Financial Standard
Delaying DBFO imposes 'generational' consequences MATTHEW WAI The Council of Australian Life Insurers (CALI) is urging the federal government to take action on processing the second tranche of its Delivering Better Financial Outcomes (DBFO) package, saying any further delay could result in "generational impacts."
ATO revises advice fee tax deductibility rules
Sep 26, 2024 · "Not all advice provided by a financial adviser will be considered to be tax (financial) advice. Where an adviser merely provides factual information about a financial product that does not involve the application or interpretation of the taxation laws to the client's personal circumstances, the advice will not be for managing the individual's tax affairs."
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Financial Standard provides trade news and education for superannuation trustees, financial planners, industry professionals and investment managers.
Industry Events - Financial Standard
Nov 1, 2024 · Financial Standard provides trade news and education for superannuation trustees, financial planners, industry professionals and investment managers.
Ironbark, Invest Blue to create $64bn powerhouse
Sep 14, 2023 · Additionally, it will have over 500 staff members and offices in various locations across Australia. Ironbark chief executive Chris Larsen said the partnership brings together several areas of professional specialisation under one umbrella to meet evolving consumer needs and expectations while delivering an enhanced client experience.
ANZ to pay $57.5m to settle class action - Financial Standard
Mar 25, 2024 · The class action also alleged customers were charged interest on purchases that were paid off in a timely manner, ANZ did not provide card holders with the ability to calculate their potential interest charges and obfuscated the interest charging mechanisms within relevant credit card contracts which prevented the cardholder from being able to understand the interest consequences of not paying ...
Colonial First State chalks up strong super returns
Jul 20, 2023 · Colonial First State (CFS) has recorded double-digit returns across several of its default superannuation products for FY23. The CFS FirstChoice Employer Super growth fund (Lifestage 1975-1979) delivered a 12.2% return.
Crescent Wealth to merge into Russell Investments
Apr 30, 2024 · Crescent Wealth managing director Talal Yassine said that Salaam's superannuation offerings are designed to help current and future members meet their financial objectives within the framework of Islamic ethical and fairness principles.
Australian Retirement Trust completes Alcoa merger
"On 1 March 2024, Alcoa of Australia Retirement Plan, a fund of more than 4500 members and approximately $2.1 billion in funds under management, became part of Australian Retirement Trust," Woodall said.
eToro acquires Spaceship, sets sights on super sector
Sep 27, 2024 · Under the deal, eToro will take over ownership of Spaceship Super, which merged to become a sub-plan of OneSuper earlier this year.. It will provide Spaceship users with access to eToro's multi-asset investment platform, covering equities, managed funds, ETFs, commodities, and crypto assets. eToro users will also be able to …