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Showing 8491 - 8500 of 18128 results for "superannuation"

TAL Direct business penalised for advertising

ALEX BURKE  |  WEDNESDAY, 2 DEC 2015
... provide." said ASIC deputy chair Peter Kell. Direct income protection insurance can be sold through advisers and some superannuation funds, but due to increasing regulatory pressure on reducing claims, insurers (including TAL) have been refining waiting ...

ASIC bans another SMSF auditor

ALEX BURKE  |  WEDNESDAY, 2 DEC 2015
ASIC has permanently banned an auditor from providing services to self-managed superannuation funds. Based in Sydney, Abe Samuel was found to have breached independence requirements by the regulator, specifically by auditing a fund of which he was a ...

The world of ASFA according to Twitter

MICHELLE BALTAZAR  |  TUESDAY, 1 DEC 2015
A rocket scientist, an Oscar winner and a literary figure walked into a bar. No, wait, a superannuation conference. It was the superannuation conference that launched a thousand tweets. 1,493 to be exact over a three-day period. This may sound miniscule ...

Retirees should draw on home equity: Productivity Commission

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
... strong preference to 'age in place' and access in-home aged care services if they need them. The Association of Superannuation Funds of Australia (ASFA) recently released a paper that said about 8% of Australians expect support on aged care from their ...

Tasplan and Quadrant merger official

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
Tasmanian superannuation funds Tasplan and Quadrant officially merge today in a move that will strengthen Tasplan's position to eventually merge with the RBF Tasmanian Accumulation Scheme. Tasplan chief executive Wayne Davy said in light of the merger ...

Life insurance claims revamped at industry fund

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
An industry superannuation fund and its insurer have launched an online life insurance claim tool that enables quicker payments and helps identify return to work and rehabilitation services for members. Sunsuper and AIA Australia announced their new ...

Retail super members gouged by $7.1bn: ISA

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
... fees to in-house suppliers. The estimate was released hours before the Senate will hold its final debate on the superannuation trustee governance bill. ISA chief executive David Whiteley said the latest analysis is more evidence of the conflicted nature ...

SMSFs hurt more than APRA funds in downturn

MARK SMITH  |  MONDAY, 30 NOV 2015
The SMSF segment of the superannuation system suffered more in the recent market correction, the latest APRA figures for the September quarter show. Total super assets dropped in the September quarter by 1.6% from $2.03 trillion to $1.99 trillion. For ...

ACCI supports closing tax breaks on high balances

MARK SMITH  |  MONDAY, 30 NOV 2015
... Chamber of Commerce and Industry (ACCI) has said there is "sense" in closing tax relief for people with very high superannuation balances. In a statement the pro-business body said a balanced package of reforms to Australia's superannuation and tax systems ...

Super fund governance bill enters final debate

DARREN SNYDER  |  MONDAY, 30 NOV 2015
The Senate is slated to have its final debate on the superannuation trustee governance bill tomorrow, which at a minimum will see one third independent directors on APRA-regulated super fund boards. The bill could see one last amendment from crossbench ...