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Showing 311 - 320 of 2734 results for "Fair"

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
The failure of the government to pass its proposed $3 million superannuation tax last week may well see the measure abandoned. The Division 296 tax could be shelved until after the next federal election, missing out on the opportunity to pass during ...

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... the legislation's focus on equity and sustainability. "The objective's focus on equity ensures that superannuation delivers fair outcomes for all Australians, including women and low-income earners, while sustainability guarantees the system can meet ...

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... in, say, the Vanguard Balanced fund... there's a moral case and a practical case, and the moral case is it's not fair," she said. It is impactable and unsustainable, she said, because compensation for Dixon Advisory victims has blown out to $154 ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... in running super funds and to characterise the experiences of the Maritime fund as reflecting on his competence is not a fair thing to do." "And if you look at the evaluations that we looked at, and I assume the evaluations that Deloitte went through ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... superannuation, but because it does so in a way that is poorly thought out, riddled with unintended consequences and ignores more fair and equitable ways of achieving the same outcome," Ali said. "Taxing unrealised gains in the legislative amendment ...

Adviser suspended over wrongful use of ROAs

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024
A Matrix Planning Solutions adviser is suspended from providing advice for the next three months after failing to supply Statements of Advice (SOAs) where required. Ian Reid, the principal adviser at Temora's A&B Financial Planning, was suspended for ...

ASIC narrows in on private market investments

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... said. "You can't have good member services without accountability, transparency and consistency in the way you meet the fair expectations of your members, your customers." Constant said ASIC would continue to ensure trustees "measure up" to their ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
The Australian Taxation Office (ATO) recovered over $900 million in unpaid super owed to 800,000 employees in the past year. Latest compliance data from the ATO shows $932 million in previously unpaid superannuation reached the retirement accounts of ...

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... package of documents is sent, or when all completed applications are received," she said. "Metrics like this do not reflect the fair expectations of your members or their families, and they don't help boards make good decisions either."

Intergenerational wealth picture 'bleak': Grattan

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
Grattan Institute chief executive Aruna Sathanapally said it is the job of all Australians to ensure the younger generations have a "sense of hope" about the future rather than the sense that they are being "systematically screwed over". Speaking at ...