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Showing 1311 - 1320 of 1832 results for "Bill 2014"

Shorten responds to bias accusations

ELISE BURGESS  |  FRIDAY, 3 JUN 2011
Assistant Treasurer Bill Shorten has refuted claims made by planner association critics that have suggested his FOFA reforms are an industry funds puppet, with a spokesman labelling the claims as "a bit rich". Yesterday the Association of Financial ...

Market Wrap

AAP  |  THURSDAY, 2 JUN 2011
The Australian securities market has opened more than 1.5 per cent lower after gains were wiped off US markets overnight. At 1015 AEST, the benchmark S&P/ASX200 index was down 84.9 points, or 1.8 per cent, at 4,622.4, while the broader All Ordinaries ...

Proposed tough planner rules

ELISE BURGESS  |  THURSDAY, 2 JUN 2011
Financial planners could face a tougher regulator, if changes to ASIC's powers go ahead. Currently under review by the Treasury, proposals include strengthened authority to ban advisers. The reforms in question propose that harsher penalties should ...

Planners commission ban skips property

ELISE BURGESS  |  MONDAY, 30 MAY 2011
Financial planners won't lose out on all commissions after Assistant Treasurer Bill Shorten confirmed the ban on commissions will not cover property investments, pushing opportunities for planners in the self-managed super fund (SMSF) space. Property ...

Super insurance simplified for funds

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
Superannuation industry organisations have welcomed new legislation that makes it easier for super funds to claim tax deductions for the cost of total and permanent disability insurance provided to members. Superannuation Minister Bill Shorten introduced ...

Tougher controls for SMSF collectibles

ALEX DUNNIN  |  THURSDAY, 19 MAY 2011
Draft legislation has been released by the federal government outlining new rules for self-managed super funds (SMSF) investing in collectibles. The proposed regulations are a significant watering down however of Super System Review recommendations ...

TWUSUPER upgrades member insurance

MATT WOODINGTON  |  TUESDAY, 17 MAY 2011
Transport and logistics industry fund TWUSUPER has strengthened its insurance package for members, offering increased death and total and permanent disablement (TPD) cover. As of May 28, the $2.4 billion fund will implement a raft of changes having ...

Advisers launch FOFA attack

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Now the Budget is over financial adviser groups have come out swinging over the Future of Financial Advice (FOFA) reforms, rallying members to pressure the Government to scrap their most hated measures. The two key points adviser groups want scrapped ...

Market Wrap - Midday

AAP  |  THURSDAY, 12 MAY 2011
The Australian share market was firmly in the red at noon as resources stocks fell following a drop in commodity prices and a weak lead from Wall Street. At 1202 AEST, the benchmark S&P/ASX200 index was down 71.2 points, or 1.49 per cent, at 4,709 points ...

Budget 2011: Advisers granted budget wish

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
Financial advisers have been granted at least one wish in this year's budget. From July 1 those who breach the concessional contributions cap by up to $10,000 have been given the option to withdraw the excess funds to avoid penalty tax rates. The concession ...