Sentences with phrase «superannuation funds in»

The next iteration of the Risk Differentiation Framework is well underway and we are on track to release tailored diagnostic reports to APRA - regulated superannuation funds in March 2018.

Or if you are seeking the best superannuation funds in Australia, look here.

NAB said on Thursday that MLC had more than 1200 financial advisers, ran the largest retail superannuation fund in the country, had $ 199 billion in assets under management and 3300 staff.

The company said MLC had more than 1200 financial advisers, ran the largest retail superannuation fund in the country, had $ 199 billion in assets under management and 3300 staff.

The demerger of CSR in 2003, advising the trustee of the corporate superannuation fund in relation to the splitting of defined benefit funding liabilities between CSR and the newly demerged Rinker Group;

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.

THE Government's proposed provisions for superannuation funds will undermine the superannuation system, according to the Institute for Chartered Accountants in Australia.

Given that balances in superannuation funds are essentially «at call» and can be moved at short notice, these funds need to ensure that they remain quite liquid at all times.

Sally Patten writes on Personal Finance specialising in Superannuation & SMSFs, Tax, Managed Funds.

National Australia Bank's MLC - home to the country's largest retail superannuation fund and $ 199 billion in assets under management - officially joined the bulging list of financial services sector initial public offering candidates on Thursday morning, when NAB chief executive Andrew Thorburn flagged intentions to divest the business.

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

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).

Ben Gray's exquisitely timed $ 4.1 billion takeover of hospitals group Healthscope is the perfect catalyst to explore the radical shift occurring in Australia's capital markets led by industry superannuation funds.

Individuals, self - managed superannuation funds, companies and trusts may participate in this offer and apply for New Dawn Fund Units

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.

Institutions with high exposure to overseas assets, particularly superannuation funds and public unit trusts, recorded the largest asset gains in the quarter.

AUSTRALIA — Plan members can access impact investment opportunities simply by being a member of certain superannuation funds, which in turn allocate a percentage of their portfolios to impact investing.

With constraints on bank balance sheets, banks are rationing their lending and facilitating debt deals, Mr Barker told delegates at the annual Council of Major Superannuation Funds conference in Brisbane.

In the years ahead, the main competitors are likely to be institutions linking businesses directly to the capital markets, and superannuation funds.

In the 1990s, superannuation fund asset growth is likely to be more dependent on the inflow of new money (and the application of exceptional investment skills).

In these figures, «other lenders» include credit unions, life or general insurance companies, and superannuation funds but, where loan funds are raised directly in the secondary mortgage market through securitisation, only those which are associated with State Government housing schemes are includeIn these figures, «other lenders» include credit unions, life or general insurance companies, and superannuation funds but, where loan funds are raised directly in the secondary mortgage market through securitisation, only those which are associated with State Government housing schemes are includein the secondary mortgage market through securitisation, only those which are associated with State Government housing schemes are included.

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.

We have a superannuation (retirement fund) industry that is worth billions in annual management fees, yet many funds consistently return less than the local benchmark.

«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.

He is also unafraid of voicing principled views about what is happening in the sector from land clearing to bringing more capital in from superannuation funds and making sure lenders in the space are properly qualified.

UniSuper, one of Australia's biggest not - for - profit superannuation funds, has lifted its stake in Hancock's Taumata Plantations.

Numerous agriculture executives have long complained about a reluctance by Australian superannuation funds to invest in local assets, driving up demand for foreign capital.

Farmland owner the $ 167 million Sustainable Agriculture Fund, backed by Australia's leading superannuation funds, has delivered a net profit of $ 4.9 million for the six months to December, up on the $ 1.7 million in the previous corresponding period.

Acting Prime Minister Barnaby Joyce has repeatedly voiced concerns that superannuation funds have been missing good long - term investment opportunities in the agriculture sector.

The $ 2 trillion superannuation industry, which has on average a mere 0.3 per cent exposure in the agriculture sector, has left the door open to mainly European and northern American pension funds to invest in the cattle industry.

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.

«The superannuation fund plans to open the door for many Australians to participate in the acquisition of S. Kidman & Co before the end of October.

The fund has recorded its fourth year in a row of increased net cash profits but the superannuation investors behind it are selling out.

The Sustainable Agriculture Fund, backed by some of Australia's leading superannuation funds, has struck a hurdle in selling off one of the prized gems in its rural property portfolio — the King Island Aggregation.

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.

Lawrie Lyons, professor emeritus at the University of Queensland, thinks the huge sums now generated by superannuation funds should be used to buy equity in multinational corporations.

Generally, preserved benefits must be kept in a super fund, ADF or RSA until the member has met a condition of release under the Superannuation Industry (Supervision) Act 1993.

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.

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.

Complying superannuation fund continues using the proportionate method in the pre-commencement period, or pooled superannuation trust

Following the publication by the Super System Review (the Review) of A Statistical Summary of Self - Managed Superannuation Funds released on 12 December 2009, we released our own publication Self - managed superannuation funds: A statistical overview 2008 — 09 (the overview) in Superannuation Funds released on 12 December 2009, we released our own publication Self - managed superannuation funds: A statistical overview 2008 — 09 (the overview) in December Funds released on 12 December 2009, we released our own publication Self - managed superannuation funds: A statistical overview 2008 — 09 (the overview) in superannuation funds: A statistical overview 2008 — 09 (the overview) in December funds: A statistical overview 2008 — 09 (the overview) in December 2011.

From 1 July 2017, a fund will lose the income tax exemption for assets supporting TRISs and similar superannuation income streams that are not in the retirement phase from this time.

In relation to TRISs, the transitional arrangements are intended to provide CGT relief by enabling complying superannuation funds to reset the cost base of CGT assets to their market value where those assets are re-allocated or re-apportioned from the current pension phase to the accumulation phase in order to comply with the new laIn relation to TRISs, the transitional arrangements are intended to provide CGT relief by enabling complying superannuation funds to reset the cost base of CGT assets to their market value where those assets are re-allocated or re-apportioned from the current pension phase to the accumulation phase in order to comply with the new lain order to comply with the new law.

The trustee of a complying superannuation fund or pooled superannuation trust must choose for CGT relief to apply for a CGT asset in the approved form.

An asset, commonly, stops being a segregated current pension asset when the fund ceases holding the asset «solely» to meet liabilities it has in relation to superannuation income stream benefits payable at that time.

We subsequently released the publications Self - managed superannuation funds: A statistical overview 2009 — 10 in April 2012; Self - managed superannuation funds: A statistical overview 2010 — 11 in December 2012; Self - managed superannuation funds: A statistical overview 2011 - 12 in December 2013; and Self - managed superannuation funds: A statistical overview 2012 - 13 in December 2014.

S 295 - 385 (5) amended by No 81 of 2016, s 3 and Sch 8 item 3, by substituting» * RP superannuation income stream benefits of the fund» for» * superannuation income stream benefits payable by the fund», effective 1 January 2017 and applicable in relation to the 2017 - 18 income year and later income years.