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Showing 911 - 920 of 922 results for "Incentive"

FPA calls for full disclosure on Risk Products

The Financial Planning Association (FPA) has rejected a parliamentary committee's recommendations to permit non-disclosure of commissions on risk products. The Joint Parliamentary Committee on Corporations and Financial Services in a majority report ...

Opposition launches biting criticism of Government's super policies

The shadow minister for retirement incomes, savings and consumer affairs - Senator Nick Sherry, has said that the gazetted regulations which allow so-called portability in superannuation are phoney and unsafe. In an announcement made today he said that ...

Superannuation bill rejected by Labor

Government plans to reduce the superannuation surcharge from 15 per cent to 10.5% and introduce an exclusive tax cut for high income earners were rejected last night as Labor opposed a superannuation bill in the Senate. "This is a blatantly unfair tax ...

Moody's downgrades Royal & Sun Alliance LMI

... as R&SALMI is a non-strategic, run-off business of Promina, Moody's does not believe that Promina has much long-run incentive to maintain other than the minimum capital level at R&SALMI. Furthermore, the rating agency believes that while the management ...

"The time for rhetoric is over": ASFA demands progress on super

The Association of Superannuation Funds of Australia (ASFA) has welcomed the Government's commitment to superannuation reform, but warned that political compromise by all parties may be necessary to ensure the reforms are put into practice. "The three ...

ASFA welcomes Coonan's reassurance on co-contribution

The Association of Superannuation Funds of Australia (ASFA), a strident critic of Government policy in the wake of Tuesday's Budget announcement, has welcomed Senator Helen Coonan's reassurance today that the Government "remains committed" to the superannuation ...

Towers Perrin blasts Government decision to "ignore" super

... the triple superannuation taxation system (not counting surcharge), which has long been criticised for reducing the incentive for, and the hence the adequacy of, retirement savings. Without increased incentives to save, many Australians face the prospect ...

Afternoon market wrap: AMP heads towards $5.00

... $5.00 ahead of the weekend. The company, with an admirable sense of timing, has also announced that performance-related incentive packages for chief executive officer Andrew Mohl and Henderson Global Investors managing director Roger Yates have been ...

ASFA calls on government to deliver on $300 million promise

The Association of Superannuation Funds of Australia (ASFA) has urged the Government to free up the $300 million allocated in the last Budget to matching voluntary super contributions and channel it towards those who need to save most. "Given the impasse ...

ANZ financial literacy survey sparks political catfight

... to superannuation their grasp is poor. This should not come as a great surprise because at the moment there is little incentive for workers who do not have the freedom of choice to become financially literate about super," Campbell said. "Without incentive ...