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Showing 61 - 70 of 913 results for "Maximum"

ART makes sweeping changes to corporate super plans

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... average, will see a decrease in premiums. There will also be changes around the definition of terminal illness and the maximum level of cover a member can have. ART said to better align the scheme with the Superannuation Industry (Supervision) Regulation ...

Fin365 to build one-stop-shop for financial firms

MATTHEW WAI  |  MONDAY, 16 JUN 2025
... situation where innovation is outpacing adoption, It's very difficult for our customers to keep up and ensure they're taking maximum advantage," Handley added. "This has led to an increase in the need for technology consulting and resources such as CTOs ...

TAL scores new super fund mandate

JAMIE WILLIAMSON  |  FRIDAY, 13 JUN 2025
... by members will remain as they currently are until 30 June 2028. Among other changes, members will also have increased maximum cover amounts of tailored insurance. The maximum amount of death cover rises from $5 million to unlimited, for terminal illness ...

Telegram pump and dump schemers plead guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUN 2025
... one count of dealing with money or other property that was proceeds of crime, valued at $10,000 or more. They all face a maximum penalty for the conspiracy offence of 15 years' imprisonment and a fine of over $1 million. ASIC alleges the four individuals ...

BUSSQ lowers administration fees

ELIZA BAVIN  |  TUESDAY, 27 MAY 2025
... account balance of $50,000 would have been charged, or have deducted, $100 in administration fees and costs of up to a maximum of $1000 per year, plus $91 regardless of the account balance. After the change, a member with $50,000 in their account will ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... retirement transition members from June 1. The fee will drop from 0.23% of a member's balance to 0.17%. At the same time, the maximum annual admin fee on a retirement account is dropping to $1300, down from $1500. This could equate to a 25% cut or, for ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... by boosting their super savings." Under the current settings, an apprentice earning $27,778 per year would reach their maximum LISTO entitlement early, long before they receive the full benefit. "Boosting the cap to $810 would ensure workers aren't ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... offending, reiterating the impact was "significant" and "life changing", while causing emotional and financial devastation. The maximum penalty for an offence of dishonestly obtaining financial advantage by deception under s192E(1)(b) of the Crimes Act ...

Ascent Investment mastermind cops 33 criminal charges

KARREN VERGARA  |  MONDAY, 12 MAY 2025
... Commonwealth Director of Public Prosecutions. Each offence of fraud under the Criminal Code in Western Australia carries a maximum penalty of seven years imprisonment or 10 years if the person deceived is 60 years or older. The maximum penalty for each ...

AMP shareholders approve executive pay

KARREN VERGARA  |  MONDAY, 14 APR 2025
... week, newly appointed AMP chair Mike Hirst said: "As a result, the committee agreed that it was appropriate to reduce the maximum short-term incentive for the chief executive and executive team from 200% of fixed remuneration, to 150% from 1 January ...