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Showing 2311 - 2320 of 4777 results for "July 11"

Productivity Commission proposes default super overhaul

EMMA RAPAPORT  |  WEDNESDAY, 29 MAR 2017
The Productivity Commission has released its anticipated draft report on alternative default models in superannuation, looking at ways to introduce more competition in a system where members do not exercise fund choice. The commission has developed ...

Deadline looming for adviser tax registration

KARREN VERGARA  |  WEDNESDAY, 29 MAR 2017
Advisers are urged to register with the Tax Practitioners Board (TPB) or else risk operating illegally, warns a member. TPB director and financial planner Julie Berry told industry colleagues at a recent conference that if they have not yet registered ...

BTFG chief investment officer exits

KARREN VERGARA  |  MONDAY, 27 MAR 2017
BT Financial Group confirmed its chief investment officer left the company "effective immediately." Martyn Wild has been disciplined for breaching codes of conduct arising from a number of recent allegations, parent company Westpac Group said in a statement. ...

CBA CFO to retire, successor named

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2017
Commonwealth Bank group chief financial officer David Craig will step down from the role at the close of the financial year, with the bank naming his successor. In announcing Craig's retirement, CBA chief executive Ian Narev described him as a linchpin ...

Former adviser cops ASIC reprimand

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2017
A former Macquarie Equities Limited adviser agreed to not provide financial services for four years as part of an enforceable undertaking by ASIC. The regulator determined that Anthony Wilson had failed to comply with financial services laws between ...

Price-pressured

BENJAMIN ONG  |  WEDNESDAY, 22 MAR 2017
The latest inflation stats out of the UK gave additional credence to BOE monetary policy committee member Kristin Forbes' dissent - she "considered it appropriate to increase Bank Rate by 25 basis points" -- at the March meeting. Along with the low ...

Future retirement products aided by tax exclusions

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2017
The Federal Government's latest development of regulation for new retirement income streams is now open for public consultation. Adding to the existing draft legislation, the government has proposed that superannuation funds and insurance companies ...

ANZ inks deal with IT platform

ALEX BURKE  |  MONDAY, 20 MAR 2017
ANZ entered into an agreement with an ASX-listed provider of knowledge management software. Knosys develops enterprise-grade knowledge management software which facilitates information sharing across disparate business units. The initial $34,000 order ...

ATO payroll system tracking unpaid super

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
The Australian Taxation Office is tackling the growing $3.6 billion unpaid super problem with its Single Touch Payroll (STP) system that closely monitors employers' inability to pay superannuation entitlements, with the first phase due to roll out on ...

Liftoff imminent at Spaceship

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
The countdown is on at fledgling start-up and technology-focused superannuation product-provider Spaceship, as chief executive Paul Bennetts attempts to convert his waitlist of 22,000 into a $1 billion fund. Touring around multiple start-up hubs this ...