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Showing 431 - 440 of 2047 results for "Legislation"

Greater scrutiny of choice products needed: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
... super fund sits compared to others", she said. "AIST remains concerned that there is no requirement either in the legislation or regulations for all super products to be performance tested or for a fund to have passed the test before a member can be ...

Iress integrates DDO with Xplan

ANNABELLE DICKSON  |  MONDAY, 30 AUG 2021
... to interact with. At the same time, it will improve advisers' efficiency and reduce risk for licensees that the DDO legislation may not be complied with." ASIC's RG 274 Product design and distribution obligations aims to help consumers obtain appropriate ...

Plan to increase competitiveness of managed funds

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... allowing fund managers to offer investment products using vehicles that are more familiar to overseas investors. Draft legislation on the matter has now been released for public consultation. The government has previously consulted on CCIVs in 2017 ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... YFYS performance tests, says Industry Super Australia. The new performance test set under the Your Future, Your Super legislation is due to hand out its results to superannuation funds on August 30. Earlier this month, last-minute changes from the government ...

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... 30 "Following much discussion and due diligence, coinciding with the introduction of the 'Your Future, Your Super' legislation that has changed the environment for all super funds, we don't believe the merger would be in our members' best interests. ...

Fear of greenwashing worse than reality: Report

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 AUG 2021
... sustainable debt space increasingly complex for investors and reduces comparability across instruments." S&P suggested that legislation and global harmonisation of labelling of ESG, green or sustainable instruments and products will sooth investors' ...

Three-month relief proposal gains traction

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... (Relevant Providers Exams Standard) (Amendment No. 1) Determination 2021 has been lodged with the federal register of legislation. It follows a consultation period in which FASEA received eight formal submissions during July. That month, FASEA proposed ...

Super fund portfolio disclosure consultation reopens

KARREN VERGARA  |  WEDNESDAY, 18 AUG 2021
... portfolio holdings as part of the Your Future, Your Super reforms. This specific piece of the Your Future, Your Super legislation covers how members' holdings will be made publicly available so that the information is easily accessible via the fund's ...

Industry associations slam last resort scheme

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... Planning Principals Association are pushing the federal government to make structural changes to the scheme. The draft legislation proposes the CSLR to be a subsidiary of the Australian Financial Complaints Authority. This adds unnecessary red tape by ...

Industry Fund Services executive departs

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... was set up 33 years ago as a fund for unclaimed or dormant superannuation funds, after the federal government's legislation made it mandatory for superannuation funds to transfer low-balance or dormant accounts to the ATO. AUSfund decided to transfer ...