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Showing 61 - 70 of 7026 results for "Total"

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... $700. "The changes to the personal income tax system will have a net cost of $1.3 billion over the forward estimates. The total impact of these tax cuts is expected to be $107 billion over the forward estimates," the government said. The Morrison government ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... coverage for death benefits; a 36% reduction from June 2018 to June 2023. A comparable decline was observed in the coverage for Total and Permanent Disability (TPD). The previous government's PYS measures, effective from 1 July 2019, aimed to safeguard ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... finished the quarter near all-time highs, APRA said, noting that the ROR for the year ending in December 2023 was 9.5%. Total contributions increased by 11.7% to $172.6 billion while benefit payments rose 21.5% to $111.1 billion. The latter was the result ...

Copia seals distribution partnership

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... companies, specifically those operating in utilities, energy, transportation, and communications, that aim to provide long-term total returns using an environmental, social and governance (ESG) overlay. The fund returned 11.7% per annum before fees and ...

TelstraSuper sweetens parental leave policy

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... yesterday. According to the WGEA, TelstraSuper has a median base salary gender pay gap of 11.7% and a gap of 12% when it comes to total remuneration. Its workforce was 51% female in the relevant period, being FY22/23. About 36% of its upper pay quartile ...

Rest awards impact mandate

RACHEL ALEMBAKIS  |  TUESDAY, 27 FEB 2024
... fund. Rest has invested in an international listed equities strategy run by Ninety-One, which "aims to achieve long-term total returns by investing in companies that are expected to contribute to the transition to a lower-carbon global economy," and ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
... the financial services industry's median base salary gender pay gap sits at 23.6% while the median gender pay gap for total remuneration is 26.1%. The upper pay quartile for the industry is 35% female, while the lower quartile is 64% female. The ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... $140.5 million. In its adviser numbers it saw net growth of 17 across the licensed and self-licensed channels, with its total now sitting at 1338. It added that the pipeline to recruit is also strong due to licensee consolidation and it expects further ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... global custodian to Milford Asset Management, servicing all its Australian and New Zealand funds across 24 markets. Its total funds under management exceed $16 billion. Milford said it was looking for an asset servicing partner with a complimentary Trans-Tasman ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... non-concessional contribution bring-forward provisions will increase from $330,000 to $360,000. Also from this date, the total superannuation balance thresholds used to determine the maximum amount of bring-forward non-concessional contributions available ...