Search Results | Showing 11 - 20 of 55 results for %22SIS Superannuation Industry Supervision Act%22 |
| | ... come into effect from January 2022. Until then it is only breaches under the Superannuation Industry (Supervision) Act, or SIS Act, that cannot be paid for using member money. The ban was originally slated to commence at the beginning of this year. In ... |
| | | ... trustees have failed in their obligations to members and potentially breached the Superannuation Industry (Supervision) Act 1993 (SIS Act). Thirty-seven products assessed are performing at or above the heatmap investment benchmarks over six years; 27 ... |
| | | ... pointing to the auditors' relevant non-SMSF experience and personal circumstances to justify the move. Since July 2013, the SIS Act has required all SMSF auditors to be registered with ASIC to ensure they meet base standards of competency and expertise. ... |
| | | ... exam. ASIC praised the Australian Taxation Office for its assistance under the Superannuation Industry (Supervision) Act (SIS Act). "ASIC and the ATO work closely together as co-regulators of SMSF auditors," ASIC said. "The ATO monitors SMSF auditor ... |
| | | ... interpretation would limit scrutiny on the performance of choice products," APRA said. "APRA's view is that absent the final SIS Regulations defining a comparable choice product, it is not possible for an RSE licensee to undertake the required comparison ... |
| | | ... individuals the regulator sought to have disqualified, including former managing director Chris Kelaher, did not contravene the SIS Act. APRA commenced the action in December 2018, seeking to impose licence conditions on IOOF and disqualify Kelaher ... |
| | | ... individuals the regulator sought to have disqualified, including former managing director Chris Kelaher, did not contravene the SIS Act. The Federal Court also awarded costs in IOOF's favour. Australian Executor Trustees was also subject to the legal ... |
| | | ... Superannuation Industry (Supervision) Act, describing him as someone who "demonstrated a failure to understand the covenants under the SIS Act and obligations of a trustee under trust law." Commenting on the departure of Kelaher, Griffiths said: "The ... |
| | | ... mergers. The Parliament is currently waiting to pass a number of changes to the Superannuation Industry (Supervision) Act (SIS Act), including giving APRA a power to issue directions to RSE licensees. "It may be that, in particular circumstances, addressing ... |
| | | ... Federal Court action in June 2017, appealing for its sub-funds not to be considered in-house assets or related trusts under the SIS (Superannuation Industry Supervision) Act. The exemption would mean SMSF investors with the ASX-listed fractional investment ... |
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