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Showing 321 - 330 of 734 results for "Amendment"

APRA unveils new prudential measures

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... business planning, including management and oversight of fund expenditure and reserves. Rowell said the Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No.1) Bill 2017 that is currently before Parliament ...

New SG laws hit Senate

KARREN VERGARA  |  FRIDAY, 7 DEC 2018
... stronger powers to enforce superannuation guarantee obligations has progressed before the Senate. If the Treasury Laws Amendment (Measures No.4) Bill 2018 is passed, the Commissioner of Taxation will be able to issue a written direction for employers ...

New Bill bolsters retirement income

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
... has been tabled before Parliament. Introduced in Parliament on November 29, the Social Services and Other Legislation Amendment (Supporting Retirement Incomes) Bill 2018 proposes three main measures to lifetime income streams, the work bonus and pension ...

For-profit lobbying leads to $53bn problem: AIST

HARRISON WORLEY  |  MONDAY, 3 DEC 2018
... being in high fee, opaque products. "Due to the complex nature of super, a carve-out can sometimes seem like a minor amendment when in fact it can be worth billions of dollars in profit to a bank."

Government amends key super reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
... exempt occupations," Robert said. The legislation was initially recommended by the Senate Committee to be passed without amendment. In discussing the first half of the new Improving Accountability and Member Outcomes in Superannuation Measures Bill ...

Pinnacle drops fees in Blue Sky fund bid

KANIKA SOOD  |  MONDAY, 5 NOV 2018
Pinnacle has knocked off performance fees from its bid to manage the Blue Sky Alternatives Access Fund, bringing it in line with Wilson Asset Management's bid, according to LIC's directors. The two managers have put in proposals to gain the ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... more permanent legislative solution to ensure that the value of a commuted market-linked pension is correct." Another amendment is maintaining the treatment of market-linked pensions under the transfer balance cap where they have been rolled over as ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
The industry's remuneration practices and policies played a major role in the banking misconduct uncovered by the Royal Commission Inquiry, the interim report found. Governance and risk management practices failed to prevent the misconduct where ...

Legislation lifts ASIC recruitment limitation

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... enables it to recruit staff outside of the Public Service Act has passed through Parliament. Under the Treasury Laws Amendment (Enhancing ASIC's Capabilities) Bill 2018, ASIC will have greater operational flexibility and expressly consider competition ...

Advisers granted stat dec authorisation

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
Financial advisers now have the status to sign statutory declarations under Commonwealth law. Advisers are now recognised as an additional category of people who are authorised to witness a Commonwealth statutory declaration, as outlined in the new ...