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Showing 441 - 450 of 1271 results for "Federal government"

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... pre-budget submission, the association representing 13,000 financial planners sets out 19 recommendations to the Federal Government. All but one of these recommendations are the same as last year. The only new request is a 'pension advice allowance' ...

Federal government responds to white collar crime Senate inquiry

KANIKA SOOD  |  MONDAY, 7 MAY 2018
The Federal Government has agreed to strengthen some of ASIC's powers but has deferred acting on recommendations to tighten self-reporting and industry codes as it waits for the dust to settle on Royal Commission findings. In its response to the Senate ...

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
Four industry figures, including a prominent Sydney financial planner, have been appointed to the board of the Australian Financial Complaints Authority (AFCA). The new members are Claire Mackay, Andrew Fairley, Erin Turner and Alan Wein. They join ...

SMSFs ramp up LRBA and property allocations

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
... and September 2017 quarters, the number of funds wound up spiked - the largest over a six month period. The Federal Government recently announced it will expand the maximum number of members from four to six. Revenue and Financial Services Minister Kelly ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... their super as an allocated pension and then draw down the minimum income," Gebler said. On May 8, when the Federal Government announces the annual budget, an update on the planned increase of the superannuation guarantee (SG) is expected. Melbourne-based ...

Government to increase SMSF member limit

KARREN VERGARA  |  MONDAY, 30 APR 2018
The Federal Government announced it will expand the maximum number of self-managed superannuation fund members from four to six - a proposal welcomed by the SMSF Association. Revenue and Financial Services Minister Kelly O'Dwyer said the change will ...

Treasurer backs ASIC investigations

DARREN SNYDER  |  THURSDAY, 19 APR 2018
... attract penalties which include gaol time. That's how serious these things are," Morrison said. He added the Federal Government is committed to increasing ASIC's power and resources, and has established the Australian Financial Complaints Authority (AFCA). ...

AIA Australia spearheads mental health law reforms

KARREN VERGARA  |  FRIDAY, 13 APR 2018
AIA Australia is urging the Federal Government to allow life insurers to fund early intervention and treatment for mental health conditions. AIA Australia and New Zealand chief executive Damien Mu said the legislative barriers that restrict life insurers ...

Crime victims should receive super access: Poll

DARREN SNYDER  |  MONDAY, 9 APR 2018
Financial Standard readers mostly support a Federal Government proposal which would see victims of horrific crimes have an ability to access the superannuation balances of perpetrators. The publication's weekly spot poll shows about two-thirds (63%) ...

ASIC co-deputy chair named

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... Services Minister Kelly O'Dwyer announced a legal expert will join Peter Kell as ASIC's co-deputy chair. The Federal Government nominated Daniel Crennan to the newly created position and he will work alongside Kell, who commenced as deputy chair in May ...