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Showing 761 - 770 of 2423 results for "ESP"

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
With the bushfire inferno still raging, Australia needs all the good news it could get... and it's arrived. The All Ordinaries index surged by 0.7% to a new record high of 7041.9 points and the Australian dollar appreciated by 0.6% to US$0.6901 ...

Who is really using the LISTO?

ELIZABETH MCARTHUR  |  THURSDAY, 9 JAN 2020
Analysis from AMP has revealed who the biggest recipients of the low-income super tax offset (LISTO) are. AMP has looked at 174,000 customer's data over a four-year period and found a significant jump in the number of women receiving the low-income ...

Pay jockeys super: Federal Court

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
The Full Federal Court has ruled that horse racing clubs and state racing boards are required to pay superannuation for jockeys. The court upheld the Australian Tax Office's super guarantee charge assessments in regards to riding fees paid to jockeys ...

More MySuper accounts close than open: APRA

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
Latest data from APRA shows more MySuper accounts closed in the last financial year than were opened. According to APRA's annual MySuper statistics, about 2,151,403 new MySuper accounts were created in the 2018/19 financial year. However, about 2,189,859 ...

APRA slaps extra conditions on Avanteos

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
The prudential regulator has hit Colonial First State's Avanteos Investments with additional licence conditions for charging fees to thousands of dead superannuation members. The firm, which holds a Registrable Superannuation Entity license, charged ...

Industry fund pushes for simpler super splitting

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
One of the nation's largest super funds has joined forces with Women's Legal Service Victoria (WLSV) to simplify the process of splitting super assets. HESTA said it is working with WLSV to remove barriers preventing women from claiming their fair share ...

Fix gaps in AFCA remit: Creevey Russell

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
Creevey Russell principle Dan Creevey is calling on the government to urgently fix gaps in reforms made to the Australian Financial Complaints Authority, with certain groups at risk. As part of the reforms following the Royal Commission, changes were ...

Aberdeen appoints head of Australian fixed income

KANIKA SOOD  |  WEDNESDAY, 4 DEC 2019
Aberdeen Standard Investments has promoted internally to appoint a head of Australian fixed income, after the team lost two experienced investors in September. Garreth Innes is moving into the Sydney-based role after eight years on the team. He reports ...

Stanford Brown acquires Sydney advice firm

KANIKA SOOD  |  WEDNESDAY, 4 DEC 2019
Stanford Brown has acquired a Sydney advice practice from Godfrey Pembroke, with chief executive Jonathan Hoyle saying there's more to come. World Square Financial Services was founded by former NAB Private Bank financial adviser Robert Wiggins ...

Global firm cuts fund fees

HARRISON WORLEY  |  TUESDAY, 3 DEC 2019
A global asset manager shaved 10 basis points off the management fee of its global fixed income fund. Legg Mason cut the management fee of its $45 million Legg Mason Brandywine Global Income Optimiser Fund to 0.65% per annum, as the offering approaches ...