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Showing 1301 - 1310 of 2024 results for "Legislation"

Government to table concessional contributions bill

LAURA MILLAN  |  WEDNESDAY, 19 JUN 2013
The government is expected to introduce legislation to ease penalties on excess concessional contributions into Parliament today. If amended, the Tax Laws Amendment Bill 2013 and Superannuation Imposition Bill 2013 will allow Australians to withdraw ...

Industry "disappointed" at PJC recommendation

LAURA MILLAN  |  TUESDAY, 18 JUN 2013
... presented to the Parliament its report after consultation with the industry and recommended no significant changes to the legislation that will make financial planners to become registered tax agents in order to give tax advice. The Financial Planning ...

Fund CEOs slam MySuper as 'death by a thousand cuts'

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
... engaged; the disengaged will stay disengaged." Another called it a "death by a thousand cuts." The majority saw the legislation leading to mergers. "Medium-sized funds will spend the next five years figuring out who to merge with," one respondent said. ...

Coalition opposes TASA changes

LAURA MILLAN  |  MONDAY, 17 JUN 2013
... if approved, would come in on July 1, 2013. Industry bodies have firmly opposed changes in TASA and claim that the legislation still has grey areas that need to be clarified. "TASA has the potential to have more impact on planners than the Future of ...

CBA launches MySuper compliant product

ALICE URIBE  |  MONDAY, 17 JUN 2013
... wealth management division Colonial First State (CFS). Its launch also coincides with the start date of the MySuper legislation. Essential Super will be offered as a companion product to CBA customers' transactions accounts and also via the existing ...

Dissenting Coalition TASA report could impact independents

LAURA MILLAN  |  FRIDAY, 14 JUN 2013
... more clarity on the definition of tax agent," Anderson said. "But if the report suggests that we need to change the legislation, there is still little time, we have only two weeks for it to go through the Parliament and the Senate." Under the current ...

Asian LGBT advice firm headhunts Aussie planners

MARK SMITH  |  FRIDAY, 14 JUN 2013
... jurisdictions considering changes to laws to put same-sex couples on the same legal footing as heterosexual couples. The legislation has ramifications for the financial needs of the community. Joe Meade, principal at Sterling Associates, the recruitment ...

Industry bodies ask PJC for TASA extension

LAURA MILLAN  |  THURSDAY, 13 JUN 2013
... cost the advice industry up to $1 billion to meet the requirements of TASA. The Future of Financial Advice (FoFA) legislation coming in also on July 1 puts more pressure on advisers. "We have 18 days to go before we find ourselves in the Future of Financial ...

PJC to hold TASA hearing tomorrow

LAURA MILLAN  |  TUESDAY, 11 JUN 2013
... this month. The PJC intends to look at the grey areas of the bill and is expected to debate over the scope of the legislation and how will it interact with the Future of Financial Advice (FoFA) regulation, which will also come in on July 1. The Committee ...

Greens hold the key to TASA in Senate

LAURA MILLAN  |  TUESDAY, 4 JUN 2013
... June 17 and the outcome will be discussed at the Senate. "The role of the Greens in making any amendments to this legislation will be critical," Rantall said. "We have some heavy lifting to be done between now and June 17." If the bill passes, financial ...