSF to be treated as exempt current pension income," it said. "We have previously ... |
| | | | ... non-concessional contribution cap and the proposed change from 1 July 2020, means testing and social security, transfer balance caps, the proposed change to the work test and the conditions to be eligible for early release of super. Ashenden added that ... |
| | | | ... only make up 9% of all superannuation members in Australia. The research pointed to the introduction of the Transfer Balance Cap (TBC) in 2017 as a key cause for the reduction. Following its introduction retirees with large balances, many of whom were ... |
| | | | ... guarantee to ensure the starting balance is not eroded. "An ERF is designed as a temporary account that allows customers to transfer the funds to a superannuation fund of their choice. At all times, our approach is guided by the principle of putting ... |
| | | | ... tax agents (typically accountants) are able to access its portal to get total superannuation balance and transfer balance cap information that is crucial for SMSF advice," Maroney added. "Ironically, these individuals are generally not able to provide ... |
| | | | ... said recent issues identified within the industry by AUSTRAC had caused the bank to review its systems and processes to transfer money to ensure it was reporting the information required by regulators. "While the review is ongoing, it has found no material ... |
| | | | ... is very state specific so that can really cost a lot. Obviously with that the key issue is to get the successor fund transfer working in the right direction. So the advice that you get from your advisors around the stamp duty implication should be a ... |
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