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Showing 831 - 840 of 2671 results for "Purchase"

Amendments to retirement income law assent

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... equitable means test outcomes. Under the new rules: - 60% of annual payments will be assessed as income, and - 60% of the purchase amount will be assessed as an asset before a person's threshold day (currently age 84), or a minimum of 5 years, after ...

Chief economist update: European Central Bank policy U-turn

BENJAMIN ONG  |  FRIDAY, 8 MAR 2019
... European Central Bank (ECB) president Mario Draghi. About two months after the ECB ended QE - its â,¬2.6 trillion asset purchase programme on 31 December 2018 - it's launched TLTRO III, for the same reasons the ECB chief listed - mainly slowing ...

Equity Trustees acquires superannuation trustee

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
... superannuation trustee for $6.2 million. Equity Trustees' parent company EQT Holdings has signed an agreement to purchase Zurich Australian Superannuation (ZAS), a subsidiary of Zurich Australia. ZAS has about $1 billion in funds under trusteeship ...

Chief economist update: Trump tweets bull market back into China

BENJAMIN ONG  |  TUESDAY, 26 FEB 2019
Two tweets from the US President (only because it couldn't fit in one) were all it took to send China's stocks soaring and turn its market technically from a bear to a bull. China's Shanghai Composite Index spiked 5.6% yesterday after US ...

CAER sold to global service provider

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... entire global firm and its dedicated responsible investment arm, ISS ESG. ISS ESG managing director Marija Kramer said the purchase highlighted the firm's commitment to the region. "This acquisition underscores ISS' commitment to the Australian ...

Adviser asked to cover regulator costs

KANIKA SOOD  |  MONDAY, 18 FEB 2019
... the Corporations Act 2001 (Corporations Act) by providing financial advice to clients to set up SMSFs to facilitate the purchase of investment properties in Australia without holding an AFSL," ASIC said. "Mr Gardner, as the sole director and responsible ...

Royal Commission to disrupt product distribution: Roy Morgan

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
Financial product distribution is likely to be disrupted as the Federal Government looks to implement the recommendations of the Royal Commission's final report. Latest insights from Roy Morgan show intermediaries account for the distribution of about ...

Former ambassador assesses US-China trade deal

KANIKA SOOD  |  THURSDAY, 7 FEB 2019
A trade deal between US and China could end the uncertainty but it won't do anything to help the trade deficit, according to Capital Group vice chairman Michael Thawley. The former Australian ambassador to the US spoke at the Financial Standard ...

New rules for UK retirement income products

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... four options include one for those wishing to drawdown all their money within five years; a fund for those wishing to purchase an annuity; one for those seeing long-term income; and a fund for those with no plans to access the money for at least five ...

Pacific Current Group expands US investment

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
... retains the ability to acquire a further 15% of equity at a later date using additional capital calls or through the purchase of additional founder equity.