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Showing 11 - 20 of 29 results for "Corporate Collective Investment Vehicle"

ASIC opens CCIV licensing consultation

KARREN VERGARA  |  FRIDAY, 18 MAR 2022
... requirements also come into effect on July 1 when the broader CCIV regime commences. The Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 passed parliament on February 10. The legislation enables the setup of CCIVs as a ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
In a long-awaited move, the government has scrapped the $450 superannuation guarantee threshold, making about 300,000 people eligible for super contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
Two long-awaited reforms, the Retirement Income Covenant and Corporate Collective Investment Vehicle regime, passed parliament yesterday. Superannuation funds will have to provide a retirement income strategy for members to assist them in their later ...

Consultation opens for CCIV draft bill

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
The long-awaited Corporate Collective Investment Vehicle regime draft regulation has been released, with consultation to be held until 21 January 2022. Rules for financial reporting, record-keeping, and custody of CCIV assets are some of the measures ...

CCIV legislation introduced

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
The Corporate Collective Investment Vehicle (CCIV) regime is back on the agenda, with the government introducing legislation to attract more foreign investment yesterday. Under the regime fund managers will be able to use a corporate structure with ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... Covenant's introduction to parliament yesterday has been welcomed by major industry bodies. The Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 currently sits before the house, containing the long-awaited covenant that ...

Plan to increase competitiveness of managed funds

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
The federal government is rolling out its plan to increase the international competitiveness of Australia's managed funds sector. Treasury will begin consultation on finalising its Corporate Collective Investment Vehicles (CCIVs) regime. According to ...

Sydney multi-boutique hires from Perpetual

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
Channel Capital has hired from Perpetual to add in-house legal capability. Greg Wong has joined Channel as its general counsel. He will have oversight of legal and regulatory matters across the Channel group, supporting the strategic direction of the ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... months, the FSC said. It also recommended the government prioritise the introduction of the Corporate Collective Investment Vehicle - which would accelerate growth in the funds management industry and promote Australia as a financial centre. The FSC ...

CCIV consultation opens

KARREN VERGARA  |  THURSDAY, 17 JAN 2019
The next phase of implementing the Corporate Collective Investment Vehicle regime is open for consolation. Stakeholders have until 28 February 2019 to make submissions on two proposed bills - the tax and regulatory component, and related explanatory ...