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Showing 2661 - 2670 of 3920 results for "law"

Men continue to dominate super fund boards

JAMES FERNYHOUGH  |  WEDNESDAY, 15 JAN 2014
... structure (half employer-nominated, half union-nominated, with the option of one independent director) even though they do not by law need to. Non-public offer fund boards must currently have equal representation, with the option of one independent director. ...

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
Assistant Treasurer Arthur Sinodinos has made public the reforms to the Future of Financial Advice (FoFA) legislation, which include the removal of the opt-in requirement and the streamlining of fee disclosure statements. The amendments are in line ...

Government scraps Labor's annuities reforms

JAMES FERNYHOUGH  |  MONDAY, 16 DEC 2013
... one that gives the Australian Taxation Office flexible and cost-effective penalty options to deal with SMSFs that breach the law. Scrapped measures include one that ensures that trust deed clauses cannot be used to prevent excess amounts from being counted ...

BGL partners with Australia Post on SuperStream

JAMES FERNYHOUGH  |  THURSDAY, 12 DEC 2013
Self-managed super fund (SMSF) administration software provider BGL Corporate Solutions has teamed up with Australia Post to provide SuperStream services to its clients. Under the partnership, Australia Post will provide BGL clients with SuperStream ...

Law must change on corporate actions automation: DST

JAMES FERNYHOUGH  |  FRIDAY, 6 DEC 2013
Outdated and unnecessary legislative standards are holding back the automation of corporate action activity, according to DST Global Solutions head of business development Rhys Octigan. While most areas of the financial services industry are swiftly ...

Pension uncertainty for municipal workers in Detroit

HARRY PAGE  |  FRIDAY, 6 DEC 2013
... municipal workers retirement benefits. Previously the $19,000 a year pension for municipal workers was protected under state law but according to US Federal bankruptcy judge, Steven Rhodes this is now uncertain. According to Morningstar data 25 of the ...

FPA expects TASA to require "massive" efforts

LAURA MILLAN  |  WEDNESDAY, 4 DEC 2013
... requirements through the TPB is expected to be the main challenge, mainly because the TPB considers knowledge of commercial law as a requirement. "There's going to be a massive matching process that's going to take a significant amount of time and an ...

Advisers should review aged care strategies ahead of reform

AAP  |  MONDAY, 25 NOV 2013
Financial advisers are encouraged to review their clients' aged care strategies ahead of the July 1, 2014 reforms to ensure that the approach taken maximises cash flow and capital preservation. "There are a number of strategies that need to be considered ...

Group insurance faces 'perfect storm'

JAMES FERNYHOUGH  |  THURSDAY, 21 NOV 2013
... Australia (ASFA) annual conference, Owen bemoaned the role lawyers have played in the rising number of claims. "There are some law firms in particular who really don't get it," he said. "They're taking a very adversarial position, they're coming in very ...

Bad estate planning advice is getting clients in trouble

LAURA MILLAN  |  TUESDAY, 19 NOV 2013
Accountants and financial planners could be causing problems for clients by giving them incorrect legal advice in estate planning. Acorn Lawyers director Lindsay Stoddart revealed that "50% of the deeds I see coming from accountants and financial planners ...