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Showing 321 - 330 of 372 results for "Levy"

SPAA calls for fraud net to be cast wider

MATT WOODINGTON  |  TUESDAY, 9 AUG 2011
... Fund Professionals Association has called for greater investor protection against fraudulent investment schemes, proposing a levy on all product providers. SPAA is urging broader reforms around insurance and compensation measures following the recent ...

Astarra director convicted by NSW Supreme Court

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
... Astarra Strategic and ARP Growth. Superannuation funds harmed by the Trio scandal received $55 million from a compensation levy on APRA-regulated funds. Self-managed funds, not regulated by APRA or subject to the levy, received nothing. Richard, received ...

Time to call it quits - again

BENJAMIN ONG  |  MONDAY, 27 JUN 2011
... Overcoming the Euro Crisis". Read it here: http://varoufakis.files.wordpress.com/2011/03/a-modest-proposal-version-2-1-for-the-levy-institute-pdf.pdf And of course, there's also the "Vienna initiative" which Olli Rehn, the EU's economic and monetary ...

All clear for a bail

BENJAMIN ONG  |  WEDNESDAY, 22 JUN 2011
... - outright pay reductions of public servants, a freeze in government hiring and for those who still have jobs - a 'crisis levy' on their wages. Yeouch! And yes, there would be a garage sale of Greek assets too. Let's hear a bid for the Parthenon, going ...

Shorten ups Trio super levy to $750,000

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
APRA regulated superannuation funds will pay a maximum $750,000 under the compensation levy being introduced to recoup the lost $55 million for the victims of failed investment firm, Trio Capital. Under new regulations announced, Assistant Treasurer ...

Deadline tonight for Trio levy submissions

ALISON BEVEGE  |  MONDAY, 16 MAY 2011
Time runs out today for superannuation funds to have their say on regulations governing the levy to raise $55 million in compensation for victims of the Trio Capital fraud. With the impost worked out as a percentage of funds under management and capped ...

Budget 2011: "Benign" Budget a relief for finance sector

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
... auditors and improved data collection. The increased funding is to be raised by increasing the annual self-managed super fund levy by $30 from $150 to $180 from July.

Trio compo draft regulations released

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
Superannuation funds have until next Monday to have their say on regulations governing the levy to raise $55 million in compensation for victims of the Trio Capital fraud. Funds will be exposed to a maximum impost of $500,000 down to a minimum of $50 ...

Ministers backed to raise super contribution

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
Christian Super is supporting the decision by the Baptist Union of NSW and ACT to raise the superannuation levy for Ministers of Religion from 9 per cent to 11 per cent. There have been concerns that due to unique taxation arrangements to help churches ...

Trustee fury prompts SMSF compo rethink

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
... about because there were potential downsides such as cost. The payout for Trio victims' compensation will be raised by a levy on all APRA-regulated fund members at the rate of 2c per $100. But Burgess said any levy on SMSF funds to form a separate compensation ...