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Showing 2281 - 2290 of 2423 results for "Rule"

Claws out on unlicensed super trustees

Around 300 to 400 super funds who don't have an APRA license are on ASIC's watch list to ensure those funds' trustees comply with superannuation disclosure rules. More than three weeks has elapsed since APRA's February 17 deadline for trustees to put ...

Super splitting could save $21,000 in tax: AMP

As it prepares to undertake a large scale super splitting education campaign for its planners, AMP claimed that taking full advantage of the new rules could save couples up to $21,000 in tax. On the back of an extensive adviser education program for ...

Super is not all about Eve

... average superannuation balance for men is $78,700 but women have just a little more than half that at $43,400. The general rule of thumb is that you need at least half a million in super to live a comfortable retirement.

ING adds non-commutable pension plan

In a bid to offer more retirement income flexibility, ING has rolled out plans to offer a non-commutable pension for people who choose to take advantage of the Government's transition to retirement (TTR) regulations. The TTR rules, which were announced ...

Talk to us and let's make FSR simpler: Chris Pearce

Parliamentary Secretary to the Treasurer, Chris Pearce, threw down the gauntlet today, asking ASIC to pass the industry's message back to the Government and promising to cut back the regulatory "red tape" in financial services. Speaking at an ASIC regulation ...

Retirees to keep working and leave nothing for the kids

... reason for retirees working into their retirement. According to Andrew de Vries, head of investments at Citibank, "The general rule of thumb for retirement income is two-thirds of final annual salary but what we're seeing is that for many people that ...

FSR changes usher era of less but better compliance

It took a long time but the proposed changes to the Financial Services Regulation (FSR), which promised to reduce the compliance burden on the industry while also being more consumer-friendly, were finally passed on as law this week. In a 10-page statement ...

Shareholder reforms save time and money: ASA

... statement released by Chris Pearce, the Parliamentary Secretary to the Treasurer, was the proposed removal of the '100 member rule'. This rule requires companies to hold expensive extraordinary general meetings (EGMs) at the request of only 100 shareholders. ...

Future Fund open to alternatives

Hedge funds and alternative investments will not be ruled out of the Future Fund according to Treasury officials, ending months of uncertainty that kept hedge and alternatives fund managers on tenterhooks. Kim Ivey, chairman of the industry's peak body ...

Full steam ahead for reverse mortgages

... equity' or 'non-recourse' guarantee. This means borrowers are not going to owe more than the value of their house. Another rule is that SEQUAL members should ask clients to get independent legal advice from their solicitor and independent financial advice ...