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Showing 271 - 280 of 326 results for "SIS"

Cooper Review wants bigger role for APRA

ALEX DUNNIN  |  MONDAY, 5 JUL 2010
... have a major impact on trustee practices, especially as it is likely that if such a recommendation were to make it into the SIS Regulation that it would not be possible to distinguish between not-for-profit funds and retail funds. The first test to this ...

Govt extends drawdown relief for account-based pensions

MICHELLE BALTAZAR  |  THURSDAY, 1 JUL 2010
The government has extended the drawdown relief currently provided for account-based superannuation pensions to the 2010-11 year. Under existing laws, self-funded retirees are required a set minimum payment from their superannuation account-based pension ...

Maritime looks beyond life risk

RUTH LIEW  |  THURSDAY, 6 MAY 2010
... are always on the lookout for ways to help members in their day-to-day living. "Through Superannuation Insurance Services (SIS), members of Maritime Super will soon be able to access a host of discounted insurance products," noted the statement. The ...

Cooper wants collectables banned from SMSFs

MICHAEL HOBBS  |  THURSDAY, 29 APR 2010
... against the trustees or trustee directors." The report believes new administrative penalties framework should be based on the SIS Act. It could be modelled on the Taxation Administration Act 1953 penalty framework, which includes penalty units and assessment ...

Cooper Review unveils MySuper, officially

MICHELLE BALTAZAR  |  TUESDAY, 20 APR 2010
... by super funds unless the government passes the relevant legislation. For example, the Review calls for adjustments to the SIS Act, the overarching law for all things super, so that super funds can carry through the reforms. Contained in the report is ...

US instos get active on human rights

MICHAEL HOBBS  |  TUESDAY, 20 APR 2010
US-based pension funds and institutions are ramping up their proxy voting efforts across human rights issues with some positive results. The report, Proxy Voting on Labor Standards: A Case by Case Guide for PRI Signatories, found more than 40 shareholder ...

MySuper proposal ignites storm

ALEX DUNNIN AND RUTH LIEW  |  THURSDAY, 15 APR 2010
... new regulations but a fundamental redesign of the trustee law principle on which the Superannuation Industry Supervision (SIS) Act is built. Michael Vrisakis, partner at Freehills lawyers and long time superannuation legal expert said, "There's nothing ...

Commission on risk products should continue: FPA

COMPANY RELEASE  |  WEDNESDAY, 17 MAR 2010
... should apply to corporate superannuation. "It was agreed that, in accordance with the current legislative approach in the SIS Act, we would widen the definition of 'client' in our remuneration policy to include a formally constituted 'policy committee'," ...

Super funds back trustee pay disclosure

MICHELLE BALTAZAR  |  WEDNESDAY, 16 DEC 2009
... should require trustees to have certain academic qualifications or additional skills outside what's already required by the SIS Act. Liz Westover, head of superannuation at the Institute of Chartered Accountants, said the Institute is disappointed with ...

Perpetual appoints GM for Aust eq sales

COMPANY RELEASE  |  MONDAY, 12 OCT 2009
... Perpetual in 2006, most recently holding the position of general manager - sales superannuation and investment solutions (SIS). He previously held senior sales and product development roles at IOOF, Rothschild Australia Asset Management and Portfolio ...