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Showing 1611 - 1620 of 3918 results for "law"

Treasurer courts retirees with new superannuation measures

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg unveiled new superannuation measures on the eve of releasing the 2019-20 Budget in a bid to win over retirees. Frydenberg announced yesterday that 65 and 66-year-olds will be able to make voluntary superannuation contributions ...

New Zealand investors call for action after attacks

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
... announced in the days following the Christchurch attacks, Whineray said that the group was investigating whether New Zealand law had been breached by social media companies and was monitoring the response of the New Zealand government. Whineray said ...

Board of Taxation reviews granny flat taxes

ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
... Formal and legally enforceable family agreements were identified as a measure to prevent elder abuse in the 2017 Australian Law Reform Commission's report 'Elder Abuse - A National Legal Response'. The report found that current tax arrangements have ...

Consumers confused by general, personal advice

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... when general advice is given. Chester said: "Nearly 40% of those surveyed were unaware that advisers were not required by law to act in their clients' best interests." ASIC indicated it expects the need for financial advice to grow due to the aging population ...

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... May 24. Legislation on the distribution of superannuation death benefits, ATSI peoples' kinship structures and how the law accommodates these structures are up for discussion. The consultation comes on the back of Hayne's final report, which asked ...

Superannuation, insurance expert joins EY

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... insurance specialist has joined Ernst & Young as a partner. Lisa-Marie McKechnie was appointed partner of the financial services law division after spending nine years at law firm Mills Oakley, where some of clients included Hostplus, QSuper and First ...

Chief economist update: The Fed should act now

BENJAMIN ONG  |  FRIDAY, 29 MAR 2019
When I was an economics student, I never much cared about economic history. What good does economic history offer? The agricultural revolution gave way to the revolution in industry and now... the tech revolt. Surely, things and the way of doing things ...

Frydenberg takes action on banning grandfathered commissions

HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
Consultation is now open for the Federal Government's response to Commissioner Kenneth Hayne's recommendation that grandfathered conflicted remuneration should be eliminated. The new regulation proposes financial product manufacturers to pass on to ...

Investors raise alarm on Facebook

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
In the wake of the Christchurch terrorist attack, many are questioning the role of Facebook in investment portfolios. After the social media giant live streamed the shootings, ethical investors have been forced to consider whether Facebook genuinely ...

ClearView defends risk advice commissions

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... to be banned and for financial advisers to access 10 or so APRA-regulated retail life insurers. "APLs are not recognised by law. They are an artificial construct developed by vertically-integrated institutions to influence advice and channel clients ...