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Showing 1121 - 1130 of 2383 results for "Rule"

Fund managers not ready to enter new MIT tax regime

DARREN SNYDER  |  MONDAY, 21 MAR 2016
A tax partner at business law firm Hall & Wilcox believes some small to mid-size fund managers will struggle to be ready to enter the new tax regime for managed investment trusts (MITs). The new tax regime is expected to become law from 1 July 2016 ...

No evidence that independence would boost performance: CIFR

MARK SMITH  |  WEDNESDAY, 16 MAR 2016
A Centre for International Finance and Regulation (CIFR) study has found little empirical evidence that independence would improve investment performance but suggests that independence is important in maintaining the legitimacy of the superannuation ...

OneVentures says VC needs scale in Australia

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
If Australian superannuation funds invested 1% of their $2 trillion asset pool in venture capital the country would have the world's highest rate of venture investing per person. And if venture capital is not soon given some scale in Australia, it is ...

Advisers looking for longevity and aged care solutions

ALEX BURKE  |  WEDNESDAY, 9 MAR 2016
... "probability based" (safe withdrawal rates, variable spending, income buckets) to "safety first" (bond ladders, floor-leverage rule, managed define contribution). Ultimately Lowe advocated an "income layering" approach, pointing to a recent Accurium ...

Labor wants stronger LIF rules

ALEX BURKE  |  FRIDAY, 4 MAR 2016
Legislation based on the Life Insurance Framework doesn't go far enough according to Shadow Minister for Financial Services and Superannuation, Jim Chalmers. Discussing the Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 ...

Tax incentives for early stage investors too narrow: KPMG

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
KPMG believes Treasury's policy consultation on tax incentives for early stage investors is unnecessarily restricted and argues unit trusts should also be eligible for the incentives. The firm's submission also raises concerns that investment into innovation ...

SEC to run ad campaign promoting online consumer adviser checks

ALEX DUNNIN  |  FRIDAY, 4 MAR 2016
... underpinning the reform is not expected to pass the House as Speaker Paul Ryan last month voiced his support to the fiduciary rule's critics. Owen Donley, chief counsel for the SEC's Office of Investor Education and Advocacy told the FedScoop news service ...

Reducing concessional contribution caps would hurt: SMSFA

DARREN SNYDER  |  THURSDAY, 3 MAR 2016
... changing the superannuation tax mix in this year's federal budget. Slattery said the government needs to step in now and rule out speculation that a lowering of the current cap is being considered. "Reducing the cap will critically undermine the superannuation ...

Perpetual Private partners law firm to help accountants with AFSLs

MARK SMITH  |  THURSDAY, 3 MAR 2016
Perpetual Private has announced a new partnership with Cowell Clarke Commercial Lawyers to help support accounting practices looking to obtain their own limited Australian Financial Services Licence (AFSL) as part of new rules coming in on July 1. The ...

US resistance to DOL fiduciary rule gathers pace

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
Momentum is building against the US Department of Labor's (DOL) proposed fiduciary rule for retirement advisers with House Speaker Paul Ryan now joining the critics. The DOL has been working on expanding the fiduciary obligation since the GFC when millions ...