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Showing 361 - 370 of 734 results for "Amendment"

Hands off super: SMSFA

EMMA RAPAPORT  |  MONDAY, 11 SEP 2017
... superannuation underwent significant upheaval following the 2016 Budget and the recent passage of the Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016. A May report from SMSF software company Class found about a third (31%) of self-managed ...

Underwriting expert joins ClearView

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2017
ClearView appointed a chief underwriter in an effort to strengthen its partnerships with independent financial advisers. Warren Page will be responsible for leading ClearView's national underwriting team and partnering with the group's reinsurer to ...

Super funds on notice over disclosure deadline

DARREN SNYDER  |  MONDAY, 28 AUG 2017
From 30 September financial advisers and consumers can expect to see significant changes in the way superannuation and managed investment funds disclose fees and charges. Corporate regulator ASIC said the changes will help bring industry-wide consistency ...

New Zealand advice industry to be overhauled

JAMIE WILLIAMSON  |  WEDNESDAY, 9 AUG 2017
... advice as it seeks to overhaul the country's regulatory regime for financial advisers. The Financial Services Legislation Amendment Bill, which was introduced to Parliament recently, is an omnibus Bill to amend the Financial Markets Conduct Act 2013 ...

First home super scheme may not make it to parliament in 2018

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
... 2017 Spring Sittings, the only superannuation-related bill for debate will be the Public Sector (Superannuation) Laws Amendment Bill, a bill which provides updates to existing legislation for Commonwealth employees, judges and parliamentarians. The First ...

Government cracks down on salary sacrifice loophole

EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
... not have evidence that the practice is widespread. In a recommendation to government, the Working Group calls for an amendment to the Superannuation Guarantee (Administration) Act 1992 to specifically include in the base for calculating an employer's ...

Super tax reforms take effect

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
... through Parliament. Revenue and Financial Services Minister Kelly O'Dwyer said the amendments under the Treasury Laws Amendment (2017 Measures No. 2) Bill will "improve the fairness, sustainability, and flexibility of the superannuation system." The ...

Super reforms hit parliament

EMMA RAPAPORT  |  MONDAY, 29 MAY 2017
... "As such, the changes to death benefits remain scheduled to commence from 1 July 2017," he noted. The Treasury Laws Amendment (2017 Measures No. 2) Bill 2017 will need to be passed by both houses of parliament to be law.

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... authorised deposit-taking institutions explain changes or proposed changes to residential mortgage pricing, including amendment of fees, charges, or interest rates. The levy will be calculated quarterly as 0.015% of an ADI's licensed entity liabilities ...

Elder financial abuse requires education

KARREN VERGARA  |  TUESDAY, 18 APR 2017
... discusses. Therefore, we believe education of trustees and advisers is a more effective approach," he said. One proposed amendment is for the "trustees of the fund [to] formulate and review regularly the consideration and planning of the loss of capacity ...