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Showing 131 - 140 of 252 results for "Bill Shorten"

New super bill enters parliament

ELISE BURGESS  |  FRIDAY, 2 MAR 2012
... year. As a result, the general concessional cap is not expected to increase from $25,000 to $30,000 until 2014-15. Bill Shorten, Minister for Financial Services and Superannuation, said the bill will allow for better reporting practices and more flexibility ...

Super accounts on path for consolidation: Shorten

CLAIRE MCGREAL  |  WEDNESDAY, 22 FEB 2012
... active accounts once the Stronger Super reforms kick in on January 1, 2014 according to Financial Services Minister Bill Shorten. The Minister was in Melbourne this morning to launch a new Financial Services Council (FSC) and DST Global Solutions survey ...

Bendigo Wealth opts for scaled advice ahead of FOFA

MELANIE TIMBRELL  |  TUESDAY, 21 FEB 2012
... determined to ensure the best outcome for consumers at the end of the legislative process, currently being driven by Bill Shorten, Minister for Financial Services and Superannuation," said Tullio. "There is significant interest in our low-cost product ...

Shorten locks down accountant timeline

ELISE BURGESS  |  MONDAY, 20 FEB 2012
Financial Services Minister Bill Shorten has committed to a two week deadline for legislation surrounding the role of accountants in the advice industry, in addition to reaffirming his plans to raise contribution caps. Speaking at the Self-Managed Super ...

New MLC unit focuses on accountants servicing SMSFs

MELANIE TIMBRELL  |  WEDNESDAY, 15 FEB 2012
... of the FOFA reforms, although it pre-empts an announcement by Minister for Financial Services and Superannuation, Bill Shorten on the exact nature of what advice will be included in the streamlined licence proposed under FOFA Stage II. Under the current ...

Trio super victims receive compensation

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
... regulated funds who were defrauded of their superannuation in the collapse of Trio," said Financial Services Minister Bill Shorten. The Minister thanked local MPs who made strong representations on behalf of the super fraud victims who he said were "robbed ...

APRA MySuper changes burden for industry

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
... inconsistent with the Stronger Super Information Pack, issued by Minister for Financial Services and Superannuation, Bill Shorten in September 2011. The Information Pack indicated a fund would be able to seek authorisation to offer a MySuper product ...

FOFA debate due after PJC report: Shorten

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
Assistant Treasurer Bill Shorten has confirmed FOFA legislation won't be debated by MPs until after the Parliamentary Joint Committee has delivered its report and recommendations on the bill. Opposition spokesman on Financial Services Mathias Cormann ...

Shorten urges banks to stand by staff

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
Financial Services Minister Bill Shorten has urged Australia's banks not to fall victim to "corporate amnesia". It follows news yesterday that Westpac, which made over $6 billion in profit last year, would be slashing up to 560 jobs as part of cost ...

Super tax concessions in spotlight

MELANIE TIMBRELL  |  MONDAY, 30 JAN 2012
... will fully fund their own retirement. Treasurer Wayne Swan and Minister for Financial Services and Superannuation Bill Shorten announced the Superannuation Roundtable yesterday in response to ideas raised at the Tax Forum in October last year. Pressure ...