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Showing 751 - 760 of 784 results for super kanika sood

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Working baby boomers who also receive age pensions will now be able to earn up to $300 a fortnight before the Government starts to trim their pension payments. The 2018 Budget initiative formed part of Treasurer Scott Morrison's $258.6 million baby ...

ASIC drags NSW adviser to court

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
A financial adviser who allegedly recommended his clients set up SMSFs and invest funds in a company where he was a director; and claimed life insurance commissions from illegitimate applications, will face the Federal Court this month. ASIC has commenced ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... holistic program of superannuation administration. The remaining demands remain largely the same: it wants the $450 per month Super Guarantee (SG) threshold abolished; a ramp up in SG rates to achieve 12% in four years; SG to be paid on parental leave ...

Regtech scores deal with US bank

KANIKA SOOD  |  MONDAY, 7 MAY 2018
Sydney and Ireland based regtech Kyckr has signed a five-year data licensee agreement with a US bank, under which the bank will have access to 200 regulated primary sources of corporate intelligence across 120 territories. The un-named bank will be ...

WA Super names advice GM

KANIKA SOOD  |  FRIDAY, 4 MAY 2018
WA Super has made two promotions, including in its advice business. Quyen Truong moved into the role of WA Super's general manager of advice and distribution in April. She was previously head of advice in the fund's operations management team. Before ...

ASIC deregisters 117 SMSF auditors

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... not lodged annual statements with their fee, despite the November warning. Responding to the announcement, Self Managed Super Fund Association (SMSFA) said it supports strong regulation of SMSF auditors. "SMSF auditors are most likely not lodging their ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... "The faster-than-expected drop-off in spending casts doubt on some common rules of thumb, such as aiming to save enough super to replace a set percentage of pre-retirement income and suggests a more nuanced approach," Milliman financial risk management ...

Royal Commission to drive independent advice market: GlobalData

KANIKA SOOD  |  MONDAY, 30 APR 2018
Financial planners are likely to ditch the big four and AMP's wealth businesses to set shop alone, as customers move towards independent advice following the Royal Commission, according to GlobalData. Customers will become more discerning in their choice ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... of Henderson's, Donna McKenna, filed a complaint with FPA saying the adviser - who frequently appeared on TV - moved her super to an SMSF against her wishes. The FPA has still not resolved the complaint and Henderson currently holds an FPA membership ...

Funds SA fills two senior investment roles

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... appointed Frontier Investment Consulting's associate consultant. At that point, he had worked as a researcher for Industry Super Property Trust, where he was involved in strategy and capital markets research and commercial transactions, Financial Standard ...