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Showing 1091 - 1100 of 2383 results for "Rule"

Unintended consequences unearthed in super changes

MARK SMITH  |  FRIDAY, 10 JUN 2016
... there was no lifetime cap and able to exist in the pension environment. Assuming a return of 5%, this would mean that the rule change leaves me with a tax bill of $4,500. Even worse is the result if that same person was covered by a policy outside of ...

US mulls borrowing limit on leveraged ETFs

MARK SMITH  |  WEDNESDAY, 8 JUN 2016
... investors were geared three to four times their original investment. According to the Wall Street Journal, an SEC proposed rule could treat leveraged ETFs like mutual funds, which could impact the way some investors, particularly hedge funds, use them. ...

BetaShares launches model portfolio service for advisers

MARK SMITH  |  MONDAY, 6 JUN 2016
... be invited to regular, interactive webinars. The new service is not being offered to retail investors but the firm did not rule out adding it in the future. "In developing the new service, we spent a lot of time with our existing adviser clients to seek ...

More winners than losers in super budget measures: ASFA

ALEX BURKE  |  FRIDAY, 3 JUN 2016
More Australians will benefit from the new superannuation measures announced in the Budget than be negatively affected by them, according to Association of Superannuation Funds of Australia figures. ASFA prepared the research to "inform the debate," ...

SMSFs granted ATO extension over LRBAs

DARREN SNYDER  |  TUESDAY, 31 MAY 2016
An extension for self-managed superannuation fund trustees to ensure their Limited Recourse Borrowing Arrangements are "an arm's length" dealing has been welcomed by the SMSF Association. SMSF Association chief executive Andrea Slattery said the seven ...

US Senate votes down adviser fiduciary rule

ALEX DUNNIN  |  TUESDAY, 31 MAY 2016
The US Senate recently voted down the Department of Labor's administration rule for financial advisers that would have compelled them to act in their clients' best interests. The law was passed 65-41 meaning it fell well short of the two thirds majority ...

Adviser Network launches SMSFit

KERRIE SYDEE  |  FRIDAY, 27 MAY 2016
Adviser Network has launched cloud-based solution SMSFit to enable licensed accountants to continue advising clients on their suitability to set up a self-managed super fund (SMSF). SMSFit will allow accountants to operate under a limited AFSL to provide ...

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
The Government is committed to ensuring the super system is sustainable, flexible and has integrity. The objective of superannuation, as recommended by the Financial System Inquiry, is 'to provide income in retirement to substitute or supplement the ...

ASIC to run rule over mortgage commissions

MARK SMITH  |  THURSDAY, 26 MAY 2016
Mortgage brokers are next in line to have their commissions and non-monetary incentives scrutinised by the Australian Securities and Investments Commission (ASIC). According to reports, the regulator will over the next fortnight ask the big four banks ...

One in four willing to switch advisers: EY survey

MARK SMITH  |  TUESDAY, 24 MAY 2016
Wealth managers in Australia will need to employ more client-centric strategies and make better use of technology if they want to capture a share of the sector's $280 billion (US$200 billion) global revenue opportunity, according to EY's 2016 global ...