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Showing 1531 - 1540 of 2026 results for "Legislation"

New online super tracking portal

ELISE BURGESS  |  MONDAY, 26 SEP 2011
... million Australians on lower incomes and older workers," said Bill Shorten, minister for superannuation. The draft legislation is available on the Treasury website.

Boost for corporate sector as Stronger Super details emerge

MATT WOODINGTON  |  WEDNESDAY, 21 SEP 2011
... the feasibility of bringing small employers within this framework from July 1 2015," said Shorten. Stronger Super legislation will be introduced in several tranches over the next nine months while exposure draft legislation on the core elements of MySuper ...

ISN submission targets advice requirement

ELISE BURGESS  |  TUESDAY, 20 SEP 2011
... part of its official submission to the Federal Treasury on the Future of Financial Advice Bill 2011, ISN called for legislation around principles-based obligation to ensure clients' interests are served before adviser, licensee or other related party. ...

Conversation the key to speeding up SOA

RACHEL DAVIS  |  MONDAY, 19 SEP 2011
... super funds are using the same defined scope framework that retail advisors use. The funds are not using intra-fund legislation much at all," said O'Sullivan. "Under defined scope super funds are able to produce SOAs within minutes of completing the ...

Uncertainty and consolidation just the beginning: AFA

ELISE BURGESS  |  MONDAY, 12 SEP 2011
... disadvantage due to the two-tier release of the FOFA reforms. "The Government delivered its first tranche of draft legislation late but has shown no signs of moving implementation beyond 1/7/2012. If advisers are expected to make significant changes ...

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... new powers for ASIC and a consultation paper on the term 'financial planner' outlined in the first tranche of draft legislation of the Future of Financial Advice today. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill ...

FOFA: Government extends soft-dollar benefit ban to non-super risk insurance

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
The Federal Government has extended its ban on soft-dollar benefits under the Future of Financial Advice draft legislation announced today. It will now include risk insurance outside of superannuation. The ban, scheduled to go live on July 1, 2012 ...

FOFA divides on commission

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... proven to be a contentious issue, attracting quick responses from industry heavyweights after today's release of draft legislation of the Future of Financial Advice reforms. Despite hinting that commissions may be allowed in FOFA in early August, Shorten's ...

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
... an ethical framework." Assistant Treasurer Bill Shorten made the announcement as part of the first tranche of draft legislation on the future of financial advice reforms released today. While maintaining its opposition to opt-in, Rantall said that the ...

PIMCO adds to insto team

RACHEL DAVIS  |  WEDNESDAY, 24 AUG 2011
... Private Wealth division, where she provided specialist advice to high net wealth philanthropic clients on structures, legislation and non-profit sector trends. "Sara is a welcome addition to our institutional servicing team," said John Wilson, Head of ...