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Showing 201 - 210 of 321 results for "SIS"

APRA releases report on Trio investigation

KERRIE SYDEE  |  MONDAY, 11 APR 2016
... investments." The report also revealed that Trio's directors were identified as failing their duties and functions under the SIS Act, and not acting in the best interest of members. The report noted that the outcomes of the Trio investigation can provide ...

Trio Capital compensation complete

KERRIE SYDEE  |  FRIDAY, 1 APR 2016
... (SMSF) trustees, were not covered by the compensation framework under the Superannuation Industry (Supervision) Act 1993 (SIS Act). The government has already provided $71.7 million on compensation to eligible investors. Commenting on the decision, Minister ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 23 MAR 2016
Australia residential property price index Residential property prices in Australia's eight capital cities (weighted average) increased by 0.2% in the December quarter. Though still higher than market expectations for 0% growth, the fourth quarter growth ...

NAS appoints data partner

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
National Australia Bank Asset Servicing (NAS) has appointed Thomson Reuters as its preferred data partner to deliver market information, exchange-traded pricing and reference services. Through Thomson Reuters' DataScope Select and Eikon financial analysis ...

Third SMSF auditor banned

DARREN SNYDER  |  THURSDAY, 3 DEC 2015
... person has been disqualified, by searching ASIC's SMSF auditor register at connectonline.asic.gov.au. From 1 July 2013, the SIS Act required all auditors of SMSFs to be registered with ASIC. This was to ensure that all SMSF auditors at least meet the ...

Paris adds to the "why nots" for a December lift-off

BENJAMIN ONG  |  MONDAY, 16 NOV 2015
Media coverage and expert analyses of the brutal terrorist attacks in Paris on Friday the 13th continues to this day. We extend our deepest sympathies and prayers to all Parisians - their families, friends and loved ones - and other citizens of the ...

SMSFs welcome no dumping of LRBAs

DARREN SNYDER  |  SUNDAY, 8 NOV 2015
The Self-managed Independent Superannuation Funds Association (SISFA) said it will work with the federal government to ensure SMSFs can take advantage of future retirement income developments. Yesterday the government said it will support the Financial ...

Colonial First State appoints independent super director

DARREN SNYDER  |  MONDAY, 2 NOV 2015
Commonwealth Bank's wealth management division has announced a major hire that will see an independent director appointed in several superannuation board roles, most notably at Colonial First State Investments. Joining the boards of Colonial First State ...

ASIC warns super funds over transparency requirements

MARK SMITH  |  MONDAY, 7 SEP 2015
... short in their requirement to display certain information on their websites. The Superannuation (Industry) Supervision Act (SIS Act) and SIS regulations 2.37 and 2.38, introduced under Stronger Super reforms, require funds to display executive remuneration ...

APRA trustee reforms, definition of independence yet to be finalised

ALEX DUNNIN  |  TUESDAY, 1 SEP 2015
... abandoning the equal representation trustee model that has operated in Australia for decades. "The Bill proposes to amend the SIS Act to improve governance in superannuation by ensuring that there is an appropriate proportion of independent directors ...