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Showing 961 - 970 of 2129 results for "Financial Year"

Suncorp reviews options for life insurance business

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... returns for our shareholders." Higher profit margins resulted from favourable claims experience at the end of last financial year, as well as reduced expenses and repricing benefits, the director's report said. It noted new business volumes were impacted ...

Contract work threatens super: Research

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
The rise of the gig economy is one of several factors putting the fundamentals of superannuation at risk, latest research shows. Vision Super, in conjunction with the John Curtin Research Centre, has produced a report that highlights vital steps needed ...

AustralianSuper slashes insurance premiums

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
... Australia's largest superannuation fund is reducing insurance premiums that will save members $100 million over the next financial year. From May 2018, AustralianSuper and life insurance partner TAL will decrease life insurance premiums by 14% for death ...

Advisers flock to IOOF

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2018
... commitment to improving the quality of financial advice for all Australians." In the second quarter of the 2018 financial year, IOOF achieved positive net flows of $895 million in FUMA - an increase of 70% compared to the previous corresponding period. ...

Derivatives costly and ineffective: Research

KARREN VERGARA  |  MONDAY, 29 JAN 2018
The majority of superannuation pension products eschew derivative strategies due to high costs and lack of effectiveness, latest research shows. Only one-third (37%) of superannuation funds in Milliman's latest survey are using derivatives to protect ...

ATO toasts the "SMSF class of 2012"

ALEX BURKE  |  FRIDAY, 19 JAN 2018
... lens of funds established five years ago and asked: where are they now? There were 36,160 SMSFs lodged in the 2012 financial year. At that time, the median and average age of members was 50. The median age of new members in 2016 decreased to 47, which ...

SMSF members want overseas restrictions lifted

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
... fund. "A complying superannuation fund that becomes non-complying is taxed at 47% on its taxable income for the financial year. It's also taxed at 47% on the value of the fund's investments at the start of the financial year when it becomes non-complying ...

ClearView revamps life insurance platform

ALEX BURKE  |  TUESDAY, 16 JAN 2018
... efficiencies, the LIF reforms, and business support. It also found that a record 47% of planners changed life insurer last financial year, up from 45% in 2016 and 35% in 2015, while more than a quarter said they would like to establish a new insurer ...

Potential windfall to be found in super reforms

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2018
... scheme which will allow eligible individuals making voluntary super contributions from the beginning of the current financial year to use those additional contributions in purchasing their first home. The voluntary contributions will be limited to $15,000 ...

2018 Financial Standard Investment Leadership Awards

JOHN DYALL  |  FRIDAY, 22 DEC 2017
... return and risk measures are equally weighted. All measures are of course analysed with respect to the most recent financial year end. Return measures Investment returns measures are based on persistency of long term returns over multiple periods but ...