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Showing 831 - 840 of 1894 results for "Determine"

New Zealand retirement system under review

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
New Zealand's retirement income system is under review, determined to measure the impact of shifting labour forces and declining home ownership. Submissions are open for the Commission for Financial Capability's (CFFC) three-yearly review of ...

Advice associations weigh in on member interests bill

HARRISON WORLEY  |  FRIDAY, 19 JUL 2019
... But the AFA went further in its submission, accusing the Government of failing to conduct a cost benefit analysis to determine the proposed bill's effectiveness. AFA general manager of policy and professionalism Phil Anderson said the bill's ...

ASIC moves to ban direct life cold calling

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
ASIC moved to ban the unsolicited telephone sales of life and consumer credit insurance. Consultation is open for ASIC's proposal to ban the sale of direct life and consumer credit insurance by unsolicited phone calls, in a move the corporate regulator ...

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
... rate of 1.75% (anything thereafter is deemed to earn 3.25%). The deeming rate, the interest rate which the DHS uses to determine the amount pensioners will receive, is applied to financial investments. These assets are defined as pensioners' savings ...

LGIAsuper to stand on its own

HARRISON WORLEY  |  TUESDAY, 9 JUL 2019
Queensland-based superannuation fund LGIAsuper has doubled down on its efforts to rebuke the current trend of consolidation sweeping the sector. In a post to its website, chief executive of the $12 billion fund, Kate Farrar said LGIAsuper was not seeking ...

ASIC boosts AFSL application requirements

HARRISON WORLEY  |  MONDAY, 8 JUL 2019
... insurance capacity statement and underwriting agency capacity statement respectively. ASIC said the change will help determine whether it has reason to believe an applicant is likely to contravene its legislative obligations, including to deliver financial ...

VanEck changes tack on ETF

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
Australia's only exchange-traded fund to track S&P/ASX 200 companies which pay 100% franked dividends has changed its strategy. The VanEck Vectors S&P/ASX Franked Dividend ETF (ASX: FDIV) tracked an index that VanEck developed with S&P Dow Jones ...

MLC Super updates TPD cover, premiums

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... all working members from 1 July 2019. For members who have worked for 13 months before lodging a claim, MLC Super will determine if the member is unable to work ever again under the Any Occupation definition. Part of the new Any Occupation definition ...

Sovereign wealth fund revokes exclusions

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... grounds for exclusion are no longer present. In line with the fund's management mandate, the Ministry of Finance will determine if and when the holdings may be re-introduced to the fund's benchmark index. "Re-introduction into the benchmark index will ...

Instos flex influence over investee companies

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
Superannuation funds and fund managers wield significant influence over capital allocation decisions in companies they invest in, research from Monash Business School finds. About 275 Australian institutional investors, the majority of which work in ...