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Showing 391 - 400 of 734 results for "Amendment"

Disclosure deadlines present super challenge

DARREN SNYDER  |  WEDNESDAY, 7 SEP 2016
Superannuation has recently received plenty of oxygen in the political atmosphere and fund disclosure is yet another bubble quickly rising. As super funds and regulators work towards several disclosure deadlines in 2017, industry representative groups ...

Mark Dunsford attacks FSC over life reforms

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
Financial Services Council chief executive Sally Loane has fired back at Life Insurance Customer Group member Mark Dunsford who claims the reforms contained in the Life Insurance Framework are designed purely to benefit life companies and banks. In ...

LICG successful in triggering AFA EGM

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2016
... confirmed it has received the minimum number of member submissions required under the Corporations Act to propose an amendment to its constitution via an extraordinary general meeting (EGM). Spearheaded by the Life Insurance Customer Group (LICG), the ...

Half of SMSFs set for super change slug

MARK SMITH  |  FRIDAY, 29 JUL 2016
If the government's proposed changes to superannuation go through, keeping any excess funds over the $1.6 million cap in accumulation is likely to be more beneficial than withdrawing it from superannuation altogether. That's according to modelling by ...

AMP Capital hits back at second LIM wind-up letter

ALEX BURKE  |  TUESDAY, 26 JUL 2016
... Furthermore, it was "open to LIM to call a meeting to change the constitution of the fund, provided that the proposed amendment was otherwise permitted by law." In regards to AMP Capital's alleged mismanagement and misconduct, the statement said: "[AMP ...

WAM finds returns in growth companies

DARREN SNYDER  |  MONDAY, 25 JUL 2016
Exposure to undervalued growth companies in the vehicle leasing, retail and health product sectors led WAM Capital to a 21.6% return on its investment portfolio during 2015-16. Releasing its full-year results to the ASX, WAM Capital chairman Geoff Wilson ...

Cromwell Riverpark Trust extended for five years

KERRIE SYDEE  |  MONDAY, 11 JUL 2016
... voted in favour of extending the trust, exceeding the 50% required. A further 95.83% of unitholders voted to approve an amendment to the trust's constitution in order to implement the rollover proposal. Cromwell funds manager Hamish Wehl said the vote ...

Advice bodies at odds over professional standards

KERRIE SYDEE  |  MONDAY, 11 JUL 2016
... financial advice business or providing financial advice," the AFA says in its submission to the proposed Corporations Amendment (Professional Standards of Financial Advisers) Bill. The FPA instead proposes that "at least three directors must have experience ...

Queensland super funds become public offer

DARREN SNYDER  |  MONDAY, 20 JUN 2016
Queensland government superannuation funds QSuper and LGIAsuper will have their membership open to the general public from 30 June 2017, following legislation introduced in the state's parliament last week. Announcing the legislative amendments on Thursday ...

ANZ won't make LIF transition until bill is restored

ALEX BURKE  |  FRIDAY, 6 MAY 2016
... ANZ Wealth managing director Alexis George. Speaking at a media event in Sydney, George referenced the Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016, which lapsed due to prorogation in Parliament despite the reforms being ...