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Showing 261 - 270 of 2019 results for "Legislation"

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... to continue working with clients beyond 2026. The Financial Advice Association Australia (FAAA) welcomed the draft legislation, which states an adviser with 10 years of cumulative experience providing advice between 1 January 2007 and 31 December 2021 ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... the benchmarks and extending the testing period. These are among the proposed changes to the Your Future, Your Super legislation Jones floated yesterday under Superannuation Industry (Supervision) Amendment (Your Future, Your Super- Addressing Underperformance ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... environment, and it's not a good time to be restructuring assets," Bradford said. "Let's consider the human side of this legislation: farmers and small business owners, who have lawfully contributed to the superannuation system under laws that have allowed ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... a robust regulatory framework for cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). This legislation also seeks to bolster consumer protection, promote investment, and streamline the rapidly growing crypto industry in Australia. ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... consideration from future governments, such as a compulsory statement of compatibility around how any new superannuation legislation aligns with the new objective?" Broderick said. Broderick also warned of the risks associated with legislating the proposed ...

New laws to end unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
Targeting dodgy employers, the government is introducing new legislation to combat the underpayment of workers' superannuation. Treasurer Jim Chalmers announced that new legislation will be introduced to Parliament this week, focused on enshrining workers' ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
The potential super shake-up, which includes contentious provisions on pension payments and unrealised capital gains tax, has drawn criticism from a top AFSL. Under the existing Superannuation Industry Supervision (SIS) regulations, retirees must draw ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
The Australian government has released draft legislation aimed at promoting competition in the clearing and settlement services market. Under the proposed legislation, ASIC will have the authority to create regulations to encourage competition while ...

Don't wait for QAR: Press

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... that's the case and talk to your members about it." She said there is a lot that funds can do under today's legislation in the financial advice space. "I think everybody waiting for the QAR [legislation] to come out is probably not helpful," ...

Jones to prioritise CSLR legislation

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... Bills are not passed this month, consumers will be waiting until 2024 to receive compensation." Jones aims to put the legislation over the line when parliament reconvenes in about a fortnight. The CSLR aims to provide compensation to eligible consumers ...