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Showing 371 - 380 of 677 results for "Shorte"

SMSF auditor competency education push

MELANIE TIMBRELL  |  TUESDAY, 26 JUN 2012
Details of the registration regime for auditors working in the SMSF sector, announced this week by superannuation minister Minister Bill Shorten, are broadly been in line with industry expectations although questions still remain around quality assurance. ...

New accountants' licence hailed as win for affordable advice

MELANIE TIMBRELL  |  MONDAY, 25 JUN 2012
The federal government's new conditional licensing regime for accountants has been applauded by professional bodies as a step to achieving broader access to financial advice. CPA Australia chief executive officer Alex Malley said the new rules are a ...

FOFA passes as industry backs professionalism

MELANIE TIMBRELL  |  THURSDAY, 21 JUN 2012
Industry bodies have broadly welcomed yesterday's passage of the FOFA legislation through the Senate, with the focus on codes of conduct effectively setting up the industry for self-regulation amid the push towards professionalism and better consumer ...

SMSF Trustees want compensation: SPAA

BEN COLLINS  |  THURSDAY, 21 JUN 2012
The Self Managed Super Fund professionals' Association of Australia has rejected calls for a levy to be imposed on SMSF trustees to fund a compensation scheme. In the wake of the Trio fraud there has been a misconception as to what the legal standing ...

Fed twists again like it did last summer

BENJAMIN ONG  |  THURSDAY, 21 JUN 2012
Is this all we get? No, QE? Just an extension of what we've seen over the past year? Not happy Ben. Wall Street's disappointment became evident as soon as the US Federal Reserve's decision hit the screens shortly after midday NY time -- the Dow dropped ...

Older Australians delaying retirement

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
A report unveiled yesterday by financial services and superannuation minister, Bill Shorten, revealed that 50% of older Australian intend to delay retirement. The report, titled Financial Wellbeing: Concerns and choices amongst older Australians, also ...

ASIC issues short PDS guidance

BEN COLLINS  |  TUESDAY, 19 JUN 2012
The Australian Securities & Investments Commission (ASIC) has issued guidance for issuers of superannuation products and simple managed investment schemes about how to comply with the shorter product disclosure statement regime. The shorter Products ...

SuperStream passes Lower House

ALEX DUNNIN  |  TUESDAY, 19 JUN 2012
Super Stream legislation passed through the Lower House yesterday but while the government is upbeat, the superannuation industry is still wary. The measures were contained in the Superannuation Legislation Amendment (Stronger Super) Bill 2012 that ...

SuperStream levy unclear

MELANIE TIMBRELL  |  MONDAY, 4 JUN 2012
The Financial Services Council has raised concerns on the expenditure of monies levied on the industry to pay for SuperStream and the manner in which they are to be raised. Speaking at public hearings of the Parliamentary Joint Committee Inquiry into ...

APRA empowered to chase rogue superfund directors

BEN COLLINS  |  THURSDAY, 24 MAY 2012
The Lower House of Parliament has passed legislation that will give the Australian Prudential Regulation Authority greater powers to pursue "rogue superfund directors". The Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) ...