Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4641 - 4650 of 6605 results for "Future2"

Advisers warned to check pension start dates after new ruling

MARK SMITH  |  MONDAY, 5 AUG 2013
Advisers have been warned to pay closer attention to pension start dates following a tax office ruling explaining when a superannuation income stream commences and when it ceases, and consequently when a superannuation income stream is payable and taxable. ...

Bank levy upsets senior lobby

JAMES FERNYHOUGH  |  FRIDAY, 2 AUG 2013
Lobby group National Seniors Australia have criticised the government's plan to put a 0.05% levy on bank deposits in 2016, saying it will force pensioners into riskier investment alternatives. National Seniors Australia chief executive Michael O'Neill ...

Advice firms start to launch in post-FoFA regime

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
The financial services industry is starting to see the first advice firms launching after the start of the Future of Financial Advice (FoFA) regulation and while the process is more rigorous now, newcomers have the advantage of being fully-compliant ...

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
The Australian Securities and Investments Commission (ASIC) has proposed that financial advisers improve the way they keep their records as part of the best interest duty obligation under the Future of Financial Advice (FoFA) regulation. In Consultation ...

Cormann commits to change in face of Labor moratorium

MARK SMITH  |  THURSDAY, 1 AUG 2013
Shadow minister for financial services and superannuation Matthias Cormann has echoed Treasurer Chris Bowen's calls for super certainty but refused to back a five-year moratorium on changes to the system. Bowen laid down a challenge to the Coalition ...

ISN and FSC form 'unprecedented' union

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
A bridge over the traditional gulf between the industry and retail superannuation sectors appears to be under construction following an announcement from the Financial Services Council (FSC) - representing retail - and the Industry Super Network (ISN) ...

ASFA calls for clarity on Labor's super law freeze

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
... "Constant changes to the taxation settings can diminish community support for compulsory super, so it's important that future 'tinkering' is kept to a minimum." The Australian Institute of Superannuation Trustees (AIST) also welcomed the announcement ...

Regulator taking a "facilitative" approach to change

ALICE URIBE  |  THURSDAY, 1 AUG 2013
The Australia Securities and Investments Commission (ASIC) chairman Greg Medcraft reiterated his support to the financial services industry as it grapples with the implementation of regulatory changes, saying that the regulator would take a "facilitative" ...

Labor pledges five-year freeze on super tax

MARK SMITH  |  THURSDAY, 1 AUG 2013
A re-elected Labor government would make no changes to superannuation for five years and aims to enshrine a policy in law that would make future changes possible only once every five years hence, Treasurer Chris Bowen said. The Treasurer unveiled a ...

Plum launches free advice service

LAURA MILLAN  |  WEDNESDAY, 31 JUL 2013
Corporate superannuation provider Plum has launched an online advice tool that allows members to tailor content and generate a statement of advice for free. The tool aims at increasing people's engagement with their superannuation and at helping them ...