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Showing 311 - 320 of 752 results for "Relief"

ASIC to survey whistleblower policies

ELIZA BAVIN  |  THURSDAY, 14 NOV 2019
... play a crucial role in achieving a more fair and accountable corporate environment." In addition, ASIC said it is granting relief to public not-for-profit companies or charities with annual revenue less than one million dollars. "We will provide relief ...

Calls for clarity on personal advice in DDO

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... distribution obligations, the lobby group argues. The current draft legislation gives "associates" of such financial advisers some relief from the requirements by listing them as "excluded dealings". However, platform operators are not recognised as ...

ASIC grants compliance scheme relief

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
ASIC will grant AFS licensees with relief from the obligation to ensure their financial advisers are covered by a compliance scheme. As part of the government's decision late last week to accelerate the establishment of a single disciplinary body for ...

Milestone ETF Rule passed

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2019
... will also make it easier for issuers to launch new ETFs to market, removing the need to apply for individual exemptive relief. The SEC also voted to issue an exemptive order that further harmonises related relief for broker-dealers. "The actions announced ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... older members pay in fees, with insurance making up over half of the cost hit. The government's changes will be welcome relief for young retirement savers, Rainmaker executive director of research and compliance Alex Dunnin said. "Young people get a ...

Who foots the bill when super funds merge?

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... who meets it," she said. "Those costs need to be parked where the combined group of members can most benefit from the tax relief on the costs." Tasplan merged with RBF Tasmanian Accumulation Scheme and Quadrant Super in about four years ago. It was recently ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... around the stamp duty implication should be a key driver of which way the successor fund transfer goes." Capital gains tax relief On the upside, merging super funds don't have to worry too much about capital gains tax. "There is currently some rollover ...

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
... provide superannuation funds that have a significant cohort of members working in high-risk occupations with categories of relief from its implementation." The 60,000 member fund said it also opposed the bill's proposed timeline for implementation ...

ASIC to offer AFSL relief to overseas firms

HARRISON WORLEY  |  THURSDAY, 4 JUL 2019
... Licence. The corporate regulator released consultation paper 315, which outlines its proposal to provide funds management relief by ensuring foreign providers of funds management services to professional investors in Australia are exempt from the requirement ...

DomaCom launches senior equity release product

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
The ASX-listed investment platform has released a first of its kind senior equity release product for Australia, targeting financial advisers working with clients over 60. DomaCom's senior equity release product launched this week with an accreditation ...