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Showing 331 - 340 of 1810 results for "Bill 2013"

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
The new best financial interests duty (BFID) could see members pay higher administration fees as the record-keeping obligations ramp up, superannuation funds and industry experts warn. The reforms, which are part of the Your Future Your Super legislation ...

ASIC pursues criminal charges in super

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
ASIC has outlined its ongoing body of work in the superannuation space, confirming it has compiled two briefs of evidence in support of criminal charges with the Commonwealth Director of Public Prosecutions and is undertaking more than 20 enforcement ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
"Getting strong now, won't be long now, getting strong now Gonna fly now, flying high now, gonna fly, fly, fly..." -Bill Conti, Gonna Fly Now As sure as this theme from the 1977 classic Rocky is remembered by film buffs and boxing aficionados everywhere ...

Stimulus, ERS boost financial comfort

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
The government's stimulus spending, and reforms like the early release scheme, have boosted Australian financial comfort to record highs despite the impact of COVID-19. The ME Bank Household Financial Comfort Index improved by 2% to 5.89 out of 10 during ...

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
A senator has argued that super funds should not be able to take short positions or participate in securities lending to short sellers. Queensland Liberal National Party Senator Gerard Rennick delivered an impassioned speech during the Senate debate ...

First Super adds to board

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
First Super has announced a new director and associate director commencing their terms on 1 January 2021. Anthony Pavey will join the board as a member representative director. Pavey has worked for Australian paper since 2002 and is currently the on-site ...

Government passes advice, super reforms

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
Financial advisers will now need prior written consent each year from clients before deducting fees, while funds from Eligible Rollover Funds must now be reunited with members within 28 days. Two key pieces of legislation were passed yesterday: the ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
There are clear opportunities to disrupt intra-fund and general advice that the industry is overlooking, shunning everyday Australians that need it most, according to superannuation experts. As the number of financial advisers continue to dwindle and ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...

T. Rowe Price names president, operations chief

KARREN VERGARA  |  MONDAY, 15 FEB 2021
T. Rowe Price has appointed a new president and chief operating officer, promoting an investments veteran and head of finance respectively. Rob Sharps, the new president who will continue to serve as head of investments and group chief investment officer ...