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Showing 1331 - 1340 of 1978 results for "TAS"

Accounting and advice practices likely to increase mergers

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
Recent regulatory changes that allow accountants to provide financial advice under a limited licence are likely to increase the appetite for mergers and acquisitions between accounting and advice practices. "The accounting industry's foray into the ...

Could ASIC become the SMSF regulator?

JAMES FERNYHOUGH  |  TUESDAY, 10 SEP 2013
The recent scrutiny that self-managed super funds (SMSFs) have found themselves under from the Australian Securities and Investments Commission (ASIC) could be a taste of things to come, according to lawyer Claire Wivell Plater, managing director of ...

ASIC concerned over "pockets" of poor SMSF advice

LAURA MILLAN  |  MONDAY, 2 SEP 2013
The Australian Securities and Investments Commission (ASIC) has found "concerning pockets of poor advice" which involve recommendations that self-managed super fund (SMSF) investors gear into real property. ASIC's commissioner Greg Tanzer said that ...

Super behemoths set to lock horns in Supreme Court

MARK SMITH  |  WEDNESDAY, 28 AUG 2013
Two behemoths of the superannuation industry, AustralianSuper and the Future Fund, will meet in the Victorian Supreme Court in mid-October to dispute the circumstances around the sale of a 29.7% stake in Perth airport. AustralianSuper, which manages ...

Mercer gives taster of MySuper product

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
Mercer has developed a "whole-of-life" lifecycle default fund which it will use as its MySuper product. The fund, named 'SmartPath', is already being advertised on Mercer's website, and will be available on 1 January 2014. Mercer partner Graeme Mathers ...

Academic questions Libs' super board independence policy

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
The Coalition's plan to introduce stricter rules aimed at ensuring super fund board independence could be counterproductive, according to Sally Wheeler, professor of law at Queen's College, Belfast. Speaking at an event hosted by the Association of ...

Future Fund denies wrongdoing in Perth Airport deal

MARK SMITH  |  TUESDAY, 27 AUG 2013
The Future Fund will oppose a preliminary discovery application lodged by AustralianSuper, denying any liability for the damages incurred by Australia's largest super fund during its acquisition of a shareholding in Perth Airport Development group. ...

APRA to focus on reinsurers

LAURA MILLAN  |  MONDAY, 26 AUG 2013
The Australian Prudential Regulation Authority (APRA) will focus on the performance of reinsurance groups as a way to prevent the negative effects on the insurance industry if a reinsurer was downgraded or failed. APRA senior manager Kate Bible said ...

Market Wrap AM

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013
The Australian market looks set to open lower after Wall Street continued its downward trend on mediocre economic news and higher bond yields. At 0755 AEST on Tuesday, the September share price index futures contract was down 17 points at 5,071. In ...

Super funds need to clarify DisabilityCare to members

LAURA MILLAN  |  WEDNESDAY, 14 AUG 2013
Superannuation fund members are confused about DisabilityCare and funds should be sending out the message that the government's program doesn't cover all life insurance aspects. The Australian Institute of Superannuation Trustees (AIST) senior policy ...