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Showing 91 - 100 of 107 results for "Grandfathering"

Prepare now for MySuper revenue siege: MLC's Doust

MARK STORY  |  TUESDAY, 30 OCT 2012
... on all super contributions is something that advisers need to work vigorously to replace, especially before the grandfathering period ends in 2017. All default accounts must be transferred to MySuper in 2017 where no choice is made. That's why it's critical ...

We'll hunt down commission 'work around': FSA

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
... Retail Distribution Review (RDR). The RDR is akin to Australia's FOFA reforms but much more onerous, with almost no grandfathering and with a much shorter implementation period. The extent of the reforms is being seen as a major challenge to wealth management ...

NFL dispute over 401(k) touches down

ALEX DUNNIN  |  FRIDAY, 28 SEP 2012
... contributions towards their new 401(k) plan. New referees will, however be required to join the 401(k) without any grandfathering provisions. The referees association also agreed to a range of performance improvement benchmarks and measures to address ...

Delay FoFA reforms another year: Lawyer

MARK STORY  |  MONDAY, 27 AUG 2012

CSSA calls on Treasury for MySuper clarity

LINDA HAUSKEN  |  TUESDAY, 14 AUG 2012
The Corporate Super Specialists Alliance calls on Treasury to provide greater clarity and details on grandfathering provisions that will apply to the MySuper legislation, or move the implementation date to 2014. To date, Treasury has not released any ...

FOFA passes as industry backs professionalism

MELANIE TIMBRELL  |  THURSDAY, 21 JUN 2012
... a focus on supporting members in implementation, although president Brad Fox said finalisation of regulation on grandfathering of payments by platform operators and regulatory guidance on codes of conduct should have been delivered earlier for better ...

FOFA disadvantages early move on fee-for-service

MELANIE TIMBRELL  |  FRIDAY, 25 MAY 2012
Draft regulation released on grandfathering and conflicted remuneration this week, may disadvantage advisers who have already moved to a fee-for-service model in line with the new FOFA regime. Dante De Gori, general manager policy and government relations ...

Government confirms ban on commissions

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
... on behalf of the client. The industry is still awaiting clarity on intra-fund advice, accountant exemptions and grandfathering of commissions, which were omitted from the latest release.

Inactive clients trouble planning industry

ELISE BURGESS  |  FRIDAY, 16 SEP 2011
... another after July 2012 may stop the flow of trail commissions and trigger the start of the opt-in rule." "With grandfathering still allowing for the passive trail commission to continue, there's little incentive to contact them." Radar noted that theTreasury ...

Rice Warner clarifies $11 estimate

ELISE BURGESS  |  THURSDAY, 15 SEP 2011
... advisers are in regular annual contact with clients when forming the estimate and had factored in the proposed grandfathering provisions which state opt-in will only apply for new clients from July 1 2012, therefore making the first opt-in process July ...