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Showing 1361 - 1370 of 2025 results for "Legislation"

CGT relief passes Senate

BEN COLLINS  |  FRIDAY, 23 NOV 2012
Capital gains tax relief legislation for superannuation funds passed through the Senate yesterday alongside two other key pieces of reform. Unrealised gains or losses on revenue and capital assets incurred from 1 October 2011 to 1 July 2017 can now ...

Adviser retraining delivers in spades: BT

MARK STORY  |  FRIDAY, 16 NOV 2012
... re-establish a 'client-centric' business in the face of massive regulatory uncertainty confronting the industry. "Waiting on legislation has been very disempowering for advisers, so we wanted to equip them with the technical skills to succeed regardless ...

Asset consultants influence to grow amid industry change

MARK SMITH  |  FRIDAY, 16 NOV 2012
... multiple times to different funds. Right now the industry body doesn't believe that these concerns warrant any further legislation and there doesn't seem to be a great deal of pressure on them to act. The reluctance of anybody to speak out against asset ...

Super reforms hasten fund consolidation

MARK SMITH  |  FRIDAY, 9 NOV 2012
... too distant future the entire superannuation industry will comprise just a handful of all encompassing mega funds. "Legislation such as MySuper, with its focus on cutting costs for consumers, is pushing both the retail and industry sectors to consolidate ...

Market wrap early AM

AAP  |  WEDNESDAY, 7 NOV 2012
... world want a clear decision that will allow the government to move on fixing the extremely austere "fiscal cliff" legislation that comes into play at year end. LONDON - Europe's main stock markets closed higher in cautious trading as investors await ...

Exchange-traded gov bonds expand investment options

MARK STORY  |  FRIDAY, 2 NOV 2012
... government bonds moved a step closer yesterday following the Senate's passing of the Commonwealth Government Securities Legislation Amendment (Retail Trading) Bill. Subject to regulatory clearance, trading is expected to commence in the first half of ...

Relax legislation on deferred annuities: Challenger

BEN COLLINS  |  FRIDAY, 2 NOV 2012
... to be removed," Benari said. Longevity risk is an issue which can not be solved through saving alone, and current legislation restricts access to products which can help retires insure against it, he said. He added that it was also not taken into account ...

Avoid estate planning mistakes

BEN COLLINS  |  TUESDAY, 30 OCT 2012
... estate planning, but are often overlooked include: different state laws and power of attorney. "For example, Victoria's legislation allows for the broadest range of claimants against an estate, which means that anyone who the testator had a responsibility ...

MySuper: industry not dead if proper action taken

LINDA HAUSKEN  |  MONDAY, 29 OCT 2012
Under the Government's MySuper legislation, it is vital for corporate super specialists to engage with their clients and focus on exited members, warns CESSA. Douglas Latto, president at the Corporate Super Specialist Alliance (CESSA) said that the ...

Tax-efficient giving advice missing: Macquarie

MARK SMITH  |  WEDNESDAY, 24 OCT 2012
... difficulty in setting up funds is that many accountants and lawyers are stumbling in the dark. Staying abreast of legislation is a pain in the neck," he said. Dedicated firms, such as the APS, now make it increasingly easy for financial advisers to outsource ...