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Showing 111 - 119 of 119 results for "Protecting Your Super"

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
IOOF's bottom line will take a hit from the newly legislated Protecting Your Super package and the proposed removal of grandfathered commissions. Acting chief executive Renato Mota and chief financial officer David Coulter told an investor briefing ...

Super account consolidation to hurt AMP

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
... AMP informed the market it would feel the pinch. The wealth manager said that barring any changes to the Protecting Your Super package - given it now heads back to the House of Representatives after the Senate's amendments last week - it would stand ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... Royal Commission and Productivity Commission's recommendations, while in Canberra the Senate pored over the Protecting Your Super Bill from last year's budget. The Senate last evening passed legislation to give the Australian Taxation Office (ATO) the ...

Government carves out super deal

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
The Government's signature superannuation legislation passed through the Senate, but not without victims. Last night the Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018 passed the Senate after a deal was struck with the Greens ...

Will the PC recommendations fall through the cracks?

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... policy would require the passage of bills through Parliament. "As we've seen with the stalling of the Protecting Your Super, Objective of Superannuation, and Strengthening Trustee Arrangements Bills, government policy doesn't always find its ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... "Even more worrying is that industry continues to lobby against sensible consumer protections, such as the Protecting Your Super Package currently before parliament, which would address these problems." Federal Treasurer Stuart Robert said there are ...

Government amends key super reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
Amending the Protecting Your Super reforms, the Federal Government has made an exception to the opt-in life insurance changes to ensure coverage for Australians working in dangerous occupations. Addressing delegates at the 2018 ASFA Conference, Assistant ...

We must do better: ASFA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
... that we need to make and the lifting of contributions that we need to make is part of our focus." With the Protecting Your Super measures introduced to Parliament yesterday, Easson also reaffirmed ASFA's stance on removing automatic life insurance ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... outcomes sitting before the Senate and Robert hopes to get them over the line before the end of November. The Protecting Your Super reform is one, which is pushing for life insurance on an opt-in basis for young members under 25 and low balances or inactive ...