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Showing 391 - 400 of 677 results for "Shorte"

Member interests and employer choice paramount

ELISE BURGESS  |  TUESDAY, 10 APR 2012
Member interests and not the interests of competing funds is paramount for default super, said FSC and the AIST in their parliamentary submissions. The Australian Institute of Superannuation Trustees (AIST) and the Financial Services Council (FSC) have ...

Super potential underrated by Aussies

ELISE BURGESS  |  TUESDAY, 10 APR 2012
Baby Boomers rate financial independence as costing $750,000 and wish to retire early but do not see their superannuation as the answer, reflecting a change in sentiment. In a new study assessing attitudes to individual financial health, Baby Boomers ...

Shorten demands clarity of stance on SG rise

MELANIE TIMBRELL  |  MONDAY, 26 MAR 2012
Minister for Financial Services Bill Shorten has hit back at the opposition leader's comments on the superannuation guarantee increase, asking for a clarification of position. Last week's passage of the minerals resource rent tax legislation with changes ...

FOFA passing causes industry division

ELISE BURGESS  |  FRIDAY, 23 MAR 2012
The Future of Financial Advice legislation has successfully passed through the House of Representatives to very mixed reactions from the wealth management industry. Minister for Financial Services Bill Shorten called the legislation "historic reforms" ...

FOFA opt-in amendment in full

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
The government has moved to clarify the FOFA amendment relating to opt-in. The amendment, as seen by Financial Standard this afternoon, states: Corporations Amendment (Future of Financial Advice) Bill 2011 Schedule 1, item 10, page 8 (after line 19) ...

AFA hits out at ISN over deal allegations

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
The AFA has weighed into the debate over allegations a deal had been struck between the FPA and Industry Super Network on opt-in and the use of the term "financial planner". National media reported this week that the Financial Planning Association (FPA) ...

FPA: Stance on opt-in remains the same

ELISE BURGESS  |  WEDNESDAY, 21 MAR 2012
The FPA has responded to industry-wide speculation that it has signed a deal with the Industry Super Network that would limit opt-in to a four year requirement. Reported in The Australian, the Financial Planning Association (FPA) and the Industry Super ...

Govt launch MRRT super site

ELISE BURGESS  |  MONDAY, 19 MAR 2012
The Gillard Government has launched a new website to show Australians how the new Minerals Resource Rent Tax package will improve their retirement savings. MoreSuper.gov.au was launched yesterday and provides a calculator for individuals to input their ...

Mandatory FOFA start date confirmed for July 2013

CLAIRE MCGREAL  |  THURSDAY, 15 MAR 2012
The financial services industry has been given another year to implement the FOFA reforms, with the mandatory industry wide start date confirmed as July 1, 2013. Financial Services Minister Bill Shorten announced the proposed FOFA changes will kick ...

Forum: Women Driving Change

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
Gender quotas may be an uncomfortable prospect for the current generation, but they offer potential to fast track the remedy of gender imbalance in senior corporate positions for subsequent generations. That was a key message derived from yesterday's ...