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Showing 81 - 90 of 172 results for "Death benefit"

Former Financial Wisdom adviser banned

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... provide Statements of Advice to clients; deleted records to conceal misconduct; and falsely witnessed signatures on death benefit nomination forms and arranged others to backdate and falsely witness these forms. Willmott has the right to appeal to the ...

Interest in early access to super rises

JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2019
AMP has experienced a spike in the number of financial adviser queries regarding early access to superannuation. Analysing the more than 2000 calls received by the team in February, AMP said there was a significant rise in the number of advisers looking ...

Government consults on super legislation

HARRISON WORLEY  |  TUESDAY, 5 MAR 2019
A suite of amendments to Australia's superannuation legislation have been opened for consultation. The Federal Government has released draft legislation amending various pension related aspects of super legislation for consultation. On Monday, Assistant ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... out of superannuation and out of line with the policy that death benefits are tax free for dependants" and ensures death benefit lump sums remain tax-free for dependants, even if rolled over within the superannuation system, he said.

An insight into AFCA workload

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
... investigations progress," Davis said. Of the 512 complaints resolved in Q3 2018, about one-quarter (24.4%) were for death benefit distribution. This was followed by deduction of insurance premiums (9.6%) and fees and charges (5.7%). This order matches ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... which requires trustees to provide reasons for a decision in response to a complaint about the proposed payment of a death benefit. Rest said it had done so 184 times since 15 March 2017.

Royal Commission hears industry fund admitted wrongdoing to ASIC

HARRISON WORLEY  |  MONDAY, 24 SEP 2018
... March 2017, for failing to provide reasons for a decision in response to a complaint about the proposed payment of a death benefit. Costello suggested to Commissioner Kenneth Hayne that it was open to him to find Rest engaged in misconduct by breaching ...

Super under microscope at Royal Commission

DARREN SNYDER  |  MONDAY, 23 JUL 2018
Among its latest witness list, the financial services Royal Commission managed to capture about 50% of both the retail and industry superannuation fund segments in terms of funds under management. Rainmaker analysis shows superannuation funds called ...

Super funds countdown to Royal Commission

KARREN VERGARA  |  MONDAY, 9 JUL 2018
Superannuation funds called up to the financial services Royal Commission now have less than four weeks to prepare, as the fifth round commences on August 6 in Melbourne. The fourth round of hearings, which focused on agricultural financing and interactions ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
When the clock strikes half past seven and Treasurer Scott Morrison starts to read his speech, here is what Australia's major financial services associations will be hoping for. Financial Planning Association (FPA) In a 45-page pre-budget submission ...