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Showing 221 - 230 of 321 results for "SIS"

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 ...

CommInsure launches tailored SMSF insurance product

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
... its Total Care Plan Super product, updated to meet the new requirements in the Superannuation Industry (Supervision) Act (SIS Act), which come in to force on 1 July this year. One of its central features is 'Split TPD', whereby policyholders will have ...

New laws target promoters of early release schemes

JAMES FERNYHOUGH  |  FRIDAY, 7 MAR 2014
... age, often involving the improper use of self-managed super funds (SMSFs). While the Superannuation Industry (Supervision) (SIS) Act already stipulates when early release of funds is and is not legal, previously there was no law holding promoters of ...

AMP Flexible Super adds new insurance and investment options

MARK SMITH  |  THURSDAY, 6 MAR 2014
... liquidity requirements," AMP said. Super Protection will be compliant with the incoming Superannuation Industry Supervision (SIS) reforms which take effect 1 July 2014.

Compensation opposed for SMSFs: SPAA

HARRY PAGE  |  FRIDAY, 7 FEB 2014
... according to Slattery. "Although SMSFs don't have access to compensation under the Superannuation Industry (Supervision) Act 1993 (SIS) Act that is available, at the Minister's discretion and only where it is in the public's best interest to approve ...

Combet joins IFM Investors board

JAMES FERNYHOUGH  |  THURSDAY, 21 NOV 2013
Former Labor minister for climate change Greg Combet will take up a position on the board of industry fund-owned investment manager IFM Investors. The appointment comes a month after it was announced that Combet would be taking up a year-long advisory ...