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Showing 7491 - 7500 of 18128 results for "superannuation"

Downsizing measures present advice opportunities

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... Australians choosing to downsize their residence could contribute up to $300,000 from the sale of their home to superannuation. The initiatives is estimated to have a cost to Budget revenue of $30 million. Under the proposal, those aged 65 and over will ...

Asia-Pacific needs more retirement income specialists: Milliman

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... Australia practice leader Wade Matterson said. "The development of robo-advice has begun to gain traction in the superannuation industry in Australia, and we expect the same to occur in Asia in the near future." If advisers are to break into the market ...

UniSuper chairman steps down, successor appointed

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... ultimately better retirement outcomes for its members." Cuffe has served as a director of the profit-for-member superannuation fund for more than 10 years, with the last six years as chairman. UniSuper chief executive Kevin O'Sullivan praised Cuffe's ...

SMSFs hit hard by super reform

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
About a third (31%) of self-managed super fund members will be adversely affected by the impending superannuation reforms - not 4% the government grossly underestimated in last year's budget. A new report from SMSF software company Class found Baby ...

Terrible tax policies of the last 25 years

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... accounted for 5.2% of the increase in private sector employment," Eslake said. The decision to allow self-managed superannuation funds (SMSFs) to borrow for residential property investment - Howard/Costello, 2007 In 2007, during the last months of the ...

Super associations unite to warn against 'political panel'

EMMA RAPAPORT  |  MONDAY, 8 MAY 2017
... financial services have warned against the introduction of a government-appointed panel to select the eligibility of superannuation products for employer or employee choice. In various submissions to the Productivity Commission's draft report on alternative ...

BTFG drags Westpac performance

KARREN VERGARA  |  MONDAY, 8 MAY 2017
... management up 19% and funds under administration hitting $3.9 billion. During the half, the firm integrated its superannuation, SMSFs, insurance and investments on its BT Panorama, which has about 19% of the wealth platform market. The group's alternative ...

SMSF rollovers hit $8 billion

DARREN SNYDER  |  MONDAY, 8 MAY 2017
Retail superannuation funds accounted for more than half of the $8.1 billion rolled in to self-managed super funds in the 12 months to June 2016. Rainmaker analysis of APRA data also shows retail super funds made up nine of the biggest 10 outflows to ...

Macquarie boosts AUM, earnings flat

KARREN VERGARA  |  FRIDAY, 5 MAY 2017
... a flat income of $313 million for the year, the boost in AUM was largely due to migrating with ANZ Oasis Wrap's superannuation and investment assets in December. "Increased platform commissions from higher funds on the Wrap and Vision platforms was offset ...

Super insurance must be standardised: ISWG

KARREN VERGARA  |  FRIDAY, 5 MAY 2017
The Insurance in Superannuation Working Group is pushing to standardise how super funds communicate life insurance information to members. In its third discussion paper released today, the working group highlights three in ten Australians have no clue ...