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Showing 151 - 160 of 2044 results for "Legislation"

ACCC urges parliament to pass new merger laws

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... comment on transactions before the ACCC for the wider community, including consumers and small businesses." If the legislation passes, the new regime will come into effect from 1 January 2026 with voluntary notification available from 1 July 2025. "The ...

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
... The Association of Superannuation Funds of Australia (ASFA) also wants to see the reforms passed swiftly, with the legislation to also benefit super funds. ASFA chief executive Mary Delahunty said the move will be a "revolutionary step" for Australians ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... Prosecutor's Office issued an indictment against Regal and its former employee for alleged breaches of securities legislation in connection with trading on a single day in 2019. "We understand that, by extension, Regal Funds Management (RFM) as the ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... turned down. "Ultimately after months of advocacy, it's incredibly disappointing Labor has chosen to proceed with legislation that does not sensibly index the $3 million threshold to Consumer Price Index (CPI) and this lack of indexation will disproportionately ...

GESB adopts Protecting Your Super reforms

JAMIE WILLIAMSON  |  MONDAY, 30 SEP 2024
... Superannuation Regulations 2001 to align the fund with the broader superannuation industry and the Protecting Your Super legislation, which was introduced in 2019 to help avoid unnecessary erosion of account balances. As of September 25, GESB can now ...

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... strategy that aims to maximise the retirement income of their members while managing risks and providing flexibility. "Legislation supports the use of nudges by encouraging funds to engage with members to help them make better retirement decisions." ...

Reforms needed to boost engagement: ASFA

MATTHEW WAI  |  MONDAY, 23 SEP 2024
... second tranche of the DBFO reforms to make financial advisers more accessible through super funds. "The advice in super legislation will reduce red tape and improve the efficiency of accessing advice. It will be a revolutionary step for Australian's ...

ASIC updates and reissues RG 121

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... guidance has updated descriptions of, or references to, financial products and services, obligations of AFS licensees, legislation administered by ASIC, other applicable rules and legislation, and ASIC's regulatory documents to reflect the current legal ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
The legislation that will see superannuation contributions paid alongside government-funded parental leave entitlements passed parliament this morning. Parents receiving payments from the Commonwealth Paid Parental Leave scheme will begin receiving ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... Super laws. Releasing its proposed framework today, the government outlined further details it plans to include in legislation to incentivise compliance and ensure employees are fairly compensated when super payments are delayed. From 1 July 2026, employers ...