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Showing 2621 - 2630 of 3920 results for "law"

Murray inquiry initial submissions due today

LAURA MILLAN  |  MONDAY, 31 MAR 2014
... Commission to recommend policy options and to create an open data regime to allow access to government data and modelling. Law firm Minter Ellison told journalists last week that it would be focusing its submission on the need for a review of the funds ...

Murray inquiry should simplify investment tax structures

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
... on simplifying Australia's tax structure to encourage foreign investment, Minter Ellison partner Richard Batten said. The law firm will send a submission to the Murray inquiry that will stress the need to "ask fundamental questions in our approach to ...

FoFA regulations paused, but legislation will go ahead

JAMES FERNYHOUGH  |  TUESDAY, 25 MAR 2014
... simultaneously to push through the amendments via regulation. Had he pursued this course, the amendments would have become law immediately, in time for 1 July when certain exemptions to FoFA would have ended. The legislation would then in theory pass ...

Labor hopes to disallow FoFA amendments

JAMES FERNYHOUGH  |  THURSDAY, 20 MAR 2014
... The government is lodging its amendments as regulation with the Attorney-General's Department, which means they will become law immediately. However, they must be tabled as a 'disallowable instrument' within six days, after which a motion of disallowance ...

FoFA changes to be tabled today

JAMES FERNYHOUGH  |  WEDNESDAY, 19 MAR 2014
... "Once the regulations are tabled, there's 15 sitting days for any objections." That means the regulations will not become law until May at the earliest. Despite the controversy of the amendments, De Gori said it was rare for regulations to be rejecte ...

FoFA changes no threat to best interest duty: lawyer

JAMES FERNYHOUGH  |  WEDNESDAY, 19 MAR 2014
The Financial Services Council (FSC) has obtained legal advice arguing that the proposed amendments to the Future of Financial Advice (FoFA) reforms will not compromise the best interests duties of advisers to their clients. The advice, provided by ...

Advisers have to act in client's best interests: PM

ALEX DUNNIN  |  TUESDAY, 18 MAR 2014
... SPAA patron and former High Court judge Sir Anthony Mason who explained at SPAA's recent annual conference that under Common Law financial advisers were required to always act in their client's best interests. Mason said, "If it should come about that ...

Russell after-tax director resurfaces at Parametric

ALICE URIBE  |  TUESDAY, 18 MAR 2014
Eaton Vance affiliate, portfolio management solutions business Parametric has appointed a former Russell Investments (Russell) director to role of director of research and after-tax solutions for Australia. Raewyn Williams has spent the last four years ...

"Free set up" SMSF administrator pays infringement notice over bogus claims

ALICE URIBE  |  TUESDAY, 18 MAR 2014
Self- managed superannuation fund (SMSF) administration company SuperHelp Australia (SuperHelp) has paid a $10,200 infringement notice penalty after making potentially misleading statements about the cost of setting up an SMSF. ASIC's concerns related ...

Parliament passes more nuanced SMSF penalties

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
... flexibility in administering the SMSF sector.A Before now the ATO only had the limited options when a SMSF contravened the law of making the SMSF a non-complying fund, disqualifying the trustee, applying to court for a civil penalty or requiring the ...