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

Search Results

Showing 71 - 80 of 285 results for %22Reliance%22

Super debate too one dimensional: Rice Warner

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
... years," the firm said. But according to its own research, the super industry is doing its job by reducing the nation's reliance on the Age Pension. "The cost of the Age Pension is expected to reduce from 2.6% of GDP to 2.1% by the end of the century. ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... other market disruptions. We have consulted through the process as required." As a result, those practices with a heavy reliance on grandfathered commissions will be hardest hit by the buyback changes. "The government has legislated to bring an end to ...

Australians demand SG increase: ISA

HARRISON WORLEY  |  MONDAY, 29 JUL 2019
... comfortably off their super in retirement. The survey also found Australians are concerned about the prospect of greater reliance on the age pension as a result of not saving enough super, with 66% concerned by the costs of supporting more people through ...

Industry bodies react to APRA review

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... decades, against objectives set by the trustees, he explained. "Simplistic approaches to assessing member outcomes, such as reliance on league tables of short-term fund performance, reduce the efficacy of the superannuation system and go against the ...

Dealer group transitions to fee-based model

KARREN VERGARA  |  TUESDAY, 25 JUN 2019
... firms," he said. "This is an important milestone because, over time, the new fee model will remove the company's reliance on grandfathered rebates." Benbow did not disclose the details of the new fee-for-service arrangements but flagged that in the ...

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... generally less of an effect for other ages but varies widely," it said. "As a result of the changes, there is decreased reliance on young members subsidising older members, as young members are paying less and older members paying more." As part of the ...

Fee for no service on APRA and ASIC radar

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
... the best interests of members. They emphasised that "care needs to be taken to ensure that controls do not place undue reliance on assurances or attestations from financial advisers or other third parties given the potential personal conflict of interest ...

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
... 2007. Australia's Federal Budget is still 46% reliant on individual taxpayers, which is more than double the 20% reliance on company taxes; 8% reliance on excise; and 7% reliance on asset sales, interest and dividends. As a result the government ...

Franking changes feared by shareholders

HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
... shareholders reveals they expect to be heavily affected by the changes to imputation credits, with 85% indicating their reliance on the scheme. AFIC said 85% of respondents believe the changes will result in a negative impact on their income, while 79% ...

Jamieson Coote Bonds introduces global fund

DARREN SNYDER  |  WEDNESDAY, 13 MAR 2019
... markets currencies and seems deeply intertwined with the performance of the Chinese economy, given Australia's heavy reliance on China as a major trade partner." JCB said it has actively managed its global strategy since February 2018. Its investment ...