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Showing 431 - 440 of 2022 results for "Legislation"

Verve Super launches gender diversity index

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
... and approach. The help of Future Super and Diversa oversee investment decisions in line with their duties under the legislation, Hobbs said. "We therefore worked closely with the team at Future Super to bring the index to life and to ensure it met appropriate ...

More super tax concessions on table

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
... tax concession if her suggested amendment was to be passed into law. Meanwhile, another controversial piece of super legislation is to be debated this week - the Your Future, Your Super reforms. Industry Super Australia (ISA) today reiterated its concerns ...

Maine forces pension funds to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUN 2021
The state of Maine has become the first in the United States to pass legislation forcing its pension fund to divest fossil fuels. Last week, Maine passed bill LD99; an act to require the state to divest itself of assets invested in the fossil fuel industry. ...

YFYS on its way to Senate

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
... but said the bill still had flawed measures. "The amendments to the bill don't change the fact that this piece of legislation contains fatal flaws that will result in significant unintended member detriment," Scheerlinck said. "This bill excludes more ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... for all class members," treasurer Josh Frydenberg said. The government has acted on Recommendation 29 by introducing legislation to implement permanent changes to Australia's continuous disclosure rules and will consult on the remaining recommendations. ...

Family law super reforms released

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
The government has released the long-awaited exposure draft legislation intended to prevent individuals from hiding superannuation assets in family law proceedings. The exposure draft legislation will use information held by the Australian Taxation ...

Potential small carve out for annual renewal law

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... disclosure statement. The Association of Financial Advisers (AFA) has identified practicality issues with the new legislation set to take effect on July 1 and is pushing for the changes. Under the annual renewal for ongoing fee arrangements, the new ...

ECPI draft legislation released

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
The government has introduced exposure draft legislation to reduce red tape for super funds when calculating the exempt current pension income (ECPI). The minister for financial services, superannuation and the digital economy Jane Hume said the draft ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
... recently in the Australian Federal Treasury's prediction of life after JobKeeper. Speaking before the Economics Legislation Committee on March 24, treasury secretary Steven Kennedy warned that between 100,000 and 150,000 recipients of the $90 billion ...

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... occupations. The most significant of the five amendments that Labor will seek are across stapling. First, it wants the final legislation to turn on stapling only after the new APRA tests have removed dud funds from the system. Second, it wants the superannuation ...