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Showing 1251 - 1260 of 1948 results for "Proposal"

ASIC releases proposed conflicted remuneration guidelines

BEN COLLINS  |  TUESDAY, 2 OCT 2012
ASIC has released proposed guidance on the conflicted remuneration ban, as part of the Future of Financial Advice (FOFA) reforms. The ban on conflicted remuneration includes commissions and volume-based payments in relation to advice about retail investment ...

SMSF industry hits back on 'rort' claims

MELANIE TIMBRELL  |  FRIDAY, 28 SEP 2012
Specialist SMSF group Dixon Advisory has rejected claims that self-managed super funds should be subject to new tax treatment, arguing that recent papers ignore tax concessions available to all superannuation members. Nerida Cole, managing director ...

Abbott government to index military pensions

ALEX DUNNIN  |  TUESDAY, 25 SEP 2012
In a major speech on military policy to the Returned Services League national conference this morning, opposition leader Tony Abbott vowed to index military retirement pensions if elected next year. "An incoming coalition government would finally offer ...

APRA requirements welcomed by sector

BEN COLLINS  |  THURSDAY, 20 SEP 2012
Both sides of the superannuation sector have welcomed revised reporting standards proposed by APRA. New proposals released by the prudential regulator yesterday aim to increase the amount of data required of super funds, bringing them in line with other ...

APRA releases reporting consultation

BEN COLLINS  |  WEDNESDAY, 19 SEP 2012
Reporting requirements for superannuation funds would be changed for the first time since 2004 under proposed revisions released in an APRA consultation paper, which includes 31 draft reporting forms and instructions. Information about each trustee ...

Treasury paper ignores responsibility: ACFS

MELANIE TIMBRELL  |  MONDAY, 17 SEP 2012
Recently released proposals to increase the power of the prudential regulator have failed to address the issue of accountability and performance appraisal. The Australian Centre for Financial Studies (ACFS) has argued in an analysis paper released today ...

ISN blasts FSC's independence policy

BEN COLLINS  |  WEDNESDAY, 12 SEP 2012
... obligation to maximise shareholder returns and the fiduciary duty owed to fund members." ISN also said the policy contains no proposal to avoid or even disclose related party transactions between the parent company, related entities and the RSE, "notwithstanding ...

Greens propose scaled super contribs tax

ALEX DUNNIN  |  WEDNESDAY, 12 SEP 2012
... a flat rate of 15%, it should be taxed on a sliding discounted scale based on a fund members' marginal tax rates. The proposal follows emerging debate about the cost of superannuation tax subsidies to the Commonwealth budget and whether it is excessive ...

They will or they won't

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2012
... its zero interest rate policy. If not, "It is even possible that the committee would adopt Chicago Fed President Evans' proposal to signal no rate hikes until the unemployment rate has fallen to a specific level (in Evans' version 7%) unless underlying ...

Super roundtable supports small business clearing house

MELANIE TIMBRELL  |  MONDAY, 10 SEP 2012
A Council of Small Businesses of Australia (COSBOA) proposal to better promote the Government's small business super clearing house has received support from the fourth meeting of the Government's industry superannuation roundtable. Around 32,000 businesses ...