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Showing 1451 - 1460 of 2809 results for "Regulation"

Family trusts overlooked amid SMSF boom

MARK SMITH  |  TUESDAY, 28 OCT 2014
Financial advisers are overlooking a huge range of benefits that family trusts have over self-managed super funds for their high net worth clients, according to HLB Mann Judd Sydney head of wealth management Michael Hutton. Hutton said that despite ...

APRA releases draft RSE fraud management guide

ALEX DUNNIN  |  MONDAY, 27 OCT 2014
The Australian Prudential Regulation Authority (APRA) has just released for consultation a draft prudential practice guide concerning fraud risk management that Registrable Superannuation Entity (RSE) licensees will be expected to follow. In it the ...

AFA to lobby for MySuper opt in arrangement

LAURA MILLAN  |  FRIDAY, 17 OCT 2014
... benefits' it has to say 'sign this letter and we will move you'," Fox said. "I can't say if the change has to be through regulation or through legislation," he said, when asked if the proposal would involve changing the law. He also asked that super ...

Govt moves to repeal super payslip disclosure rules

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
The government is moving to repeal a law requiring employers to disclose on employee payslips the amount of superannuation contributed and the date at which the contribution will be made. This move, however, will not remove super contributions from ...

AFA presents renewed strategy and Narrative

LAURA MILLAN  |  SUNDAY, 12 OCT 2014
... Cairns unveiling the 'AFA Narrative', a redesigned strategy built around the concepts of market health, advice culture, regulation, public perceptions and advice factors. "We've spent enough time on the back foot over the last five years...but good advisers ...

MyState Financial becomes MyState Bank

MARK SMITH  |  TUESDAY, 7 OCT 2014
... Tasmanian-based banking subsidiary, MyState Financial, to MyState Bank, following approval from the Australian Prudential Regulation Authority (APRA). The company said the name change will simplify MyState's proposition for customers as it enters new ...

Young adults know very little about super

MARK SMITH  |  TUESDAY, 7 OCT 2014
... facts. That's according to a new survey of nearly a thousand 25-34 year olds by the Centre for International Finance and Regulation (CIFR). Most respondents do not check their accounts regularly or change investment options, and only one third read their ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... sectors. The Financial Services Council (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation Authority (APRA), showed retail funds' MySuper products has outperformed industry funds since the beginning of the regime ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
The Australian Prudential Regulation Authority (APRA) will treat MySuper product data as non-confidential, following a period of industry consultation. APRA said the industry "generally supported" APRA's proposal to treat data as non-confidential if ...

Coalition secures PUP support on FoFA vote

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
The Coalition defeated a Labor motion to disallow the changes to the Future of Financial Advice (FoFA) legislation after it secured the support from Palmer United Party (PUP) and other crossbench Senators. Labor Senator Sam Dastiary's attempt to disallow ...