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Showing 341 - 350 of 4276 results for "Yesterday"

Hume pledges less red tape for advisers

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
The Liberal Party is promising major changes to the financial advice industry ahead of the federal election, ones that will overhaul compliance, costs, and education standards. Senator Jane Hume promoted the idea of deregulating the advice industry ...

SuperConcepts refreshes SuperMate

CHLOE WALKER  |  FRIDAY, 25 FEB 2022
SuperConcepts has officially released its new look SMSF software, SuperMate. Launched yesterday during an online event, SuperConcepts chief executive Grant Christensen said SuperMate Classic users will be able to work under a hybrid model, "processing ...

ATO underestimates SMSF performance: Report

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... performance of SMSFs. The SMSFA and the University of Adelaide's International Centre for Financial Services (ICFS) yesterday released their findings after a joint examination of the financial performance of a large sample of self-managed super funds. ...

FSCP panel members named

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
... at least two other members from within the broader industry. Announced by minister for financial services Jane Hume yesterday, the part-time members of the FSCP are: Shabnam Amirbeaggi, Debra Anderson, Julie-Anne Berry, Gabrielle Bouffler, Kathryn Brown ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... 300,000 people eligible for super contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside the Retirement Income Covenant and the Corporate Collective Investment Vehicles regime. From 1 July 2022, all ...

Advisers can step up to retirement planning boom

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... Super Consumers Australia director Xavier O'Halloran said the passage of the Retirement Income Covenant legislation yesterday calls for stronger impartial, quality financial advice provided on retirement options and products. "To make the most of ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... long-awaited reforms, the Retirement Income Covenant and Corporate Collective Investment Vehicle regime, passed parliament yesterday. Superannuation funds will have to provide a retirement income strategy for members to assist them in their later years ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
... prime focus is rectifying sub-standard industry practices and eradicating unacceptable product performance. Released yesterday, APRA said it will continue to exercise its powers to ensure RSE licensees are doing right by members. Throughout the year ...

ASIC reviews ETP naming conventions

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... exchanges authorised in admitting ETPs for quotation is also up for review. Considering the proposal, ASIC released yesterday Consultation Paper 356 ETP naming conventions: Updates to INFO 230. ASIC is taking feedback from stakeholders until March 3 ...

Federal Court imposes $4m penalty on industry fund

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... misleading correspondence and $500,000 for failing to report the breach to ASIC. In handing down the reasons for his decision yesterday in court, Justice Besanko noted that while Statewide's conduct was not deliberate, the contraventions of the law ...