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Showing 731 - 740 of 2129 results for "Financial Year"

Australians look to rebuild super: AMP

ELIZA BAVIN  |  TUESDAY, 16 JUN 2020
... others who had the capacity to make additional super contributions were considering doing so ahead of the end of the financial year. "Not everyone has the funds to contribute more to super at the moment, but it's encouraging to see more Australians turning ...

FPA accuses ASIC of price gouging

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... indicative levies for 2019-20 are an estimate, the FPA said a 38% cost increase per adviser is excessive and last financial year the final levy amount was even higher than the estimate. FPA chief executive Dante De Gori described the increased levy as ...

What advisers need to know: BT

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... have rushed into taking the exam even if they weren't fully prepared. With everything going on, the end of the financial year has sneaked up on many. So EOFY help will also be addressed in the webinar.

ING rejigs super offering, closes balanced option

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
... holdings and high exposure to growth assets. ING Living Super has $2.88 billion in total assets at end of last financial year, according to its FY19 annual report. About 40% of this was invested in the balanced option which is set to be closed for new ...

Super fund to remediate members

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
... on fund members as a whole is "minimal". It initially flagged the remediation in its audited accounts for last financial year. On May 14, the fund told members they will receive the remediation as credit to their accounts, listed in the annual statement ...

TPB cracks down on 74 tax practitioners

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... SMSF annual returns. It found that 74 practitioners representing 106 funds had lodged annual returns for the 2017 financial year with an incorrect SAN and failed to satisfactorily respond to ATO inquiries. The ATO then referred the matter to the TPB. ...

Sole purpose test poses SMSF rent relief issue

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test. Breaching ...

ATO allows ERS access to New Zealanders

ELIZA BAVIN  |  WEDNESDAY, 20 MAY 2020
... direction," the ATO said. "Funds should confirm the member understands they will not be able to apply again in this financial year (or at all if they applied on a temporary resident category)." The ATO said funds do not have to confirm that outcome with ...

Industry funds pulled back to the pack

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
... era has thrown everything into the air in the super sector," Elkins said. "For example, at the end of the 2019 financial year, we believed industry funds would overtake SMSFs as the biggest grouping, just as they had moved ahead of retail funds in the ...

ISA questioned over political donations

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... Electoral Commission records demonstrating a $1600 donation to the Labor party made by ISA during the 2018/2019 financial year. Dean could not answer under what circumstances the donation was made, taking the question on notice. "There seems to be what ...