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Showing 101 - 110 of 116 results for "Loophole"

What-if scenarios bring Budget blues

MICHELLE BALTAZAR  |  MONDAY, 11 MAY 2009
New restrictions to existing superannuation and tax concessions could help the Government slash the predicted budget deficit in the next few years but this could come at a higher cost to superannuants and taxpayers in the long term, industry experts ...

ESG a fiduciary duty: Sherry

ALEX DUNNIN  |  THURSDAY, 7 MAY 2009
Trustees have a fiduciary duty to take long term factors, including ESG considerations, into account when selecting and managing investments, said Senator Nick Sherry. Senator Sherry, speaking at this morning's Finsia's leadership forum, said this is ...

Fundies find a loophole in money laundering law

WWW.THESHEET.COM  |  WEDNESDAY, 12 DEC 2007
... the Anti-Money Laundering and Counter-Terrorism Financing Act, the regulator Austrac has conceded that there is a big loophole in the law. Austrac issued a statement yesterday, saying the issue of units in a managed investment scheme would not fall within ...

UK closes PE tax "loophole"

CHRIS NICHOLLS  |  MONDAY, 15 OCT 2007

AXA sidesteps ETP tax

CHRIS NICHOLLS  |  MONDAY, 2 JUL 2007
AXA has seized on a loophole in the new tax legislation introduced 1 July to offer employers a potential avenue for reducing tax on eligible termination payments (ETPs). Under the new ETP rules, most payments made under an employer-owned non-super group ...

Industry cheers red tape cuts

... regulations are drafted carefully. Experience shows that unscrupulous financial planners will drive a bus through any loophole." Michelle Baltazar

Quadrant leads super funds investors to buy Red Rooster

CHRIS NICHOLLS  |  TUESDAY, 17 APR 2007
Quadrant Private Equity has led its super fund investors to buy Australian Fast Foods (AFF), owner of the Red Rooster and Chicken Treat brands, for $180 million. The management buy-out, funded largely by domestic super funds, seeks to improve both Quadrant's ...

Funds address $750m in errors: Deloitte

A comprehensive Deloitte report on unit pricing to be published later this month has found that three out of four investment firms managing unit pricing data have reviewed their policy in response to the regulator's Best Practice Guide released in late ...

Member investment arbitraging hits GESB: reports

ALEX DUNNIN, MICHELLE BALTAZAR  |  THURSDAY, 16 NOV 2006
Poor fund design will cost superannuation funds millions of dollars unless they start to upgrade their outdated or inadequate investment reporting systems. The latest fund to be impacted is the $6.3 billion GESB public sector super fund in WA, according ...

Govt moves on bankruptcy super shield

... previously proposed line of attack towards bankrupt individuals who try to dodge their creditors by exploiting a super loophole, instead adopting a more common sense approach to the long-running problem. Late last month the government announced legislative ...