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Showing 11 - 20 of 169 results for "Govt"

Govt change could spell more severe LIF bill: FPA

KERRIE SYDEE | THURSDAY, 21 APR 2016

A change in government could impact the severity of the recently lapsed Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016, according to Financial Planning Association of Australia (FPA) chief executive officer Dante De Gori. ...

Govt announces superannuation's objective

ALEX DUNNIN | WEDNESDAY, 9 MAR 2016

The government has released a discussion paper outlining the formal objective of Australia's superannuation system that it proposes to enshrine in legislation. The words the government is proposing are the same as those recommended by the Financial ...

UK govt tempts super funds with real estate projects

MARK SMITH | FRIDAY, 4 SEP 2015

The UK government has enlisted a former Lord Mayor of London and property expert to pitch flagship real estate projects to Australian superannuation funds. Sir Michael Bear served in one of the world's oldest surviving elected roles from 2010 to 2011. ...

Govt pulls Public Sector Super fee subsidy

Members of the Public Sector Superannuation accumulation plan (PSSap) will now have to pay superannuation fees after the government pulled funding for a subsidy. Some 83,000 members will have to pay the $6.50 per month admin fees previously paid by ...

Govt should support pensioner reverse mortgage access: CIS

ALEX DUNNIN | TUESDAY, 28 APR 2015

The family home should be brought into the pension income test by requiring home-owning pensioners to take out a reverse mortgage, says the Centre for Independent Studies (CIS) in a new report. While it's unlikely the government will take the advice ...

Experts urge govt to do more to boost infra investment

MARK SMITH | THURSDAY, 2 APR 2015

Governments should take advantage of low interest rates to finance productive infrastructure and 'de-risk' greenfield projects to make them more attractive to private investors. That was one of the conclusions at a recent roundtable discussion hosted ...

AIST lobbies govt to keep LISC payment disclosure

JAMES FERNYHOUGH | WEDNESDAY, 26 NOV 2014

The Australian Institute of Superannuation Trustees (AIST) is calling on the government to maintain separate disclosure of low income superannuation contribution (LISC) payments on superannuation statements. While the government has moved to abolish ...

Govt moves to repeal super payslip disclosure rules

JAMES FERNYHOUGH | THURSDAY, 16 OCT 2014

The government is moving to repeal a law requiring employers to disclose on employee payslips the amount of superannuation contributed and the date at which the contribution will be made. This move, however, will not remove super contributions from ...

Govt to amend fund merger tax laws

ALEX DUNNIN | WEDNESDAY, 24 SEP 2014

The Abbott government has announced that it will go ahead with amendments to the tax rules around fund mergers to ensure members caught up in such mergers are not inadvertently hit with tax penalties. The amendments were proposed by the previous Labor ...

Govt seeks discretion to freeze super guarantee

JAMES FERNYHOUGH | TUESDAY, 2 SEP 2014

The Treasurer may soon have discretionary power to further delay the rise of the superannuation guarantee to 12%, following the passage of legislation in the lower house yesterday. The legislation was part of a large suite of amendments labelled the ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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