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Showing 711 - 720 of 4259 results for "Financial Standard"

Allan Gray transfers platform, exits super

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2023
... will be rebranded as Ensurity Super and Allan Gray Investments will become Ensurity Invest. In a statement to Financial Standard, the firm said: "Allan Gray took the decision after it became clear that it couldn't deliver the platform service sustainably ...

Capital markets spearhead next recession: CIO

KARREN VERGARA  |  FRIDAY, 3 MAR 2023
... recession. In her recent visit to Australia, Ariel Investments chief investment officer Rupal Bhansali told Financial Standard that highly leveraged sectors, private equity in particular, are a cause for concern at a time when investors are worried about ...

Super on PPL a drop in the ocean

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... balances over $3 million but has only softly committed to paying super on PPL when it can afford to. In a new Financial Standard podcast, Rainmaker Information executive director of research Alex Dunnin said the $200 million needed to help ensure women ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... in the super system, but rather the tax concessions that these balances attract." As previously reported by Financial Standard, the government has proposed a new policy to reduce tax concessions for individuals with a total superannuation balance exceeding ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... divorce settlements, and the tax treatment of capital gains under the new policy. As previously reported by Financial Standard, Shadow Treasurer Angus Taylor also critiqued the government's proposed policy as labelling it another election promise. ...

AMP, Dexus extend deal date

CHLOE WALKER  |  WEDNESDAY, 1 MAR 2023
... payable by Dexus has been reduced from $250 million to a base purchase price of $225 million, as reported by Financial Standard in February. "The alternative transaction approach will be pursued alongside completion requirements for the existing transaction," ...

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... system would require a clear definition of the objective of superannuation. Last week, as previously reported by Financial Standard, the government released a draft objective for superannuation to "preserve savings to deliver income for a dignified retirement ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... retirement products, the whitepaper said. Nevertheless, Optimum Pensions managing director David Orford told Financial Standard that many super funds are considering uninsured products. Trustees of self-insured super funds must be aware of the risks ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... gap. Commenting on the recent performance of the advice business, Insignia chief executive Renato Mota told Financial Standard that the reduction in revenue in part revolves around overhauling the Bridges Financial Services model. Net revenue earned ...

New front in super wars, stability at risk: Opposition

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... leading role in securing Australia's economic future, and the future of society. As previously reported by Financial Standard, this week, the government released a draft objective for superannuation to deliver sustainable retirement income. The proposed ...