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Showing 1341 - 1350 of 2383 results for "Rule"

FSC puts pressure on Ross ahead of FWC court hearing

JAMES FERNYHOUGH  |  TUESDAY, 3 JUN 2014
The Financial Services Council has challenged Fair Work Commission (FWC) President Iain Ross to declare whether he intends to stand down from the superannuation expert panel. The letter, which requests a number of clarifications on comments Ross made ...

Federal Court reduces Wealthsure compensation

STAFF WRITER  |  TUESDAY, 3 JUN 2014
The Federal Court has reduced the compensation amount that Wealthsure will need to pay to two of its former clients. The court determined that Wealthsure, financial adviser David Bertram and its directors are "concurrent wrongdoers in relation to the ...

Super isn't working for us, say baby boomers

JAMES FERNYHOUGH  |  MONDAY, 2 JUN 2014
... commissioned by REST Industry Super has found. The report also found that 45% of respondents were concerned about the constant rule changes, while 14% do not understand the system and 9% do not trust it. Only half said they were looking forward to retirement ...

Macquarie admits "unresolved matters" with ATO

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
Macquarie Group has admitted it has "unresolved matters" with the Australian Tax Office (ATO), but it considers it holds "appropriate provisions" in those. The group reacted to information published by Fairfax Media, which revealed a full-scale audit ...

Super advocates urge caution on age access

AAP  |  TUESDAY, 20 MAY 2014
... government could change the age at which people could access their super, but Prime Minister Tony Abbott quickly moved to rule out making changes any time soon. The Association of Superannuation Funds of Australia (ASFA) believes the superannuation preservation ...

Treasurer signals major superannuation shake up

ALEX DUNNIN  |  TUESDAY, 20 MAY 2014
Treasurer Joe Hockey has given the strongest signal yet that the government will be introducing sweeping reforms to bring superannuation into sync with age pension reforms that were announced in last week's budget. The Treasurer was speaking last night ...

YBR acquires mortgage aggregator for $17.6 million

ALICE URIBE  |  MONDAY, 19 MAY 2014
Wealth management firm Yellow Brick Road (YBR) has received irrevocable acceptance from all 24 shareholders in Vow Financial Holdings for its offer to acquire 100% of the mortgage aggregator. The offer valued Vow at $17.6 million and shareholders have ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
Corporate super specialist advisers have found a legal loophole that could allow them to maintain a business model that has been banned under the Future of Financial Advice (FoFA) legislation. The loophole, as described by Commonwealth Bank of Australia ...

Labor to oppose rise in pension age

JAMES FERNYHOUGH  |  FRIDAY, 16 MAY 2014
... would not prevent the government from funding its policies. The Senate can therefore block it without breaking the unwritten rule against blocking supply. Shorten also condemned the government's plan - not included in the budget - to do away with the ...

Budget reply speech 2014 -15: Bill Shorten