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Showing 3031 - 3040 of 3921 results for "law"

US housing market needs renovation

ALEX DUNNIN  |  MONDAY, 29 AUG 2011
Until the US housing market starts to right itself it's unlikely US consumers are going to gain too much confidence and without confidence the chance of economic recovery will remain a forlorn dream. House prices are still down 32% from their 2006 peak ...

20pc not too high for super contributions

RACHEL DAVIS  |  FRIDAY, 26 AUG 2011
Super contributions should be un-capped and be allowed to rise as high as 20%, allowing people to provide for themselves, an international funds manager told a media briefing this week. Speaking in Sydney, BNY Mellon Asset Management Asia Pacific chief ...

Super funds need modern platforms to disclose holdings

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... March a global Morningstar investigation of managed funds found Australia ranked among the worlds worst for disclosure as the law does not force them to publish portfolio holdings - considered a very basic disclosure requirement by international standards. ...

Help for advisers with super death tax impact on SMSFs

ALISON BEVEGE  |  WEDNESDAY, 17 AUG 2011
... participate in a webinar tomorrow on how to minimise the impact of the new "super death tax" draft ruling with anti-detriment law. Draft ruling TR 2011/D3, if enacted, will apply retrospectively from July 1, 2007 and will tax assets that produce pension ...

Investment cloud clears with Govt draft proposal

ELISE BURGESS  |  WEDNESDAY, 17 AUG 2011
... foreign invested managed funds, these proposals have been designed to retain and build on that amount as the proposed income tax law would clarify how certain income of foreign funds, for 2010-11 and prior income years, are taxed. The draft would also ...

SMSFs exposed in related party transactions

ALISON BEVEGE  |  TUESDAY, 16 AUG 2011
Self-managed super funds can buy property from related parties but they are better off paying market rates and behaving as if at arm's length, a superannuation legal expert has said. Maria Siu, special counsel on Superannuation for Townsends Business ...

SMSFs can use tax rule to save thousands conference told

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
A proposed law that would impose taxes on super fund assets following the death of the member could save beneficiaries money if they made full use of anti-detriment tax rules, an industry conference heard yesterday. Anti-detriment deductions can in ...

Super tribunal needs members to solve disputes

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
... member. As a result the part-time member has to have knowledge and experience in areas such as superannuation, administrative law, consumer law and actuarial services. Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 AUG 2011
The Australian stock market is expected to follow Wall Street into another day of steep declines, after New York indices all plunged by around six per cent overnight. At 0721 AEST on the ASX 24, the September share price index futures contract was 153 ...

Govt provides reverse mortgage guarantees

ELISE BURGESS  |  MONDAY, 8 AUG 2011
... seniors who take out reverse mortgages. Reverse mortgages are different from other credit products and it is important the law takes into account their unique characteristics," said Shorten. Additionally, better disclosure of the financial consequences ...