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Showing 281 - 290 of 1944 results for "Proposal"

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
Assistant treasurer and minister for financial services Stephen Jones said that without a sustainable finance taxonomy, regulators will only be able to catch the "most egregious" examples of greenwashing in Australia. Speaking at the Australian Council ...

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
Quality of Advice Review chair Michelle Levy says the government is stalling the implementation of the recommendations set out in her final report. The 267-page report, initially released to government in December, included 13 primary recommendations ...

Ad hoc changes to super scare self-funded retirees: ASA

CHLOE WALKER  |  MONDAY, 24 APR 2023
... immediate capture of any fund with a total balance over $3 million; no indexation; and the lack of transition period. "The proposal and the way of introducing it appears to be assigned to drive funds out of the superannuation regime, without the backlash ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... wage increases. Abood is also concerned about another layer of complexity that will come with the proposed changes. "The proposal will introduce a new separate set of laws to the system with a new complex formula for calculating an individual's earnings ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... indefinitely without relevant qualifications. "We have had a lot of engagement from members on the experience pathway proposal. We will be consulting with members intensively again on these detailed proposals in the coming weeks, to finalise our submission," ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... Michelle [Levy] made is there are other things that will help clear the way for digital advice adoption," he said. "Her proposal to amend the SIS Act, in particular, is a recommendation that makes it clear that super funds can spend money on providing ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
The government has opened consultation on its proposal to increase the concessional tax rate for superannuation balances over $3 million. Under the proposal, individuals with super balances over $3 million would see their tax rates on earnings double ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
The Institute of Financial Professionals Australia (IFPA) has bucked the trend, rejecting the proposal to legislate an objective of superannuation. The IFPA said it supports consistency in future policy making around superannuation, which should be ...

ASIC revisits IDPS sunsetting orders

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
ASIC is seeking feedback from the investment management sector as it reviews investor directed portfolio services (IDPS) and IDPS-like schemes, with a focus on remaking sunsetting class orders. ASIC has released Consultation Paper 369 (CP369) Remaking ...

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... Retirement Trust (ART) to adopt a four-day work week. FSU national secretary Julia Angrisano said the union has outlined a proposal for the company to offer employees a shorter working week. "There is a global trend toward acceptance of a shorter working ...