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Showing 71 - 80 of 166 results for "Beneficiary"

For-profit lobbying leads to $53bn problem: AIST

HARRISON WORLEY  |  MONDAY, 3 DEC 2018
... superannuation system has been interfered with by lobbyists to the point where the for-profit super sector is now the beneficiary of billions of dollars in free kicks. The AIST cites RiceWarner research that choice superannuation members stand to lose ...

Inside Bennelong and its UK engine room

DARREN SNYDER  |  TUESDAY, 20 NOV 2018
... vogue it's made identifying good value managers much tougher, Thomas notes. He foresees BennBridge as a potential beneficiary to the "barbell affect" currently sweeping asset management globally. As large managers merge or consolidate there will be teams ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... have demonstrated a failure to do everything that is reasonable to pursue an insurance claim for the benefit of a beneficiary" and contravened section 52, subsection (7)(d) of the Superannuation Industry (Supervision) Act. Costello added it was open ...

Praemium chief executive returns to board

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
... Lewin said. "With the fallout from the Financial Services Royal Commission, Praemium is extremely well placed to be a beneficiary of the shift to independence, and we welcome Michael's ongoing leadership as CEO and managing director during this time." ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... Age Pension means testing rules will also be introduced for pooled lifetime income streams. Baby boomers were also a beneficiary from the Budget. Under Scott Morrison's proposed $259 million package, working baby boomers who also receive aged care pensions ...

O'Dwyer proposes TRIS changes

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
... dependants to quickly engage with the super affairs at what is a particularly difficult time," she said. A reversionary beneficiary is defined as someone who receives a benefit from a superannuation income stream that continues to be paid after the death ...

ASIC puts corner-cutting advisers on notice

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... compliance review conducted in 2016 found one of its advisers had falsely claimed to have witnessed the signing of several Beneficiary Nomination Forms by clients. In an open letter to NAB chief executive Andrew Thorburn, FSU local executive secretary ...

TRIS tops adviser query list

EMMA RAPAPORT  |  THURSDAY, 9 NOV 2017
... most topical query confirms the widespread confusion around TRIS, with questions surrounding whether a reversionary beneficiary can validly pass to the nominated beneficiary after death. "Parts of the new super laws and supporting commentary from the ...

Active the best way forward for super: Research

DARREN SNYDER  |  MONDAY, 23 OCT 2017
... issued a media note on Friday to say that Australian institutional investors, particularly super funds, have been the beneficiary of active investment managers historically delivering consistent performance. Peterson points to the idea that investment ...

Why advisers should revisit death benefits

KARREN VERGARA  |  FRIDAY, 6 OCT 2017
... assumptions when using death benefit nominations (BDBNs). In future, death benefit income streams are credits to a beneficiary's transfer balance account, depending on specific circumstances of the beneficiary. Breckon said from 1 July 2017 some significant ...