Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 331 - 340 of 734 results for "Amendment"

CCIV draws mixed reception: Research

KARREN VERGARA  |  THURSDAY, 23 AUG 2018
... effective." The Federal Government opened consultation to industry stakeholders for the first tranche of the Treasury Laws Amendment (Corporate Collective Investment Vehicle) Bill 2018 in June. Under the framework, a company can register as a CCIV if ...

Plan service fees did not constitute fee for no service: NAB

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
... fees for no service and NAB charging superannuation customers for advice services they did not access. NAB requested an amendment to a 2016 ASIC draft report looking into fees for no service, on the basis it did not agree with the characterisation of ...

Farmers should urgently access super: Advisers

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... should be tax free and apply to the farmer and their spouse. While the pair welcome Prime Minister Malcom Turnbull's amendment to the Farm Household Allowance (FHA), they said farmers need access to funds quicker as most areas are "suffering the ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
The prudential regulator cautioned against the use of a sole measure to determine whether an underperforming superannuation fund should retain MySuper authorisation. In its latest submission to the Productivity Commission on superannuation's competitiveness ...

ASIC provides guidance on Asia Funds Passport

KARREN VERGARA  |  WEDNESDAY, 1 AUG 2018
... Asia Region Funds Passport bill that was recently passed. On June 28, the Federal Government passed the Corporations Amendment (Asia Region Funds Passport) Bill 2018 in an effort to open up Asian markets for Australian financial services companies with ...

Church threatens to dump $21bn of fossil fuels

KANIKA SOOD  |  MONDAY, 16 JUL 2018
... voted 347 to four in favour of the decision, with three voters abstaining. Its environmental working group proposed the amendment, asking the Church's investment bodies to assess companies' progress by 2023. It wants the bodies to pull money ...

AstuteWheel speeds up risk advice timeframe

KARREN VERGARA  |  FRIDAY, 29 JUN 2018
Financial planning software provider AstuteWheel launched its latest tool which slashes the risk advice process to one hour. Astute Insurance Planner was created in partnership with an OmniLife app and YTML to integrate different systems and help financial ...

Government opens consultation for amended CCIV regime

ALEX BURKE  |  THURSDAY, 14 JUN 2018
The Federal Government opened consultation to industry stakeholders for the first tranche of the Treasury Laws Amendment (Corporate Collective Investment Vehicle) Bill 2018. In August 2017, the Government called for initial consultation on the CCIV ...

Super protection policy needs improvement

DARREN SNYDER  |  FRIDAY, 1 JUN 2018
Advocacy group Women in Super is calling on the Federal Government to re-examine its policy to end life insurance for Australians with low superannuation balances or accounts with little activity, suggesting it could be detrimental to women with dependents. ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... Government's superannuation guarantee (SG) package announced on Budget night earlier this month. The Treasury Laws Amendment (Superannuation 2018 Measures) Bill 2018 also includes other measures, aimed at streamline the SG system and supporting the ...