Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 8631 - 8640 of 22801 results for "Funds"

Infrastructure receives $24.5 billion injection

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... important asset class for Australian investors, with more than $111 billion FUM invested, primarily led by superannuation funds, according to Rainmaker research. It has also been growing - up of 16.7% over the 12 months ending December 2017. However ...

Retirement income rules boost annuities: Challenger

ALEX BURKE  |  WEDNESDAY, 9 MAY 2018
... living post-retirement just became more achievable. The clarity around the compulsory offering of CIPRs by superannuation funds is in the best interests of all Australians. We strongly believe it significantly helps meet the true purpose of superannuation." ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... those in their early working years to pensioners. Most notably, the Federal Government will mandate that superannuation funds no longer have opt-out life insurance arrangements for members under 25. The Government has also stated its latest position ...

Budget big picture: Surplus on radar

ALEX DUNNIN  |  TUESDAY, 8 MAY 2018
... revenues, the $9 billion or 23% increase in excises and levies, the $3 billion or 22% increase in taxes on superannuation funds, and other tax revenues increasing $3 billion or 22%. The net effect of these movements is that the share of total receipts ...

Budget 2018: Social media reaction

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... 8, 2018 Deloitte, one of the big four accounting firms, says the Federal Budget will return to balance in 2019-20. Super funds to be required to "formulate a retirement income strategy for members". Providers of retirement income products to "report ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... million in 2018-19 to support the establishment of the external dispute resolution scheme. The Association of Superannuation Funds of Australia (ASFA) suggested the July 2018 start date for AFCA may not be possible, though, given the magnitude of work ...

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
The Federal Government will mandate that superannuation funds no longer have opt-out life insurance arrangements for members under 25 and those with low balances. Budget papers said this was being done as a means of "protecting Australians' retirement ...

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... compared to drawing down the minimum amount and also give her confidence that she won't run out of money. By keeping 75%of her funds in a flexible account, Ying is free to draw on her capital to pay for expenses like a new car, holiday or health care. ...

Insto investment committees step away from status quo

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... owners invest, Brentnall said it is challenging to think about how this impacts organisational structure. QSuper head of funds management Charles Woodhouse said the $78 billion superannuation fund moved to an internal investment team and a total portfolio ...

ASIC drags NSW adviser to court

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
A financial adviser who allegedly recommended his clients set up SMSFs and invest funds in a company where he was a director; and claimed life insurance commissions from illegitimate applications, will face the Federal Court this month. ASIC has commenced ...