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Showing 341 - 350 of 734 results for "Amendment"

Link Group loses $15bn industry fund mandate

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... group. Link said it could not currently quantify the net effect of the proposed changes, though, given the Treasury Laws Amendment (Protecting Superannuation) Bill 2018 is currently in exposure draft form and is open to consultation. There are other ...

US regulator to extend fiduciary rule

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
The financial services regulator in the United States is broadening the scope of the proposed fiduciary duty to combat conflicted investment advice and mitigate confusion around the differing standards to which different industry professionals are held. ...

ASIC fees to more than double

JAMIE WILLIAMSON  |  THURSDAY, 12 APR 2018
The cost of doing business with the corporate regulator has gone up under draft legislation supporting the new funding model for ASIC, released by Treasury yesterday. Under the draft reforms, the hourly rate charged by ASIC will more than double from ...

New law tightens unpaid SG penalties

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... a bid to stop "unscrupulous employers short changing superannuation contributions for employees." The Treasury Laws Amendment (2018 Measures No.4) Bill 2018 will give the Australian Taxation Office (ATO) access to new enforcement and collection provisions ...

ASIC co-deputy chair named

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... providers - particularly new entrants - benefit from a more competitive financial system." Introducing the Treasury Laws Amendment (Enhancing ASIC's Capabilities) Bill enacts a recommendation from the Financial System Inquiry and the ASIC Capability ...

ATO to advance early release of super: O'Dwyer

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
... independently confirm the amount authorised for release, Treasury said. This new legislation would support the Treasury Laws Amendment (2018 Measures No. 1) Bill 2018, introduced to parliament on 7 February 2018, and are unrelated to the ongoing review ...

SMFSA voices support for AFCA

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... Tribunal into one governing body, which was approved in parliament yesterday. Under the passage of the Treasury Laws Amendment (Putting Consumers First - Establishment of the Australian Financial Complaints Authority) Bill, small businesses will have ...

ASIC widens conflicted adviser remuneration rules

ALEX BURKE  |  THURSDAY, 7 DEC 2017
... January 1, Regulatory Guide 246 (RG 246) takes into account the additional provisions introduced in the Corporations Amendment (Life Insurance Remuneration Arrangements) Act 2017. Aside from the broad ban on commissions involved in the sale of life insurance ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
... 1 July 2018. The First Home Super Savers Scheme was supported by Liberal Democrats senator David Leyonhjelm after an amendment to ensure a review of the scheme after 18 months was added. Related story: First home buyers: Devil is in the detail for super ...

Salt reveals retirement hotspots

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
... to superannuation, passed the Senate yesterday, and have been returned to the House of Representatives for a single amendment proposed by Senator Leyonhjelm to be either accepted or rejected. The initiative is estimated to have a cost to Budget revenue ...