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Showing 281 - 290 of 2020 results for "Legislation"

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... a -3.6% loss and the average red state pension fund showing a -6.2% loss. "If this effect is due the recent state legislation on US investments, the long-run costs could become significant," Rainmaker said. "This result does not address political tensions ...

The great super cover up is over: Bragg

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... fix up the mess that is superannuation annual member meeting notices. "They [the government] need to bring forward legislation or regulation requiring APRA to publish relevant expenditure by all superannuation funds, for political purposes and for profit ...

Government progresses social housing measures

KARREN VERGARA  |  FRIDAY, 10 FEB 2023
The Albanese government's package of social and affordable housing legislation was introduced in parliament overnight. Under the Housing Australia Future Fund Bill 2023, some $10 billion will be used to deliver 30,000 social and affordable homes. ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
New legislation to close the gender pay gap has been introduced, requiring employers to publish pay gap data for increased transparency. The Workplace Gender Equality Amendment (Closing the Gender Pay Gap) Bill 2023 requires employers with 100 or more ...

Mercer proposes superannuation tax overhaul

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... pre-retirement standard of living. However, the taxation of super in Australia is complex and inequitable, with current legislation serving to benefit those who need it least; high-income earners, he said.

All financial advice should be tax deductible: FPA

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
... provision, and insurance product distribution. "To remedy this, we believe the government should amend the proposed legislation to establish the scheme so that its design reflects a broader base that includes all participants in the financial services ...

Cold calling advice firms called out

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... cover financial advice services. AIST chief executive Eva Scheerlinck said she is concerned the existing anti-hawking legislation doesn't cover cold calling advisers who charge up to $6000 "to roll consumers from high performing, low fee profit-to-member ...

Government to close child sex abuser loophole in super

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
... them back if compensation has been awarded." Jones went on to say that it's the government's intention to get legislation into the parliament during the spring session.

Future Fund subsidiaries set to receive tax exemption

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... have no impact on receipts over the forward estimates period. The government is seeking comments on exposure draft legislation and explanatory material. Submission responses to this consultation opened yesterday and will close next Thursday.

ALRC should prioritise advice regulations: FPA

CASSANDRA BALDINI  |  THURSDAY, 8 DEC 2022
... aims to improve the navigation of the law and remove duplication under a new legal hierarchy of; principles-based legislation, scoping order consolidated exclusions, exemptions, and thematic rulebooks. FPA chief executive Sarah Abood said the proposal ...