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Showing 851 - 860 of 2469 results for "Budget"

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... institutions supervisory levies in 2018-19 and $10.6 million recovered as part of ASIC's industry funding model. Overall, ASIC's budget estimate for 2018-19 is $37 million and APRA's is $83 million. Elsewhere, the Australian Financial Complaints Authority ...

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... 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 savings from undue erosion by fees and ...

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... the development of retirement income products and means testing could come as early as 1 July 2019. In Tuesday night's Budget, the Government said it will introduce a retirement income covenant that will require superannuation fund trustees to develop ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... Australia's major financial services associations will be hoping for. Financial Planning Association (FPA) In a 45-page pre-budget submission, the association representing 13,000 financial planners sets out 19 recommendations to the Federal Government. ...

Chief economist update: Budget surplus can wait

BENJAMIN ONG  |  TUESDAY, 8 MAY 2018
... there and everywhere to buy votes - yours, mine and our dogs - as evident by the leakages galore ahead of tonight's Federal Budget "smoke out" in Canberra. Canberra will give back some of the wealth to we, the people. According to the The Guardian, Scott ...

Global investment firm to restructure

HARRISON WORLEY  |  FRIDAY, 4 MAY 2018
... which have been on the political agenda recently, particularly after tax reform in the U.S. and with an impending federal budget. In January Financial Standard readers overwhelmingly supported the suggestion that Australia should follow the lead of the ...

Govt reforms can tackle super gender gap: ASFA

KARREN VERGARA  |  FRIDAY, 4 MAY 2018
In the lead up to this year's Federal budget, the Association of Superannuation Funds of Australia is calling on the Government to take action on a worrying statistic that 80% of women won't have enough money upon retirement. ASFA is using its new white ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... pension and then draw down the minimum income," Gebler said. On May 8, when the Federal Government announces the annual budget, an update on the planned increase of the superannuation guarantee (SG) is expected. Melbourne-based Grattan Institute has ...

Norway dominates sovereign wealth funds

KARREN VERGARA  |  THURSDAY, 26 APR 2018
... fund assets slowed considerably in recent years, influenced by significant challenges from falling oil prices and domestic budget shortfalls. This seemingly reversed in the last year, in part due to the recovery in oil prices, as well as strong growth ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... advisers can be trusted advisers and sales people at the same time: Would it be feasible to provide advice in the form of a budget or appraisal without it resulting in buying into products - without affecting revenue? Wright said there are instances ...