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Showing 221 - 230 of 326 results for "SIS"

Highest paid execs in super revealed

JAMES FERNYHOUGH  |  THURSDAY, 6 NOV 2014
... document. In some cases, finding the information was very difficult. Under 29QB(1) of the Superannuation Industry (Supervision) (SIS) Act, it is stipulated that super funds must publicly disclose the remuneration of 'each executive officer' on its website ...

BetaShares' UMAX receives recommended rating

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
BetaShares' recently launched S&P 500 Yield Maximiser Fund (UMAX) has been awarded a 'Recommended' rating from Lonsec. The fund provides investors with exposure to the stocks comprising the benchmark US Index, the S&P 500 Index, while providing regular ...

Manage super on the go with new Wealthtrac app

MARK SMITH  |  TUESDAY, 28 OCT 2014
Platform and wrap provider Wealthtrac has launched a new app for its wrap product that allows members to monitor their super on their mobile device. Wealthtrac chief executive Matt Johnson said the app recognised the shift occurring in the delivery ...

Govt moves to repeal super payslip disclosure rules

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
... period. A further complication is that, while the law in question - which is part of the Superannuation Industry (Supervision) (SIS) Act - was passed in 2010, no regulations were written to enforce it. This means the repeal of the law will not make any ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
... term, APRA will publish data on MySuper fees, costs and net returns for the purposes of the requirement in section 348A of the SIS Act. "APRA will also publish, under section 57 of the APRA Act, additional MySuper product and institution-level data where ...

Submissions open for SuperStream pass through amendments

JAMES FERNYHOUGH  |  MONDAY, 4 AUG 2014
The Federal Government has released an exposure draft proposing to amend the Superannuation Industry (Supervision) (SIS) Act to require default superannuation funds to process all default contributions. The amendments would mean that employers would ...

Brogden rejects cross-selling enticement fears

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
... superannuation products. But FSC chief executive John Brogden said offering incentives in this context was expressly forbidden by the SIS Act. "The Superannuation Industry Supervision Act has broad-based provisions which prohibit superannuation funds ...

Packer launches $200 million philanthropic fund

MARK SMITH  |  WEDNESDAY, 23 JUL 2014
Gaming billionaire James Packer has launched a $200 million philanthropic fund to support the arts and Indigenous education for the next 10 years. The Foundation will be funded jointly by the Packer Family Foundation and the Crown Resorts Foundation ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... from being developed. The second section deals specifically with DLAs, focusing on issues such as their disallowance in the SIS Act and resulting unattractive tax status. It also suggests ways they can be regulated to ensure they serve their intended ...

Market wrap

AAP  |  MONDAY, 16 JUN 2014
SYDNEY - The Australian market looks set to open flat after escalating violence in Iraq spooked investors and falling iron ore prices continued to pressure mining stocks at the end of last week. At 0822 AEST on Monday, the June share price index futures ...