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Showing 1521 - 1530 of 2989 results for "ARRA"

Government releases draft life insurance regulations

ALEX BURKE  |  FRIDAY, 8 APR 2016
The Government has released an exposure draft of the Corporations Amendment (Life Insurance Remuneration Arrangements) Regulation 2016 bill. The amended regulation allows temporary inclusion of stamp duty in commissions for death benefits while the ...

Accountants should beware AFSL traps

ALEX BURKE  |  MONDAY, 4 APR 2016
Accountants should be careful in choosing the right licensee if they want to continue providing SMSF advice from July 1, according to Connect Financial Service Brokers chief executive Paul Tynan. Tynan noted that existing business models and succession ...

IMF Bentham announces $30m bond issue

KERRIE SYDEE  |  WEDNESDAY, 23 MAR 2016
IMF Bentham has announced the launch of a bond issue of $30 million to be made available to wholesale investors such as institutional, private and SMSF investors. Arranged by FIIG Securities, the four year and three month fixed rate senior secure issue ...

Further fintech reform on cards

DARREN SNYDER  |  TUESDAY, 22 MAR 2016
The federal government has signaled intentions for further fintech reforms, especially around crowd-funding, in a bid to rapidly expand a sector which is "transforming our financial system." Releasing the government's fintech statement yesterday, Treasurer ...

ASIC consults on robo regulation

ALEX BURKE  |  MONDAY, 21 MAR 2016
ASIC has released a draft regulatory guide and consultation paper for the robo-advice sector. The guide addresses industry concerns about and expectations for digital advice. It suggests robo-advice providers must hold an Australian financial services ...

Super governance at top of APRA agenda

MARK SMITH  |  MONDAY, 21 MAR 2016
The Australian Prudential Regulation Authority has highlighted three superannuation governance issues it will prioritise in its regulatory agenda for 2016. The first of these issues is what the regulator called "the robustness of strategic and business ...

AMMA adds voice to superannuation choice

KERRIE SYDEE  |  MONDAY, 21 MAR 2016
AMMA (Australian Mines and Metals Association) has welcomed proposed legislation to ensure unions cannot stop Australian employees choosing their own superannuation fund. In response to the Superannuation Legislation Amendment (Choice of Fund) Bill ...

AFA calls out ISA on claims blame

ALEX BURKE  |  FRIDAY, 11 MAR 2016
Association of Financial Advisers chief executive Brad Fox has dismissed Industry Super Australia's calls to connect adviser remuneration with insurance claim decisions. Arguing that linking the two is "like blaming a petrol station for a driver who ...

Super tax concessions no gift

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
Industry superannuation fund Vision Super has hit out at Assistant Treasurer Kelly O'Dwyer's assertion that super taxation concessions are a "gift", saying their implementation has been more about budget fixes. Vision Super said Australians have been ...

Up to 2.4m super members affected by CommInsure scandal

MARK SMITH  |  THURSDAY, 10 MAR 2016
Up to 2.4 million superannuation members could be impacted by the allegations which have rocked insurance company CommInsure, according to Rainmaker Information estimates. A joint investigation by Fairfax the ABC's 4 Corners alleged the company pressured ...