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| | | ... said Martin Murden, director at Partners Superannuation Services. He said many people don't realise they are breaking the law when they try and borrow money from super and pay it back later. "This can happen with people buying a home before finalising ... |
| | | | ... involved in the decision, closes loopholes and that prohibits executive contracts from being amended before the Bill becoming law. Sherry said environmental issues need to be considered because "low carbon is not a sector of the economy, but will become ... |
| | | | ... MetLife and AXA Australia to name a few. Chris Pearce, shadow minister for financial services and superannuation and corporate law, officially opened the campaign. Separately, a spokesperson for the campaign confirmed Lifewise had been so popular they ... |
| | | | Shadow minister for financial services, superannuation and corporate law, Chris Pearce, has called for trauma insurance to be included in superannuation. Currently, life insurance policies such as death and total and permanent disability (TPD) are allowable ... |
| | | | ... capital losses for mergers of complying superannuation funds. Senator Nick Sherry, Minister for Superannuation and Corporate Law, last week announced that the optional capital gains tax (CGT) roll-over for capital losses for mergers of complying superannuation ... |
| | | | Financial services companies face higher directors and officers (D&O) insurance costs as the number of securities class actions rise, another unwanted outcome of the credit crisis where more shareholders sue failed companies. At a time when many financial ... |
| | | | ... the building has an average lease expiry of 7.6 years. Key tenants include the Reserve Bank, Optus, Jones Lang La Salle and law firm Minter Ellison. The fund will also benefit from the timing of the purchase as the centre was previously an AMP-owned ... |
| | | | ... categorised as credit service providers and required to hold an ACL. Senator Nick Sherry, minister for superannuation and corporate law, said credit providers and advisers would need to meet a higher standard than currently exists at state or territory ... |
| | | | ... hardship, an obligation imposed by changes to the Banking Code of Practice. The proposed change in the national consumer credit law, which is yet to go before parliament, may rope in additional borrowers under the hardship provisions. |
| | | | ... that mitigated the superannuant's market and longevity risks. Senator Nick Sherry, minister for superannuation and corporate law, speaking at the same conference, said, "We need discussions about a greater degree of annuitisation in the retirement income ... |
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