Search ResultsShowing 91 - 100 of 100+ results for "Federal Government"
Government mulls reforms to tax residency rules
JAMIE WILLIAMSON  |  THURSDAY, 12 JUL 2018
The Federal Government is considering an overhaul of the rules governing residency for tax purposes in Australia, recommending a person's residency be defined by the number of days they spend in the country in a 12-month period. The Board of Taxation ...
Aussie funds to access Asian markets
KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... to invest in a foreign fund with a simpler withholding tax system." Yesterday's bill follows from the Federal Government's August 2017 public consultation on the long-awaited legislation for the Asia Region Funds Passport and Corporate Collective ...
CIPR framework timely but questions remain
KARREN VERGARA  |  THURSDAY, 28 JUN 2018
... implementation timeline proposed in this year's Budget is "workable and sensible" but there are concerns the Federal Government should quickly address. This is according to SuperEd, the robo-adviser aiming to improve retirement incomes. In its submission ...
Unintended consequences for opt-in insurance: KPMG
HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
Group life insurance premiums are set to rise if the Federal Government implements proposed changes to default insurance in superannuation, according to KPMG. The firm's latest research forecasts a 50% reduction in group life insurance cover as a result ...
FASEA names new chief executive
JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... Board for the opportunity to lead this pivotal organisation with a clear remit to act upon and implement the Federal Government's objectives under the legislation," he said. "I anticipate working collaboratively with a diverse range of stakeholders ...
Government opens consultation for amended CCIV regime
ALEX BURKE  |  THURSDAY, 14 JUN 2018
The Federal Government opened consultation to industry stakeholders for the first tranche of the Treasury Laws Amendment (Corporate Collective Investment Vehicle) Bill 2018. In August 2017, the Government called for initial consultation on the CCIV ...
Advisers must tread carefully on PLS
JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
... advisers are being warned to exercise caution and double check licensing requirements when advising on the Federal Government's Pension Loan Scheme as a retirement income supplement. As the Pension Loan Scheme is within credit licensing rules, financial ...
Default life insurance reforms ineffective: Research
KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
The Federal Government's proposal to ban default life insurance in superannuation for younger members and those with low balances would supress retirement savings and cost the economy $2.46 billion annually, latest research from AIA Australia shows. ...
Industry responds to Dover shutdown
JAMIE WILLIAMSON  |  TUESDAY, 12 JUN 2018
The Association of Financial Advisers will lobby ASIC and the Federal Government to extend the transition period provided to Dover Financial Advisers' authorised representatives in the wake of the dealer group's shock closure. On Friday evening ...
BTFG boss backs PC super proposals
KANIKA SOOD  |  THURSDAY, 7 JUN 2018
... only once, and take that fund with them when they switch jobs. It is also on board with a recommendation the Federal Government establish an expert panel to select up to 10 "best in show" funds to help guide consumer choice, while sitting outside the ...
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