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Showing 21 - 30 of 68 results for "CSS"

Corporate super specialists ask Treasury for FoFA exemption

JAMES FERNYHOUGH  |  FRIDAY, 7 JUN 2013
The Corporate Super Specialists Alliance (CSSA) is in talks with Treasury after the Australian Securities and Investments Commission (ASIC ) refused to grant a no-action letter to corporate super specialists. The CSSA made the request for a no-action ...

ASIC warns planners, be careful who you hire

JAMES FERNYHOUGH  |  TUESDAY, 7 MAY 2013
... which ASIC has previously taken action. ASIC has also recently taken action against Clearing & Settlement Services Pty Ltd (CSS), and Halifax Investment Services Ltd (Halifax). In both cases ASIC singled out failures in supervision and monitoring of ...

Securities dealer scales back after ASIC review

LAURA MILLAN  |  THURSDAY, 4 APR 2013
Securities dealer Clearing & Settlement Services (CSS) has downsized its operations after the Australian Securities and Investments Commissions (ASIC) found it had failed to comply with conditions of its Australian Financial Services licence (AFSL). ...

CSSA calls out default fund selection

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
Major superannuation funds may be forced to close thanks to the Fair Work Amendment Bill 2012, said Douglas Latto, Corporate Super Specialist Alliance (CSSA) president. The Corporate Super Specialist Alliance (CSSA) has made a submission to the Standing ...

CSSA calls on Treasury for MySuper clarity

LINDA HAUSKEN  |  TUESDAY, 14 AUG 2012
The Corporate Super Specialists Alliance calls on Treasury to provide greater clarity and details on grandfathering provisions that will apply to the MySuper legislation, or move the implementation date to 2014. To date, Treasury has not released any ...

No role for FWA in choosing default funds: CSSA

MELANIE TIMBRELL  |  WEDNESDAY, 1 AUG 2012
The Corporate Super Specialist Alliance has endorsed option 4 of the Productivity Commission's default super fund inquiry, namely that an independent expert panel and not Fair Work Australia should make default fund listing decisions. Gareth Hall, CSSA ...

CSSA: MySuper puts corporate super insurance at risk

RACHEL DAVIS  |  FRIDAY, 18 MAY 2012
CSSA: MySuper puts corporate super insurance at riskThere is a fundamental flaw in the assumptions being made by Treasury regarding what happens to a member's benefits when they leave a corporate super fund, according to the Corporate Super Specialist ...

MySuper regulations fundamentally flawed

MELANIE TIMBRELL  |  TUESDAY, 17 JAN 2012
Industry concerns have arisen over pricing structures and fee levels under the proposed My Super legislation, with calls for the government to allow differential pricing. "Lifecycle strategies that shift a higher weight to fixed income as a member nears ...

MySuper rings alarm for Corporate Super

CLAIRE MCGREAL  |  MONDAY, 21 NOV 2011
Corporate superannuation advisers have voiced their concerns over MySuper measures, claiming they would ultimately deter corporate fund members from engaging with their retirement savings. The government's MySuper proposals seek to establish a low cost ...

MilitarySuper chief executive to stand down

CLAIRE MCGREAL  |  MONDAY, 31 OCT 2011
... Board merged with the Defence Force Retirement and Death Benefits (DFRDB) Authority and the ARIA Board (the trustee of the CSS, PSS and PSSap civilian schemes) to form the $24 billion Commonwealth Superannuation Corporation. Seton said while he enjoyed ...