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Showing 1251 - 1260 of 2988 results for "ARRA"

O'Dwyer proposes compulsory unpaid super law

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
The Federal Government is proposing all employers transition to the Single Touch Payroll (STP) system from 1 July 2019 under its superannuation guarantee reform package. What previously applied to employers with 20 employees or more is now being extended ...

Vertically integrated institutions failing to manage conflicts of interest

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2018
Financial advisers employed by Australia's five largest vertically integrated institutions failed to act in the best interests of clients 75% of the time, favouring their own products and leaving clients ''significantly worse off" in 10% of cases. These ...

Two FSC senior policy managers depart

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2018
Two senior policy managers at the Financial Services Council will depart from their roles in mid-February. Carla Hoorweg developed public policy for investment, technology and innovation, while Blake Briggs led policy development and government relations ...

Offshore investment vehicles await passport arrival

KARREN VERGARA  |  TUESDAY, 16 JAN 2018
The Federal Government is close to re-drafting legislation to allow offshore investment vehicles to operate in and from Australia as early as June, Revenue and Financial Services Minister Kelly O'Dwyer says. The long-awaited Asia Region Funds Passport ...

Government releases super tax measures for consultation

ALEX BURKE  |  FRIDAY, 12 JAN 2018
The Government has released its draft legislation regarding taxation integrity measures for the superannuation system. The consultation paper addresses two specific measures: the first concerns a member's share of the outstanding balance of a limited ...

Australians raid super to pay for medical expenses

EMMA RAPAPORT  |  WEDNESDAY, 10 JAN 2018
Australians are increasingly dipping into their superannuation accounts to pay for medical expenses including gastric banding and IVF. Figures from the Department of Human Services reveal that in 2016-17, more than $290 million was rereleased from the ...

Global asset manager appoints Aussie managing director

DARREN SNYDER  |  MONDAY, 8 JAN 2018
An investment industry veteran has stepped down from his role as managing director at the Australian office of a US-based multi-affiliate asset manager. His successor has also been named. Prior to the Christmas holidays Gregor Rennie indicated to Affiliated ...

DomaCom enters retail super market with new partnership

ALEX BURKE  |  MONDAY, 8 JAN 2018
Fractional property investment manager DomaCom made a successful play for the retail superannuation sector last week after its fund was approved for inclusion by an Australian super trustee. The DomaCom Fund will now be available as an investment option ...

Majority ready for MiFID II: Spot poll

KARREN VERGARA  |  MONDAY, 8 JAN 2018
A majority of Australian financial services firms said they were confidently ready for the Markets in Financial Instruments Directive II (MiFID) reforms that took effect on January 3, according to Financial Standard's weekly spot poll. More than half ...

Financial Standard's top stories of 2017

ALEX BURKE  |  FRIDAY, 22 DEC 2017
What were Financial Standard subscribers reading in 2017? Check out the most click-worthy stories of this year. The biggest stories of 2017 spanned new super funds, major strategic partnerships, landmark ASIC investigations, long-serving industry executives ...