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Showing 811 - 820 of 3266 results for "Rather"

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... issues of governance over the procurement of tax advice within ASIC. It was not clear why ASIC procured the tax advice rather than Shipton procuring it himself and then being reimbursed by ASIC. Paterson pointed out that following the ANAO raising the ...

Successor fund transfer finalised

ELIZABETH MCARTHUR  |  TUESDAY, 17 NOV 2020
... concluded that member interests will be better served by transitioning to Sunsuper, a large multi-industry superannuation fund, rather than continuing the plan in its current form," IAG & NRMA Superannuation Plan told members. Current insurance for IAG ...

Industry fund introduces tax incentive

KARREN VERGARA  |  TUESDAY, 17 NOV 2020
... bonus will also help encourage retirees to keep their savings invested by opening a Super Stream account-based pension, rather than withdrawing their retirement savings as soon as they reach their preservation age," he said. Separately, the nearly $3 ...

Fund managers' ESG beef

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
... food system is more urgent than ever." COVID-19 did nothing to help the ESG risks associated with meat and dairy either - rather, the pandemic has highlighted another risk factor. The mainstream theory on the origin of COVID-19 is that it was spread ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... the year to June 2021 and 4% in 2022. The unemployment rate is expected to remain high, but to peak at a little below 8%, rather than the 10% expected previously. At the end of 2022, the unemployment rate is forecast to be around 6%. This extended period ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... extraordinary central bank intervention. Investors need to remember the defensive role that fixed income plays in a portfolio rather than simply looking at headline yields, which have also come down dramatically on term deposits and other cash alternatives," ...

Magellan's largest client asked to review costs

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... outflows from SJP as a key risk, however, any disruption to SJP could see the rate of growth slow marginally (ie less positive rather than negative). External manager fees have not been raised as an issue by PrimeStone but they could potentially come ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... hearing when he said :"At the moment it looks like the September quarter for the country probably recorded positive growth rather than slightly negative." The Australian economy fulfilled the technical definition of a recession - two consecutive quarters ...

Calls to axe TPB for financial advisers

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... Gori said. "A number of these functions currently exist in other government agencies, including FASEA, ASIC and the TPB. Rather than duplicate them, the single government body should assume these functions. " Tax financial adviser Julie Berry recently ...

Super advice firm buys robo-adviser

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... for affordable and accessible advice. It noted that robo-advice is not in direct competition with financial advisers, but rather digital and holistic advice are complementary offerings. Six Park chief executive Pat Garrett said: "[..] In fact, when a ...