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Showing 221 - 230 of 312 results for "Tranche"

Government publishes core elements of MySuper draft

MATT WOODINGTON  |  FRIDAY, 30 SEP 2011
The Government has provided a two-week window for submissions on draft legislation on the core elements of MySuper as it presses ahead with plans to introduce the default super product from July 2013. Having outlined the structure of Stronger Super ...

Some hope

BENJAMIN ONG  |  FRIDAY, 30 SEP 2011
... have saved quite a handsome amount. But all will be revealed on 13 October - D-day as to whether Greece will get its next tranche -- worth a,-440 billion - of rescue money. And you thought all's done and dusted, 'ey? No siree, not yet. Expect continued ...

Government confirms ban on commissions

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
The Government's release of the second tranche of its Future of Financial Advice Reforms has provided few surprises, reinforcing plans to ban conflicted remunerations and soft dollar arrangements. Given the level of fanfare that has surrounded the entire ...

Second tranche of FOFA well received: industry

ELISE BURGESS  |  THURSDAY, 29 SEP 2011
The second tranche of FOFA reforms has earned a warm, albeit subdued, welcome from the industry with little or no reaction from large dealer groups but solid support from industry associations. In response to the Future of Financial Advice (FOFA) reforms ...

Zurich drops PMAR to speed up cover

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
... the launch of an income replacement offer for graduates. The changes take effect from September 29. This is the second tranche of product upgrades by Zurich this year following the July launch of fully formed insurance offerings for greater client retention ...

Boost for corporate sector as Stronger Super details emerge

MATT WOODINGTON  |  WEDNESDAY, 21 SEP 2011
The Government has released the final details of its Stronger Super reforms policy, which could reduce the fees paid by super fund members by up to 40% with the vast majority of balances being commission free by 2017. From October 1 2013, employers ...

Uncertainty and consolidation just the beginning: AFA

ELISE BURGESS  |  MONDAY, 12 SEP 2011
... advisers have been put at a disadvantage due to the two-tier release of the FOFA reforms. "The Government delivered its first tranche of draft legislation late but has shown no signs of moving implementation beyond 1/7/2012. If advisers are expected ...

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... banning of commissions, new powers for ASIC and a consultation paper on the term 'financial planner' outlined in the first tranche of draft legislation of the Future of Financial Advice today. Assistant Treasurer and Minister for Financial Services and ...

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
... qualifications and an ethical framework." Assistant Treasurer Bill Shorten made the announcement as part of the first tranche of draft legislation on the future of financial advice reforms released today. While maintaining its opposition to opt-in, Rantall ...

Market Wrap - Morning

AAP  |  MONDAY, 27 JUN 2011
... developments with doubts on the Italian banking sector helping push down the euro. European leaders approved the latest tranche in the year-old rescue fund - contingent on Greece passing crash budget measures - as negotiations on a new rescue package ...