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Showing 1261 - 1270 of 2024 results for "Legislation"

MetLife poised to enter DLA market

JAMES FERNYHOUGH  |  FRIDAY, 11 OCT 2013
... years in the US. Regarding the Australian market, Arora said there needs to be a change in perception (as well as legislation) if DLAs are to take off. "That trade-off between maximum income and minimum flexibility as opposed to maximum flexibility and ...

Obama says no deal

BENJAMIN ONG  |  FRIDAY, 11 OCT 2013

ATO unsure if dividend washing illegal

ALEX DUNNIN  |  FRIDAY, 4 OCT 2013
... dividend washing the ATO said it intends to issue a Public Ruling on this issue under the framework of the anti-avoidance legislation. Such a ruling will, however, have to be based on Tax Law to withstand potential challenges. "The ATO believes dividend ...

RBA red flags SMSF property exposure

LAURA MILLAN  |  THURSDAY, 26 SEP 2013
... superannuation fund (SMSF) exposure to property. In a Financial Stability Review, the RBA noted that changes to superannuation legislation have made direct property investment more appealing and more accessible to SMSF. "The sector therefore represents ...

Brogden questions ASIC and APRA roles

LAURA MILLAN  |  TUESDAY, 24 SEP 2013
... Regulation Authority (APRA). "There needs to be a clear demarcation between policy creation by Treasury and regulation of legislation giving effect to this policy by APRA and ASIC," Brogden said. "It would be legitimate to include the 'twin peaks' model ...

ASIC, "twin peaks" model faces review

LAURA MILLAN  |  MONDAY, 23 SEP 2013
... Authority (APRA) and ASIC. "There needs to be a clear demarcation between policy creation by Treasury and regulation of legislation giving effect to this policy by APRA and ASIC." "The mandates of ASIC and APRA also need to be more firmly set, as both ...

John Hewson calls for overhaul of superannuation system

MARK SMITH  |  TUESDAY, 17 SEP 2013
... planning sector and anticipates significant changes to the current incarnation of the Future of Financial Services (FoFA) legislation. "I don't think the previous government scored too many home runs with the changes it brought in, from an industry point ...

Industry backs Cormann as Superannuation Minister

LAURA MILLAN  |  MONDAY, 9 SEP 2013
... Association of Financial Advisers (AFA) said that it supports the changes to the Future of Financial Advice (FoFA) legislation announced by Cormann and the Coalition prior to the election. "The AFA is also looking forward to the Coalition ironing out ...

FoFA changes, an improvement to advice businesses

LAURA MILLAN  |  THURSDAY, 5 SEP 2013
Features such as the fee for service provision in the Future of Financial Advice (FoFA) legislation are an improvement to financial planning businesses and are attractive to customers, some advisers are saying. "I am transitioning to a fee for service ...

Kenyon Partners renames to Connect Financial

LAURA MILLAN  |  MONDAY, 2 SEP 2013
... witness. Tynan expects that as soon as the dust settles after the implementation of the Future of Financial Advice (FoFA) legislation, dealer groups will quickly turn their focus and attention to succession planning as Baby Boomer practice owners and ...