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Showing 2591 - 2600 of 3323 results for "Trustees"

Tax rules set for TPD insurance deductibility

ALISON BEVEGE  |  THURSDAY, 4 AUG 2011
... totally and permanently disabled. David Busoli, national head of education for Cavendish Superannuation said while SMSF trustees would prefer the premiums for "own" TPD insurance to be 100% deductible, the new legislation would make tax deductions easier ...

Former AIST chief takes on age discrimination

RACHEL DAVIS  |  WEDNESDAY, 3 AUG 2011
Former president of the Australian Institute of Superannuation Trustees (AIST), Susan Ryan has been appointed as the new age discrimination commissioner. The role will be allocated $4 million over four years through the Australian Human Rights Commission. ...

Intrafund advice a sticking point for Stronger Super group

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
... but said ASFA's position was that basic advice should be provided by all funds. "Intra-fund advice is a service that trustees should be able to provide and it should be up to the trustee to determine how much the service should be paid for," she said. ...

SMSFs stockpiling cash, weighted to banks

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
... funds have been stockpiling cash in the three months to June reflecting a cautious attitude to the stockmarket among trustees, a new survey has said. Cash holdings for the 1600 SMSFs administered by self-managed super administration provider Multiport ...

Super funds to provide standard risk measure

MATT WOODINGTON  |  MONDAY, 1 AUG 2011
... imperfect but it's much better than what we had before and a very good first step that should help conversations between trustees, fund managers and advisers and drive comparability," said Graus. ASFA and the FSC will review the procedure, which they ...

Government takes no sides in industry-retail super split

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
... to higher fees, according to the source. Fiona Reynolds, chief executive of the Australian Institute of Superannuation Trustees, said it was not true that super funds would be forced to charge a flat fee for all their products under the proposed system. ...

Planners unprepared for second stage clients

ELISE BURGESS  |  MONDAY, 1 AUG 2011
Equity Trustees is preparing to acquire two niche aged care planning practices to target a new emerging class of clients, something it said the planning industry is not ready for. Equity Trustees (EQT) is in negotiations with planning practice, Paragon ...

ASIC looks to reshape retail advice

ELISE BURGESS  |  FRIDAY, 29 JUL 2011
... clients. The updated guidance will apply to all Australian Financial Service licensees including accountants, superannuation trustees and financial planners. ASIC said it found one-third of Australians now prefer scalable advice and as such the regulator ...

Super Choice did not change super habits

ALISON BEVEGE  |  WEDNESDAY, 27 JUL 2011
... greater access to the default-fund advantage. Fiona Reynolds, chief executive of the Australian Institute of Superannuation Trustees, said the current system served people well. "This shows we need to be building the system around thoe who are not making ...

Improved governance called for all round

ALISON BEVEGE  |  WEDNESDAY, 27 JUL 2011
... Super which has averaged a return of 7% per annum for the past 10 years. Damian Hill, chief executive of REST, said all trustees are regulated by APRA and as such need to meet fit and proper requirements including having sufficient skills. "The directors ...