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Showing 3651 - 3660 of 3921 results for "law"

Budget super consultations attract 3,500 submissions

ALEX DUNNIN  |  THURSDAY, 10 AUG 2006
... tax rates, a subsequent statement released by the Treasurer's office said, "Superannuation funds are required under current law to withhold tax at the top marginal rate on lump sum payments and pensions where a member has not provided their TFN." But ...

ASIC issues disclosure guidelines for super trustees

HAMISH MADDEN  |  FRIDAY, 4 AUG 2006
... the product issuer, the trustee cannot themselves prepare a PDS for a product. "The policy builds on the options under the law for trustees on giving information about particular financial products that form part of an investment strategy. The relief ...

Industry pleads for greater professionalism

KATE HAGE  |  THURSDAY, 3 AUG 2006
The wealth management industry is in transition and now is the time to strive for greater professionalism, said industry identities at the opening session of the IFSA annual conference yesterday. In a panel session which neatly delved into the issues ...

GIO Insurance directors hit with heavy penalties

HAMISH MADDEN  |  THURSDAY, 3 AUG 2006
... by the Supreme Court of New South Wales. "ASIC's case against these former directors of GIO Insurance demonstrates that the law clearly requires company directors and officers to exercise care and diligence when carrying out their work, particularly ...

Govt moves on bankruptcy super shield

The Federal Government has abandoned its previously proposed line of attack towards bankrupt individuals who try to dodge their creditors by exploiting a super loophole, instead adopting a more common sense approach to the long-running problem. Late ...

No conflict, more interest on MLC

Amid industry calls to curb conflicts of interest when giving advice, MLC will fundamentally change how it values an adviser's business from a model based on a set formula favouring in-house products to one based on an independent market valuation. ...

MLC and Aon take out top insurance awards

KATE HAGE  |  WEDNESDAY, 26 JUL 2006
... Wespac and Lumley, technical innovation of the year; Finity Consulting, service provider of the year; Allens Arthur Robinson, law firm of the year; Suncorp, winner of services to the community; and insurance personality of the year went to IAG chief ...

Another Elm associate banned by ASIC

HAMISH MADDEN  |  TUESDAY, 11 JUL 2006
... enforcement, Jan Redfern said last year. "Furthermore, individuals and organisations that create a culture where compliance with the law is neglected or undermined will not be tolerated, and we will continue to pursue such offenders."

ACSI praised for corporate governance campaign

HAMISH MADDEN  |  MONDAY, 10 JUL 2006
The Australian Council for Superannuation Investors (ACSI) has been praised for its work in the area of corporate governance and president Michael O'Sullivan has been elected to the board of the International Corporate Governance Network (ICGN). ACSI ...

ASIC serves up life to insurance rep

HAMISH MADDEN  |  THURSDAY, 22 JUN 2006
A former CGU Insurance representative has been permanently banned from offering financial services after repeated and deliberate dishonest behaviour, including spending client's insurance premiums on himself. Terence Howell, from Victoria, has received ...