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Showing 181 - 190 of 732 results for "Amendment"

Guidance on financial risks of climate change released

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
The prudential regulator has released the final guidance on managing the financial risks of climate change, having made minor amendments following industry consultation. The guidance outlines how institutions must identify and monitor risk, covering ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... members to be able to make informed decisions in retirement. McCrea also urged the Parliament to pass the Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping Australian Businesses Invest) Bill 2021 to ensure that those ...

Portfolio holdings disclosure a failure: Morningstar

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
... expressed its disappointment with the outcome. The government released on November 11 a final version of the Corporation Amendment (Portfolio Holdings Disclosure) Regulations 2021, which was roundly supported by super funds. But, Morningstar said the ...

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... see the merger of Sunsuper and QSuper through was passed this week. The Superannuation (State Public Sector) (Scheme Amendment) Bill 2021 was passed by the Queensland Parliament on October 26, enabling the merger. The bill saw a relatively speedy turnaround ...

Australian corporate bond overhaul

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
The House of Representatives Standing Committee on Tax and Revenue has released a report aimed at overhauling Australia's corporate bond market. The report makes 12 recommendations to support the development of a more active corporate bond market in ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... operating on a global scale - forced to disclose exact values of directly held assets. The Investment Funds Legislation Amendment Bill 2021 amends the Freedom of Information Act to provide a partial exemption for documents handled by the Future Fund ...

APRA to mandate independent certifications

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
Prudential regulator APRA plans to go ahead with mandating independent certifications within group insurance as recommended by the financial services Royal Commission. In a letter to registrable superannuation entity licensees, APRA clarified its position ...

DDO nil-reporting rule scrapped

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
... change will make it a little more manageable," he said. The Financial Planning Association of Australia also welcomed the amendment. Head of policy, strategy and innovation Ben Marshan said given this would have been the vast majority of reporting required ...

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
... coronavirus pandemic. The Senate Economics Legislation Committee's Inquiry into the Coronavirus Economic Response Package Amendment (Ending JobKeeper Profiteering) Bill 2021 on September 10 revealed that the ATO overpaid $470 million. It has recovered ...

Auditor referral threshold test troubling: SMSFA

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
The SMSF Association is concerned that the introduction of a 20% threshold for auditor referral fees does not address at what point in time the threshold test must be considered or applied. The Accounting Professional & Ethical Standards Board introduced ...