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Showing 81 - 90 of 210 results for "Franking credit"

Labor franking credit changes fair but not the best: Grattan

KANIKA SOOD  |  MONDAY, 26 NOV 2018
Grattan Institute has called Labor's plan to end refunds of excess franking credits a "fair way" to improve the Federal Budget but it is still "second-best" as there are better solutions. Grattan's budget policy director Danielle Wood and fellow ...

Knowledge, action gap puts SMSF savings at risk: Research

JAMIE WILLIAMSON  |  MONDAY, 19 NOV 2018
... moved the superannuation goal posts and the recently proposed changes by the Australian Labor Party to remove franking credit refunds could result in a significant reduction in retirement income for many Australians, particularly those with SMSFs," the ...

FSC moves to protect retail super from ALP 'tinkering'

HARRISON WORLEY  |  WEDNESDAY, 14 NOV 2018
... the current franking system, noting more than 2.6 million members of large superannuation funds benefited from franking credit refunds in the 2015-16 financial year. According to responses to an FSC survey of 14 retail super funds, franking credit refunds ...

ALP victory to have meaningful impact: Daintree

HARRISON WORLEY  |  FRIDAY, 9 NOV 2018
... Tyler said the entire Australian market - not just retirees - would be affected by Labor's policy, noting the franking credit system was well entrenched in Australia. "Many people rely on franking credits as part of the return profile, so the policy ...

Argo Investments attacks Labor franking policy

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
The listed investment company, with about $5.5 billion in funds under management, condemned Labor's franking credit policy at its annual general meeting. Holding its AGM this morning, Argo Investments said Labor's policy to remove refundable franking ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
... self-funded retirees to spend some of the savings so that they will become eligible for a part pension and a full franking credit refund." The proposal has drawn the ire of many in the industry; with a Financial Standard spot poll revealing 87% of respondents ...

Future Fund delivers 9.3%, increases risk moderately

KANIKA SOOD  |  WEDNESDAY, 29 AUG 2018
The Future Fund delivered a 9.3% annual return, taking Australia's sovereign wealth fund to $146 billion. It also added "moderate" risk in the period to take advantage of a shorter-term economic outlook which it says looks positive. Its 10-year return ...

Leave dividend imputation system as is: Plato

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
... less mature funds, he explained. Mature funds are SMSFs whose members are all retired, and they would receive no franking credit refunds. The less mature are largely dominated by younger, accumulation phase members with a relatively small proportion ...

WAM CIO steps down from LIC board

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
The chief investment officer at Wilson Asset Management is stepping down from his role as a non-executive director of a WAM-managed listed investment company. Chris Stott retired from the board of Century Australia Investments, which invests in the ...

Six associations form new alliance

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
Several highly-regarded associations have joined forces in a bid to improve the retirement system, and unify against Labor's proposal to disallow refunds of excess franking credits for retirees and shareholders. The Alliance for a Fairer Retirement ...