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Showing 151 - 160 of 1635 results for "Recommended"

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... coherent and consistent approach to corporate regulation and law enforcement," Senator Andrew Bragg said. "We have also recommended a suite of measures to improve governance and transparency. This includes a statutory mandate to investigate corporate ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... released from the family home when it is sold, for example, $300,000 per person or $600,000 for couples. Boal also recommended providing Age Pension means test relief on money accessed through home equity release schemes, up to the same cumulative limits ...

Government urged to overhaul gift tax system

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... activities that are likely to generate the greatest net benefits for the community," Robson said. The report said the recommended changes could increase the number of charities that can receive tax deductible donations from about 25,000 charities to ...

'Growing revenues, not AUM, is the new name of the game': ISS

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
... asset manager," the report said. "While zero-sum games inherently create losers, there are winners, too." The report recommended that managers focus on where the prospects for revenue growth are greatest and identify opportunities to improve scale where ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... said there's too many shortcomings when it comes to the handling of reports of alleged corporate misconduct, and recommended it be legislated that ASIC or future authorities investigate such reports "at an appropriate rate." Evidence to the committee ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... 1 from the Bill, speedy passage of the rest of the Bill through the Senate and the House can be facilitated," they recommended. Draft regulation of the first tranche of the Delivering Better Financial Outcomes reform package is up for consultation until ...

Aussies' financial literacy declines, young people fare the worst

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... academics, peak bodies, philanthropic partners, industry, and government to ensure collaborative action. Moreover, it recommended ensuring that students have access to quality, evidence-based financial education in all schools across Australia and continuing ...

Super tax concessions cost $54.5bn in lost revenue: Research

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... earners avoid tax, exacerbate income and gender inequality, and come at a huge cost in foregone revenue. The research recommended ending, or at least limiting, super tax concessions for the top 10% of earners and those whose high super balances do not ...

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... financial services sector and there's much broader implications than just for managed investment schemes." "We recommended that any review of a wholesale client definition should be subject to a standalone consultation to enable participation by ...

Former super fund adviser receives permanent ban

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... authorisation with his licensee, ASIC said. The regulator added that Dzawo did not disclose his interest in an investment he recommended to clients and said he "demonstrated a serious lack of honesty, integrity, judgement, trustworthiness and professionalism." ...