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| | | Independent MPs have called for urgent amendments to the Better Targeted Super Bill, particularly regarding the proposed taxation of unrealised gains. The controversial legislation introduces a 30% tax rate for superannuation earnings exceeding $3 million ... |
| | | | Financial Advice Association Australia (FAAA) general manager policy, advocacy and standards Phil Anderson has outlined the industry's biggest gripes with the collapse of Dixon Advisory and how it has been handled. Anderson said he is angry about the ... |
| | | | ... service quality, in a bid to improve transparency. Pension schemes would be publicly rated as red, amber, or green, with poor performing ones required to either improve or transfer members to better alternatives, with no action required from members. ... |
| | | | ... equity markets in Q3 and a decent rally in bonds, this was expedited by the US labour market triggering the Sahm rule and a poor ISM report," Toohey said. "While it's hard to argue too much that the risk of recession in the US hasn't risen somewhat - ... |
| | | | ... included conflicts of interest management, governance and risk management practices, breach remediation processes, addressing poor risk culture and strengthening accountability mechanisms. APRA also required AMP Super to "renew and strengthen" its board ... |
| | | | ... years of service to the company, undermining their job security and financial stability. It's a despicable move and a poor way to thank some of your most loyal staff," FSU national secretary Julia Angrisano said. "This also comes at a time when ... |
| | | | ... Australians to access equity in their homes, combined with changes to stamp duty and the Age Pension, could give asset-rich, income-poor retirees a valuable income boost and help free up more housing for young families, according to a paper published ... |
| | | | ... providers, where individuals are reliant on their employer to choose a pension scheme on their behalf yet face the impacts of poor investment performance. This will only get worse if not tackled," the government said. Government modelling showed that ... |
| | | | ... "is particularly contentious." "Advisers agree that people should have the right to be compensated where they have received poor advice, but they are concerned about why they should have to pay for someone else's poor advice," Ashenden said. Cost base ... |
| | | | ... businesses. ASIC found Oey acted improperly and failed to meet his obligations as a director and officer when displayed a poor track record in the financial management of both Clickthru and O'Corp Media, including failing to meet tax requirements. It ... |
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