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Showing 2961 - 2970 of 3920 results for "law"

Breach in contrib caps should not be taken for revenue: CPA

MELANIE TIMBRELL  |  FRIDAY, 16 MAR 2012
... Michael Davison, superannuation policy adviser, CPA, warned against using a "sledgehammer for a walnut" by overcomplicating the law for a very small number who purposefully breach the cap for tax benefits. The CPA expressed concern that breaches in caps ...

AAT confirms ASIC planner ban

ELISE BURGESS  |  FRIDAY, 16 MAR 2012
The Administrative Appeals Tribunal has agreed with ASIC's decision to ban former Commonwealth Financial Planner Don Nguyen from providing financial services for seven years. Nguyen of Dulwich Hill, New South Wales, was disqualified by the Australian ...

Unions, AIST hit back at Abbott comments

ELISE BURGESS  |  THURSDAY, 15 MAR 2012
... said, who wants to dispel myths that industry super funds are under the control of unions. "This is just plain wrong as, by law, industry funds must have equal numbers of employer and employee directors on their boards. And by law, they must act solely ...

Second exposure draft on IMR laws released

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
A revised draft of the Investment Manager Regime legislation has been released, following stakeholder feedback on the initial proposals designed to alleviate perceived tax disincentives on foreign managed funds investing in Australia. The Government ...

ATO warns SMSFs on property transfers

ALEX DUNNIN  |  TUESDAY, 6 MAR 2012
The Australian Taxation Office has warned self managed super fund trustees about inappropriate property transfers into super funds, signalling a crackdown into the practice. "The only real estate you can transfer into your SMSF is business real property. ...

Tax and Super bill doesn't go far enough: SPAA

CLAIRE MCGREAL  |  MONDAY, 5 MAR 2012
The Self Managed Super Fund Professionals Association of Australia claims the government's excess contribution tax threshold of $10,000 is not high enough. The Tax and Superannuation Laws Amendment bill was introduced into parliament last week, which ...

ASIC bans Victorian adviser

CLAIRE MCGREAL  |  FRIDAY, 2 MAR 2012
A former Victorian company director and adviser has been permanently banned from the industry after he withdrew more than $200,000 from client accounts over four months. ASIC found Nenad Petrovic, now living in Brisbane, acted dishonestly and contrary ...

New super bill enters parliament

ELISE BURGESS  |  FRIDAY, 2 MAR 2012
The Gillard Government has introduced the Tax and Superannuation Laws Amendment bill into parliament, which it said would create more flexibility and support for super contributions. The bill (2012 Measures No.1) details a number of proposed changes ...

ASIC wants more pay disclosure

MELANIE TIMBRELL  |  THURSDAY, 1 MAR 2012
... them in the company's circumstances." On February 21 the Parliamentary Secretary to the Treasurer, David Bradbury announced law reform proposals requiring additional disclosure of remuneration arrangements in annual reports which, if passed will supplement ...

Zurich names new board appointments

ELISE BURGESS  |  MONDAY, 27 FEB 2012
... Australian Unity Limited Group, Mercer Investment Nominees Limited and Booking.com. She has a 35 year career background in law and management focusing on financial services and professional services industries. Bedbrook and Crestani will join the boards ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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