Search Results | Showing 101 - 110 of 135 results for "SIS Act" |
| | | ... provisions are unnecessarily complex and will add compliance costs. The new provisions are contained in Schedule 4 of the SIS Act that was presented to Parliament last month but referred to a committee. The committee has just handed down its report. ... |
| | | | ... from July this year. From 1 July this off-market transfers will be banned, but Burgess said that it was likely that the SIS act regulations would allow what it called "on-market crossing." This would mean that the only way trustees will be able to move ... |
| | | | ... (7%). "Education around insurance within an SMSF is a real value-add for advisers and accountants and the changes to the SIS Act, which require trustees of SMSFs to consider insurance for their members as part of the fund's investment strategy, reinforces ... |
| | | | ... enforce a ban on these transactions by amending subsection 66(2) of the Superannuation Industry (Supervision) Act 1993 (the SIS Act). "This is the section of the Act that allows fund trustees to acquire listed securities from a related party without ... |
| | | | ... rise of 0.8%. The rise may be attributed to the clarification of the limited recourse borrowing rules (section 67A & B, SIS Act) by the Australian Taxation Office in September 2011. Limited recourse borrowing which permits the lender recourse on the ... |
| | | | ... (SPGs) to replace existing APRA guidance that it believes will better suit the industry, which currently operates under the SIS Act and Regulations. The draft SPGs are SPG 270 - Contribution and benefit accrual standards for regulated superannuation ... |
| | | | ... members' interest," noted the review. The review panel is also calling for the removal of barriers in the tax legislation and SIS Act to fund consolidation, in the interest of achieving scale. The argument of bigger, better funds extends to investment ... |
| | | | ... the trustees or trustee directors." The report believes new administrative penalties framework should be based on the SIS Act. It could be modelled on the Taxation Administration Act 1953 penalty framework, which includes penalty units and assessment ... |
| | | | ... super funds unless the government passes the relevant legislation. For example, the Review calls for adjustments to the SIS Act, the overarching law for all things super, so that super funds can carry through the reforms. Contained in the report is a ... |
| | | | ... should apply to corporate superannuation. "It was agreed that, in accordance with the current legislative approach in the SIS Act, we would widen the definition of 'client' in our remuneration policy to include a formally constituted 'policy committee'," ... |
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