Search ResultsShowing 1 - 10 of 100+ results for "Federal Government"
Complex retirement system requires simplicity: Report
KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... report is putting forth key reforms needed to make superannuation fairer and more efficient ahead of the Federal Government's review of the retirement income system. The Actuaries Institute outlined a number of reforms needed to help fix the ...
Unfair contract terms extended to insurance
KARREN VERGARA  |  FRIDAY, 2 AUG 2019
The Federal Government is extending the unfair contract term regime to insurance contracts. Treasurer Josh Frydenberg said proposed amendments to the Unfair Terms in Insurance Contracts Bill 2019 announced this week is the result of the Coalition ...
Deeming rate calculations should be independent: Poll
KARREN VERGARA  |  THURSDAY, 25 JUL 2019
... agrees the calculation of deeming rates should be appointed to an external, independent body. After the Federal Government lowered deeming rates from July 1, we wanted to find out if the Minister for Social Services should no longer set the ...
APRA forced to overhaul culture, capabilities
KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... effectiveness, leadership structure and sluggish approach to enforcement. Samuel was appointed by the Federal Government in February to lead the panel, which comprises AGL Energy non-executive director Diane Smith-Gander and former Reserve ...
FASEA exam was fair: Poll
KARREN VERGARA  |  TUESDAY, 16 JUL 2019
... to be confident in their abilities, but haven't been given adequate time to study, he explained. This week's spot poll asks if the Federal Government should appoint an independent body to calculate deeming rates. Cast your vote here .
Government reduces deeming rates
KARREN VERGARA  |  MONDAY, 15 JUL 2019
The Federal Government has announced changes to deeming rates, a move welcomed by over 600,000 age pensioners. The Department of Human Services (DHS) will backdate deeming rates from 1 July 2019. The lower deemed rate will drop from 1.75% to 1% ...
APRA warns trustees on PYSP deadline breach
KARREN VERGARA  |  WEDNESDAY, 3 JUL 2019
... been made for a continuous period of 16 months. "No other actions may be taken to indicate activity." The Federal Government has told APRA it will pursue further amendments to the Superannuation Industry (Supervision) Act 1993 , which underpins ...
Super fund introduces further group insurance changes
KARREN VERGARA  |  MONDAY, 1 JUL 2019
... able to access their death cover earlier. CareSuper said the changes are being introduced in line with the Federal Government's Protecting Your Super Package. "Our new offering takes all this, in addition to recent claims experience, into account. ...
Superannuation reforms underway
KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... first industry address since inheriting the superannuation portfolio , Senator Jane Hume reinforced the Federal Government's plans to fix the structural problems across the retirement system and ultimately improve outcomes for members. ...
New AFCA remit not enough: Law firm
KANIKA SOOD  |  MONDAY, 17 JUN 2019
... Complaints Authority after the Royal Commission are flawed and need urgent amendment. In February, the Federal Government expanded AFCA's remit to give it the power to review eligible financial complaints from 1 January 2008 onwards for the ...
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