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Showing 3191 - 3200 of 3921 results for "law"

Govt extends drawdown relief for account-based pensions

MICHELLE BALTAZAR  |  THURSDAY, 1 JUL 2010
The government has extended the drawdown relief currently provided for account-based superannuation pensions to the 2010-11 year. Under existing laws, self-funded retirees are required a set minimum payment from their superannuation account-based pension ...

Govt provides flexibility on fee for service

MICHAEL HOBBS  |  TUESDAY, 29 JUN 2010
... Advice reforms. Speaking in parliament last week, Chris Bowen, minister for financial services, superannuation and corporate law, said while there will be a ban on conflicted payments, the government is not interested in prescribing how advisers charge ...

NY fund sues BP over oil spill losses

RUTH LIEW  |  TUESDAY, 29 JUN 2010
... disaster. In a press statement, New York state comptroller Thomas P. DiNapoli, the trustee of the NY fund, said he was hiring law firm Cohen Milstein Sellers & Toll to represent the fund in a class action against BP. DiNapoli is accusing the fund of ...

Jana and Frontier add to ranks

MEDIA RELEASES  |  TUESDAY, 29 JUN 2010
... worked as a global equities analyst. Meanwhile, Daniel Hunt joins the firm from McInnes Wilson Lawyers where he worked as a law clerk. Sofer has started his role and Hunt begins at Frontier in July. "Michael and Daniel will join Frontier's consulting ...

No complaints for HK regulator

MICHAEL HOBBS  |  TUESDAY, 29 JUN 2010
... efficiency and quality of staff. Only those that have dealt with SFC in their normal course of business were surveyed, including law firms, licensed corporations and accounting practices. Martin Wheatley, chief executive at SFC, said the survey is meant ...

End to unfair mortgage exit fees

ASIC AND CHOICE RELEASES  |  MONDAY, 28 JUN 2010
ASIC has released a consultation paper on new laws regulating mortgage early exit fees, which are unconscionable or unfair. The new paper, titled Mortgage early exit fees: Unconscionable fees and unfair contract terms (CP 135), contains proposals that ...

Short form PDS gets green light

RUTH LIEW  |  FRIDAY, 25 JUN 2010
Super fund members can look forward to an eight-page product disclosure statement (PDS) rather than 80, as new laws announced this week kick in. The new regulations are an important step forward to a new era in disclosure for fund members, said super ...

Basis Capital lesson far from over

RUTH LIEW  |  THURSDAY, 24 JUN 2010
The collapse of Basis Capital was a tragic example of what happens when a high risk investment goes wrong, but its also a reminder of the importance of a well-diversified portfolio, said a planner who had clients invested in Basis products. Matthew ...

World-class Aussie funds reach Europe through UCITS

MICHELLE BALTAZAR  |  TUESDAY, 22 JUN 2010
European Union laws that come into effect next year will allow Australian fund managers to invest funds for overseas investors with less admin headaches. It's the new world breaking into the old world. Australian fund managers, many of whom could trace ...

Haddock appointed chairman of ACSRF

COMPANY RELEASE  |  FRIDAY, 18 JUN 2010
... the Australian Institute of Company Directors, Fellow of the Australian Institute of Management, Member of the Commercial Law Association, and Member of the Law Society of NSW.