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Showing 1491 - 1500 of 2025 results for "Legislation"

Stronger Super draft needs clarity

ELISE BURGESS  |  TUESDAY, 17 JAN 2012
... the legal boundaries of trustees. Submissions are being accepted from industry participants on the Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill 2012, the second tranche of the Stronger Super reforms, with the ...

Govt releases final issue of investment manager regime

ELISE BURGESS  |  FRIDAY, 16 DEC 2011
... place to do business for foreign funds", Shorten said. Industry consultation is under way for the development of the legislation.

Round two of Stronger Super revealed

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
... industry bodies have until January 13 to make submissions on the second tranche of the government's Stronger Super legislation, unveiled late yesterday. The latest exposure draft follows the introduction of the first part of the Superannuation Legislation ...

Govt releases intra-fund advice rules

ELISE BURGESS  |  THURSDAY, 8 DEC 2011
... Corporations Act. The ASIC guidance will be finalised next year following on from Future of Financial Advice (FOFA) legislation's being introduced into Parliament, which contains the best interests duty regulation. Shorten said intra-fund advice is essential ...

SMSF sector tackling misconceptions

ELISE BURGESS  |  WEDNESDAY, 7 DEC 2011
Common misconceptions about SMSFs and upcoming draft legislation are all playing a part in shaping this sector for 2012, with borrowing, auditors and sector growth impacting on the entire super industry. Peter Burgess, technical director for the Self-Managed ...

Christmas deadline for FOFA clarity: ANZ

CLAIRE MCGREAL  |  WEDNESDAY, 7 DEC 2011
... on July 1...once we get the answer it will start reducing a lot of the spend." With the first tranche of the FOFA legislation with the Senate Economics Committee until its March 14 report date, many in the industry are concerned the reforms will only ...

PJC: Government needs to re-think payday reforms

RACHEL DAVIS  |  MONDAY, 5 DEC 2011
... Services has found. On 22 September 2011, the House of Representatives referred the Consumer Credit and Corporations Legislation Amendment (Enhancements) Bill 2011 to the Parliamentary Joint Committee (PJC) on Corporations and Financial Services for ...

FOFA implementation time vital: ASFA

CLAIRE MCGREAL  |  THURSDAY, 1 DEC 2011
... Committee (PJC), the Association of Superannuation Funds of Australia (ASFA) also called for both the FOFA and MySuper legislation to be considered in conjunction with each other. ASFA boss Pauline Vamos said that while it supported the FOFA measures ...

Government confirms super guarantee age limit abolished

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... abolish the age limit made it through the Lower House last week, despite the Opposition voting against it. The new legislation means that from July 2013, up to 51,000 eligible workers aged 70 and over will receive the superannuation guarantee for the ...

Industry hits out at Best Interest

CLAIRE MCGREAL  |  FRIDAY, 25 NOV 2011
... availability and accessibility of advice," said John Brogden, chief executive FSC. "Our legal advice tells us this legislation would be very difficult to work with from the point of view of understanding what it means and how it would apply in practice. ...