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Showing 121 - 130 of 2133 results for %22Rule%22

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... regulations to encourage competition while prioritising the safety and effectiveness of emerging competitors. ASIC's rule-making authority extends to the activities, conduct, or governance of clearing and settlement facility licensees, their associated ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... member and what might be vulnerabilities along that path," she explained. She added APRA has been asked if the three-day rule can be extended. "We have thought about that hard and we've looked at it. The law is not written in a way that we can give ...

Super funds are lousy at communications: Strategist

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
Marketing strategist Toby Ralph says super funds must overhaul their member communications, as the days of arranging cohorts by demographic are long gone. Addressing the crowd at the Conference of Major Superannuation Funds (CMSF) in Melbourne, Ralph ...

Spotlight shines brighter on climate reporting: Expert

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
Asset owners must be mindful of increasing regulatory and legislative pressures that will soon sharpen their ability to provide quality and accurate climate disclosure reports, according to an expert. FS Sustainability managing editor Rachel Alembakis ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

Investment bonds offer refuge amid super changes

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
As the government plans to tighten rules around high superannuation balances, investment bonds offer a secure, tax-efficient alternative. The government has proposed doubling the concessional tax rate for super balances over $3 million from 15% to 30%. ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
Rainmaker Information estimates the $3 million superannuation cap would impact $410 billion of savings for around 100,000 Australians. Although only a small proportion of Australians hold $3 million or more in superannuation, they own a disproportionately ...

The super investments driving future economic growth

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
... levels. "Only a third of funds had exposure to infrastructure assets in 2010, but now exposure to infrastructure assets is the rule rather than the exception," said ASFA chief executive Martin Fahy. "Australian super funds are increasing investment in ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2023
The two funds are considering merging, after AvSuper's plans with Commonwealth Superannuation Corporation (CSC) fell through. Australian Retirement Trust (ART) and AvSuper have signed a Memorandum of Understanding (MoU) to explore a merger, commencing ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... rules change violates the Employee Retirement Income Security Act of 1974 (ERISA) Administrative Procedure Act, and that the rule departs from policy put in place by the previous Trump administration ruling that required that financial factors take precedence ...