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Showing 691 - 700 of 1720 results for "Minimum"

Downsizer scheme gains ground

JAMIE WILLIAMSON  |  WEDNESDAY, 24 OCT 2018
... within 90 days of settlement. Further, the sale must have taken place post-1 July 2018 and must have been owned for a minimum of 10 years before the sale. "Interestingly you don't have to have lived in the home for the entire ownership period. So long ...

APRA readies ADIs for BEAR

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
... in a manner appropriate to its size, risk profile and complexity," it said. APRA said ADIs must go beyond meeting the minimum statutory requirements and continue to evolve and embed the accountability regime within their institutions. It expects an ADI ...

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
... LIC's ownership was concentrated in the hands of a few investors, which could impact its liquidity. It crossed its minimum raise about a week into the offer's opening. "The mixture of shareholders was increasingly concentrated and so there was ...

Perpetual distribution lead departs

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
... head of Asia Pacific, Nick Hoar said. The IPO Hoar refers to raised $413 million - well in excess of the $150 million minimum.

Government to relax super work test

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
... one year. To be able to make voluntary contributions to super, members aged 65 to 74 are generally required to work a minimum number of hours over the financial year, which is also known as the work test. The proposed changes will make way for a one-year ...

Super funds call for grandfathering ban

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... appropriately, do the opposite," he said. "Given the fiduciary nature of superannuation it is reasonable to expect that, at a minimum, savings are managed with a high degree of prudence and integrity by trusted institutions."

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... requirements are not sufficient, what should be changed?" they asked. In the group insurance segment, they asked if universal minimum coverage requirements, key definitions, and key exclusions should be prescribed for group life policies offered to MySuper ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... falling below community standards by failing to communicate with members about key exclusions, such as the prescribed minimum balance exclusion in annual statements. It also deducted premiums from the paraplegic member but weren't covered by the policy. ...

AI Group pushes back against super gender gap reforms

HARRISON WORLEY  |  MONDAY, 24 SEP 2018
... the retirement incomes of women. AI Group chief executive Innes Willox said Labor's proposal to phase out the $450 minimum monthly income threshold for eligibility of the superannuation guarantee would "add significantly to the costs of employment," ...

Easton buys SMSF service provider

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
... company for $329,000 in upfront cash, to be followed by a further deferred cash payment 12 months later is it achieves a minimum revenue level, which the company did not disclose. Easton will immediately integrate the back offices of SMSF Expert and ...