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Showing 1701 - 1710 of 2333 results for "ART"

Sinodinos holds strong on FoFA regs despite legal concerns

LAURA MILLAN  |  TUESDAY, 18 FEB 2014
Assistant Treasurer Arthur Sinodinos remained resolute about his plan to introduce the amendments to the Future of Financial Advice (FoFA) via regulations "to the extent legally possible," despite some industry opposition. Sinodinos said that the aim ...

Actuaries call for overhaul of retirement phase rules

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
The Actuaries Institute has called for profound change to the regulation of the retirement phase of superannuation, including changing the rules around lumps sum withdrawals and removing impediments to older people who want to continue working. In its ...

Industry resists full portfolio disclosure

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
The superannuation and funds management industry has universally resisted the move towards full transparency of portfolio holdings. In submissions to Assistant Treasurer Arthur Sinodinos' discussion paper, 'Better regulation and governance, enhanced ...

Bowen's FoFA fears "complete rubbish": AFA

LAURA MILLAN  |  WEDNESDAY, 12 FEB 2014
The Association of Financial Advisers (AFA) has slammed comments by Shadow Treasurer Chris Bowen that proposed amendments to the Future of Financial Advice (FoFA) regulation may make Storm or Trio Capital cases "more likely" as "complete rubbish." "The ...

PROFILE: Assistant Treasurer Arthur Sinodinos

ALICE URIBE  |  WEDNESDAY, 12 FEB 2014
A career in the public and private sector has set the Assistant Treasurer Arthur Sinodinos in good stead for his challenge to change the financial services sector. Alice Uribe reports. By his own admission, politics was not always on the cards for Senator ...

Latest Financial Standard issue available on the iPad app

JAMES FERNYHOUGH  |  MONDAY, 10 FEB 2014
In the latest edition of Financial Standard, we sit down with Assistant Treasurer Arthur Sinodinos to discuss his career to date and find out what he hopes to achieve in office. In particular, Senator Sinodinos reflects on the thinking behind the proposed ...

Compensation opposed for SMSFs: SPAA

HARRY PAGE  |  FRIDAY, 7 FEB 2014
The SMSFs Professionals' Association of Australia (SPAA) has supported the government's stance to oppose any form of compensation scheme for self-managed superannuation funds (SMSFs). In response to a statement made by the Assistant Treasurer Arthur ...

DomaCom launches property fund

LAURA MILLAN  |  WEDNESDAY, 5 FEB 2014
DomaCom has launched a fractional property investment product, available through the company's platform, called the DomaCom Fund. The fund has exposure to residential, commercial and industrial property and targets self-managed super fund (SMSF) investors ...

ASFA calls for clarity on retirement income review

JAMES FERNYHOUGH  |  WEDNESDAY, 5 FEB 2014
The Association of Superannuation Funds of Australia (ASFA) has called on the government to provide a clear timetable and terms of reference for its review of retirement income stream regulations, including the tax treatment of deferred lifetime annuities ...

Superannuation bodies axed in government streamlining

MARK SMITH  |  MONDAY, 3 FEB 2014
The SuperStream Advisory Council, the Superannuation Advisory Committee and the Superannuation Roundtable have become the latest casualties of the government's 'streamlining' process. With reforms to the superannuation sector in recent years largely ...