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Showing 1101 - 1110 of 1948 results for "Proposal"

SPAA applauds tax changes to excess contributions

JAMES FERNYHOUGH  |  WEDNESDAY, 14 MAY 2014
... responded to our concerns. "Although the announcement is welcomed, the Government needs to work through the details of the proposal because the suggestion to allow taxpayers to withdraw earnings associated with the excess non-concessional contributions ...

Westpac weighs in on FoFA debate

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
... for "a careful balance" so that "advice is not something only the wealthy can afford." The submission supported that proposal to exempt general advice from the conflicted remuneration provision; a measure that some fear will bring back commissions. "We ...

Super needs a radical new solution to longevity: Keating

ALEX DUNNIN  |  FRIDAY, 9 MAY 2014
Former Prime Minister and superannuation system architect Paul Keating says the government needs to create 'superannuation mark two' to enable superannuation to provide enough money for retirees who are increasingly likely to become centenarians. Speaking ...

Custodians fight hard for big super deals

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
Custodians are fiercely competing to win the business of Australia's largest superannuation funds, with some trading in short-term commercial gain in exchange for strategic long-term deals. One method of doing this is by offering so-called 'fee holidays' ...

US fight over adviser fiduciary rules nears end

ALEX DUNNIN  |  THURSDAY, 17 APR 2014
... providers to educate workers on the importance of responsible retirement planning and that they are concerned that this proposal will limit investment choices and drive up costs for the individuals it is intended to protect." Global consultancy group ...

Wilson HTM confirms managing director appointment

LAURA MILLAN  |  MONDAY, 14 APR 2014
... inappropriate behaviour towards Wilson HTM staff. Coppin resigned in July 2013 after the board saw a conflict of interest in his proposal to buy out the company's security business. Wilson HTM chief financial officer and company secretary Karen Penrose ...

AstuteWheel launch estate planning tool

LAURA MILLAN  |  MONDAY, 7 APR 2014
... which assets are part of the estate planning and which need to be dealt with separately. It also generates a written proposal that the client can take to the solicitor. The tool is available for advisers already using other AstuteWheel services and it ...

Cormann freezes FoFA amendments

MARK SMITH, ALICE URIBE  |  MONDAY, 24 MAR 2014
... however, did address the issue of conflicted remuneration in general advice. The government has maintained its initial proposal to exempt general advice from conflicted remuneration. The bill said the measure "imposes unnecessary burdens on industry ...

International capital requirements could cripple insurers

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
The Global Federation of Insurance Associations (GFIA) has rejected the G20 proposal that top insurers hold more capital from 2019 to cover potential to the financial system. The GFIA held meetings this week with Australian officials in Canberra, ahead ...

British govt to introduce pension choice

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
The British government is proposing a radical overhaul of the nation's private pensions system and will introduce choice of retirement product and simplify retiree taxation structures. The proposals were announced in the British 2014 Budget that was ...