Sentences with phrase «as superannuation funds»

This could possibly lead to a revived domestic corporate bond market, with institutions such as superannuation funds holding a lot of the private long term bonds.

These include managers of retail funds, institutional funds management firms as well as superannuation funds.

Not exact matches

Other investors in the round include past backers Blackbird Ventures, Costanoa Ventures, Industry Ventures, Paladin Capital Group, Rally Ventures, Salesforce Ventures, and Stanford as well as new investor Hostplus, another Australian superannuation fund.

Interest in developing alternative sources of debt for Australian corporates is growing as more superannuation funds, borrowers and banks di...

BT Financial Group has called for the superannuation life insurance code to be made mandatory as it becomes the latest retirement fund to sign up to the charter.

Since the early 1980s, the proportion of household financial assets held as deposits has fallen from about 50 per cent to below 30 per cent; this has been mirrored by a comparable rise in the proportion of household assets held as claims on life insurance and superannuation funds (Graph 11).

Household sector financial assets increased by 1.7 per cent in the March quarter, a somewhat slower rate than in previous quarters, as a reduction in the value of direct equity holdings partially offset strong gains in the value of funds held in superannuation.

Interest in developing alternative sources of debt for Australian corporates is growing as more superannuation funds, borrowers and banks discuss ways for retirement schemes to lend directly to companies.

«Universities Superannuation Scheme, the largest private pension fund in the United Kingdom, diligently prosecuted this case as lead plaintiff to assist in securing a fantastic recovery for defrauded investors as well as achieving some key legal rulings along the way.

«AMP is well placed to take advantage of the growing pool of superannuation and fund management assets as the superannuation industry doubles in size by 2026.

The fund, which owns 23,000 hectares of the highest - quality farms in Australia — from King Island to Moree in NSW — is backed by major superannuation funds such as Australian Super, Australian Catholic Super, AMP Capital, the former AUSCOAL Super now Mine Wealth & Wellbeing, the University of Melbourne, Christian Super and private investor and retiring AFL chairman Mike Fitzpatrick.

QIC's potential investment also comes as pressure builds on superannuation funds to look at competing with the wave of foreign pension funds that have spent more than $ 1 billion buying farm land in Australia in the past few years.

Christian Super, Catholic Superannuation & Retirement Fund, Auscoal Super, AMP Capital Investors and behemoth AustralianSuper are all investors in the Sustainable Agriculture Fund, alongside notable private investors such as Australian Football League chairman Mike Fitzpatrick.

For the purpose of applying the Government Superannuation Fund Act 1956, in accordance with subclause (2), to a person who holds office as the chief executive or, as the case may be, is in the service of the Electoral Commission as an officer or employee and (in any such case) is a contributor to the Government Superannuation Fund, the term controlling authority, in relation to any such person, means the chief executive.

PFRDA in its circular has clearly mentioned that as per the provisions in the Income Tax Act, the amount transferred from Recognised PF / superannuation fund to NPS will not be treated as Income of the current financial year and is hence not taxable.

A person must be registered as an approved self - managed superannuation fund (SMSF) auditor with the Australian Securities and Investment Commission (ASIC) before they can audit an SMSF.

A person must be registered as an approved SMSF auditor with the Australian Securities and Investment Commission (ASIC) before they can audit a self - managed superannuation fund (SMSF).

As the asset is not being dealt with for the sole purpose of enabling the fund to discharge all or part of its liabilities in respect of superannuation income stream benefits, it can not be a segregated current pension asset under subsections 295 - 385 (3) or 295 - 385 (4) of the ITAA 1997.

A complying superannuation fund using the segregated method classifies its CGT assets as either segregated current pension assets or segregated non-current assets.

As no member of the fund had a total superannuation balance of $ 1 million or more as at 30 June 2017 (the year before the first fund member commenced an income stream), the SMSF has an annual reporting obligatioAs no member of the fund had a total superannuation balance of $ 1 million or more as at 30 June 2017 (the year before the first fund member commenced an income stream), the SMSF has an annual reporting obligatioas at 30 June 2017 (the year before the first fund member commenced an income stream), the SMSF has an annual reporting obligation.

by a fund established for the benefit of Commonwealth, state or territory employees and their dependants (such as the Commonwealth Superannuation Scheme and the Public Sector Superannuation Scheme)

As part of Stuart's responsibilities he services the needs of different influencers including financial advisers, accountants and self - managed superannuation fund members.

Private equity funds are usually not available to retail investors as the minimum investment is often $ 500,000 or higher, however retail investors may have exposure to private equity funds through their superannuation fund.

If you are claiming the money as the Trustee of a superannuation fund or trust fund, download the How to claim money form for representatives.

Salary sacrificing (into super): When you and your employer agree to pay a portion of your pre-tax salary as an additional contribution to your superannuation fund.

As a guide, you or your business may be able to claim a tax deduction of up to $ 30,000 annually for contributions to your superannuation fund (or $ 35,000 annually if you are aged 50 or over).

This will be binding on the fund trustee as long as the nomination complies with superannuation legislation, and the benefit is paid to somebody who is your dependant under the law, or to your estate.

There is a minimum amount of super that your employer must contribute to your super fund each year, known as the superannuation guarantee contribution (SGC).

If you die, your super fund normally pays your superannuation death benefit to one or more of your dependants, such as your husband or wife or partner, your children and people who depend on you financially.

If you have found a record on our unclaimed money search in the name of a deregistered company acting as trustee for a trust or superannuation fund, there are a number of considerations as to who can make a claim.

Mainstream provides administration services to the funds management and superannuation industries, helping to take care of day to day activities such as unit pricing, investor communication, and the processing of investor applications and redemptions.

Against this background, the following sets out the Commissioner's view as to what constitutes a superannuation interest in relation to the different kinds of superannuation fund.

Superannuation providers (excluding self - managed superannuation funds) and life insurance companies will need to use the MAAS form to report superannuation account attribute and phase events to us within five business days of the event or a later date as allowed by theSuperannuation providers (excluding self - managed superannuation funds) and life insurance companies will need to use the MAAS form to report superannuation account attribute and phase events to us within five business days of the event or a later date as allowed by thesuperannuation funds) and life insurance companies will need to use the MAAS form to report superannuation account attribute and phase events to us within five business days of the event or a later date as allowed by thesuperannuation account attribute and phase events to us within five business days of the event or a later date as allowed by the Commissioner.

As a result, the SMSF failed to meet the residency rules and no longer met the definition of an Australian superannuation fund (under section 295 - 95 (2) of the Income Tax Assessment Act 1997).

This is where the deceased member's superannuation is rolled over to another superannuation fund as soon as practicable for immediate cashing by the other superannuation provider.

Once an account - based pension commences, there is an ongoing requirement for you, as trustee of a complying superannuation fund, to ensure the pension standards in the super laws are satisfied.

They do not apply for other purposes such as determining when a superannuation income stream ceases for the purposes of calculating a fund's exempt current pension income.

ATO ID 2007/219 referred to the situation where the superannuation fund could not calculate the tax paid on amounts in the member's accounts as the fund's records «do not track the effect of fund tax on individual accounts over the membership period».

Every working Australian invests a slice of their paycheques in retirement funds (known as «superannuation» funds) as part of the country's government - mandated retirement system.

A net capital gain is taxed as income, but if the asset was held for one year or more, the gain is first discounted by 50 % for an individual, or a third for a superannuation fund.

Mr Hafoka (also known as Tane Hafoka, Jonathan Hafoka and Johnny Hafoka) is accused of aiding and abetting the trustee of the self - managed Kassongo Superannuation Fund (KSF), Mr Atan Kassongo, in dishonestly failing to ensure the fund was maintained in accordance with the sole purpose tFund (KSF), Mr Atan Kassongo, in dishonestly failing to ensure the fund was maintained in accordance with the sole purpose tfund was maintained in accordance with the sole purpose test.

Be an active investor — investors such as superannuation and pension funds need to influence the way investee companies measure, monitor and manage carbon relates risks.

The Australian Future fund is tasked with delivering high risk - adjusted returns on public funds, such as the Australian Government's budget surpluses, in order to cover the Government's unfunded superannuation liability arising from entitlements to public servants and defence personnel.

We will be asking the solicitor to draw up the agreement to additionally prescribe a significant proportion of my superannuation (approximately a third) will be paid into her fund, which should resolve the inequality and the concerns raised by the solicitor (which I actually agree with as well).

Around 15 percent of those are retail investors, with and the balance being institutions — such as large superannuation funds, endowments and pension funds.

With superannuation funds coming under the ambit of fringe benefit tax (FBT), all may not be lost for life insurers as they are increasing the focus on gratuity fund.

The insurance premium paid by the superannuation fund can be claimed by the fund as a deduction to reduce the 15 % tax on contributions and earnings.

In India, like in some countries, the term «Superannuation Fund» is used as a substitute for a pension plan.

Lastly, in group products which are fund based superannuation products (linked and non-linked), fund based employee benefit products other than the superannuation products (linked and non-linked), single premium term products (non-linked) and savings product for micro insurance groups have been identified, as per Irda's letter to Life Insurance Council's General Secretary V Manickam.

The net earnings of the spouse, civil partner or cohabitant were calculated as the gross earnings less Income Tax, PRSI, Superannuation, Trade Union dues and Health Insurance premiums (e.g. VHI or similar health insurance premiums, Hospital Saturday Fund etc.).