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Showing 1191 - 1200 of 1807 results for "Bill 2014"

AMP enhances super products

CLAIRE MCGREAL  |  THURSDAY, 8 DEC 2011
AMP has changed its contemporary super products to the new short form Product Disclosure Statement (PDS) regime ahead of the government's deadline next year. It follows Financial Services Minister Bill Shorten's announcement earlier this year that PDS ...

PJC: Government needs to re-think payday reforms

RACHEL DAVIS  |  MONDAY, 5 DEC 2011
The Government's proposed reforms aimed at tightening controls over payday lenders need to be reassessed, the Joint Committee on Corporations and Financial Services has found. On 22 September 2011, the House of Representatives referred the Consumer ...

PM: Labor taking reform road on super

CLAIRE MCGREAL  |  MONDAY, 5 DEC 2011
Prime Minister Julia Gillard told attendees at the Labour Union Co-operative Retirement Fund (LUCRF) community partnership trust launch in Sydney on Friday that the rise in the SG and abolition of the age cap would change peoples' futures. Pointing ...

FOFA implementation time vital: ASFA

CLAIRE MCGREAL  |  THURSDAY, 1 DEC 2011
ASFA is calling for a 12 month "transition period" from the proposed FOFA start date next winter to give the industry time to properly implement the changes. In its submission to the Parliamentary Joint Committee (PJC), the Association of Superannuation ...

Market Wrap

AAP  |  WEDNESDAY, 30 NOV 2011
The Australian share market had moved into positive territory by noon as bank shares recovered from a weak opening. At 1220 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 11.6 points, or 0.28 per cent, at 4,113.7, while the broader All Ordinaries ...

Government confirms super guarantee age limit abolished

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
The move to scrap the superannuation guarantee age limit will give Australians an incentive to remain in the workforce for longer, according to the Government. Superannuation Minister Bill Shorten has confirmed that the amendment to abolish the age ...

Vanguard founder joins MLC board

CLAIRE MCGREAL  |  FRIDAY, 25 NOV 2011
Former managing director and Vanguard founder Jeremy Duffield has been appointed as a non-executive director on the MLC board. "Jeremy is an industry veteran after initially starting out as an assistant economist with the Federal Reserve Bank of Richmond ...

Insto tax phase down deferred one year

ELISE BURGESS  |  WEDNESDAY, 23 NOV 2011
Assistant Treasurer Bill Shorten has announced a one year deferral of its phase down of interest withholding tax, paid primarily by financial institutions as announced in the 2010-11 Budget, thanks to the MRRT. As promised in last year's Budget, the ...

Doubt over CGT relief delaying fund mergers

RACHEL DAVIS  |  MONDAY, 21 NOV 2011
Uncertainty over whether the Government will grant Capital Gains Tax relief for merging super funds is hampering consolidation across the super industry, according to the Australian Institute of Superannuation Trustees. Australian Institute of Superannuation ...

Prettiest of them all

BENJAMIN ONG  |  MONDAY, 21 NOV 2011
"Mirror, mirror on the wall, who is the most beautiful of all?" The year 2011 is almost done and by the looks of it, it's turning out to be an annus horribilis for growth assets - equities and commodities - but a good year for defensive investments ...