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Showing 751 - 760 of 2380 results for "Rule"

Industry responds to election outcome

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
... increased to six. Of course, the election result also means that franking credit refunds will continue, there will be no 10% rule and catch up concessional contributions will continue. Busoli said a legislative "assault" promised by Labor had been av ...

Australians demand unpaid super laws: Poll

KARREN VERGARA  |  MONDAY, 20 MAY 2019
... at the same time as they get paid their wage. But what about the rest of Australians? "It's a double standard to have one rule for politicians and another for average Australians," he said.

SMSF wind-ups spike: ATO

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
The number of self-managed superannuation fund (SMSF) wind-ups shot up in the last 12-24 months, according to Australian Tax Office data. Latest ATO data reveals in 2014 the number of SMSF wind-ups was 12,654 and hovered around that point, reaching ...

Should super funds segregate pension assets?

KANIKA SOOD  |  TUESDAY, 7 MAY 2019
... enough to meet the legislative requirements of a Comprehensive Income Product for Retirement. "There is no hard and fast rule on what the best approach is - but any decision needs to be far more nuanced than simply looking at fund size," Williams say ...

Industry fund awards group insurance mandate

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
A $51 billion superannuation fund has awarded a group insurance mandate to TAL, ending a 15-year relationship with AIA Australia. Rest entered a Memorandum of Understanding with TAL to provide life insurance from 1 December 2019. TAL will replace AIA ...

Design and distribution law set to impact property funds

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
The Property Funds Association (PFA) has called the alarm on the Government's recent introduction of product design and distribution obligations that are set to impact unlisted property funds. PFA says that the new legislation could result in fewer ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
Those were the days my friends, we thought would never end... but they ended. The days when measured inflation would go from minus 3% to plus 14%, give or take, back in the grim old days from the 1950s to the late 1980s are no more. Back then the monetarists ...

ASA to vote against AMP remuneration

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
The Australian Shareholders Association is set to take a swing against AMP at the wealth manager's AGM next week. ASA will vote against AMP's remuneration report at its annual general meeting next Thursday, as it harbours ongoing concerns about culture ...

Chief economist update: Lock in two RBA rate cuts

BENJAMIN ONG  |  FRIDAY, 26 APR 2019
... a given state of the economy. In the economics vernacular, this is known as the 'Taylor Rule' - a monetary-policy rule that stipulates how much the central bank should change the nominal interest rate in response to changes in inflation, output ...

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... 000 each financial year - and claim the amount as a personal tax deduction on their tax return. Prior to 1 July 2017 this rule only applied to the self-employed and people who earned less than 10% of their income from employment. Perri explained: "Personal ...