Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 761 - 770 of 1613 results for "Recommended"

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... committed to ensuring the super system is sustainable, flexible and has integrity. The objective of superannuation, as recommended by the Financial System Inquiry, is 'to provide income in retirement to substitute or supplement the Age Pension'. This ...

MFSIM execs use $143.5m in client money to repay debts

KERRIE SYDEE  |  TUESDAY, 24 MAY 2016
... especially defined benefit style funds, the adviser must ensure all necessary investigation of both the existing and recommended products has been undertaken. "ASIC will not tolerate advisers who place their interests above those of their client and ...

ASIC accepts EU of former adviser

KERRIE SYDEE  |  WEDNESDAY, 18 MAY 2016
... failed to conduct a needs analysis to ensure the amount of insurance cover sought was in his clients' best interests, recommended cover where clients were unable to afford insurance premiums and failed to "demonstrate the ability, professional skills ...

PIMCO Income fund launched in Australia

MARK SMITH  |  WEDNESDAY, 11 MAY 2016
... existing range of solutions, particularly those planning for retirement." The fund received an introductory rating of "Recommended" from both Lonsec and Zenith and is available through the ASX mFund service. In its product assessment Zenith said, "The ...

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
... minimum annual drawdown amounts for account-based superannuation income streams. Among its considerations Treasury has recommended that annual minimum drawdown requirements be consistent with the objective of superannuation and the Australian Government ...

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... Australian retirees, and help them to better manage consumption and risk in retirement," O'Dwyer said. "This change was recommended by the Retirement Income Streams Review. The Government has released the Review and agreed all its recommendations. We ...

What the budget means for you

MARK SMITH  |  TUESDAY, 3 MAY 2016
... help establish Australia as an exporter of financial services to Asia including new collective investment vehicles recommended in the 2009 Johnson report. Global fund managers and financial services companies with operations here may be impacted by a ...

Drop in regulator staff numbers under coalition

MARK SMITH  |  MONDAY, 2 MAY 2016
... funding even though ASIC chairman Greg Medcraft has specifically called for additional resources and the Murray report recommended greater powers. "When the corporate regulators are hobbled the threat of punishment for those who break the law is lessened ...

Potential budget super alterations welcome

DARREN SNYDER  |  MONDAY, 2 MAY 2016
... year with the abolition of the LISC. On Friday a Senate report looking into economic security for women in retirement recommended the federal government retain the LISC beyond 2017, and that concessional superannuation contributions of lower income earners ...

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
... structural deficit, according to global audit, tax and advisory services provider KPMG. The company has specifically recommended that the annual income threshold at which a 15% tax rate applies for concessional super contributions should be reduced from ...