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Showing 1111 - 1120 of 1801 results for "Regulation 2015"

Labor completes super agenda with passage of four bills

JAMES FERNYHOUGH  |  TUESDAY, 25 JUN 2013
The federal government's superannuation reform agenda is complete following the passage of four bills through the Senate last night. Included in the new laws (listed below) was an increase in concessional contribution caps to $35,000 for people over ...

IOOF invests $75m in syndicated loan market

MARK SMITH  |  FRIDAY, 21 JUN 2013
IOOF multi manager, IOOF Multimix, has become one of the first non-bank participants in the syndicated loan market through its $75 million investment in the Metrics Credit Partners Diversified Australia Senior Loan Fund. Metrics Credit Partners provides ...

Advisers face shrinking market as super funds merge

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
Financial advisers face a shrinking market and increased competition as the government's StrongerSuper reforms force smaller superannuation funds to merge, according to Jenny Wilcocks, a partner at law firm Holding Redlich. "The government's agenda ...

Parliament passes TASA bill

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
The Parliament has voted and passed the amendments to the tax agents under the Tax Agent Services Act (TASA) bill that will extend the exemption for financial planners to become registered tax agents. The current exemption will be extended to June 30 ...

Government agrees to 12-month TASA exemption

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
The government has agreed to extend the exemption for financial planners to become registered tax agents under the Tax Agent Services Act (TASA) bill. The current exemption will be extended to June 30, 2014 and there will be a three year transition ...

CBA launches MySuper compliant product

ALICE URIBE  |  MONDAY, 17 JUN 2013
The Commonwealth Bank (CBA) has targeted its small business and younger unadvised customers with the launch of a simple, low-cost superannuation offering. The product called, Essential Super, will be rolled out to CBA's customers from July 1, and is ...

BUSSQ, Qantas, Suncorp get MySuper approval

MARK SMITH  |  FRIDAY, 14 JUN 2013
Three more MySuper licenses have been granted by the Australian Prudential Regulation Authority (APRA) this week, bringing the total number to 41. The new authorisations are BUSSQ Super, Qantas Super and Suncorp Super. While MySuper authorisations number ...

Corporate super specialists ask Treasury for FoFA exemption

JAMES FERNYHOUGH  |  FRIDAY, 7 JUN 2013
The Corporate Super Specialists Alliance (CSSA) is in talks with Treasury after the Australian Securities and Investments Commission (ASIC ) refused to grant a no-action letter to corporate super specialists. The CSSA made the request for a no-action ...

APRA finalises Stronger Super reporting standards

ALEX DUNNIN  |  FRIDAY, 7 JUN 2013
The Australian Prudential Regulation Authority (APRA) has updated its Stronger Super data requirements from funds following reaction from trustees. APRA has written to funds explaining the adjustments, which are technical and highly detailed. The outcome ...

Auscoal, AMIST and CGS get MySuper authorisations

ALEX DUNNIN  |  THURSDAY, 6 JUN 2013
Three more MySuper product authorisations have been announced this week by the Australian Prudential Regulation Authority (APRA) taking the total number to 38, but it's still way down on expectations. The new authorisations are AUSCOAL, Australian Meat ...