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Showing 471 - 480 of 935 results for "Incentive"

Super governance at top of APRA agenda

MARK SMITH  |  MONDAY, 21 MAR 2016
The Australian Prudential Regulation Authority has highlighted three superannuation governance issues it will prioritise in its regulatory agenda for 2016. The first of these issues is what the regulator called "the robustness of strategic and business ...

Industry funds happy SG charge retained

MARK SMITH  |  THURSDAY, 17 MAR 2016
... recognised the important role it plays," AIST chief executive Tom Garcia said. "Reducing the penalty also reduces the incentive for employers to pay mandatory super on time." "The SG charge is necessary to protect employees from employer non-compliance ...

PC releases Efficiency and Competition Review issues paper

ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
... superannuation market occurring on the supply side. "Such relationships can give rise to problems if the agent does not have an incentive to act in the best interests of the principal. A lack of transparency can compound this," the PC's paper said. These ...

Senate recommends immediate adviser bans following "bitter harvest"

ALEX BURKE  |  TUESDAY, 15 MAR 2016
... but argued that further steps needed to be taken to ensure there were no other "loopholes" for advisers to receive "incentive payments". As such, the committee recommended ASIC be "vigilant" in monitoring the application of FoFA legislation and advise ...

Future Generation LIC appoints CEO

DARREN SNYDER  |  TUESDAY, 8 MAR 2016
... government and private sectors. In her new role Walsh will receive remuneration of $100,000 per annum with no long term incentive plan. She will be employed by Wilson Asset Management to work on the Future Generation companies and other charitable endeavours. ...

Tax incentives for early stage investors too narrow: KPMG

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
... has characterised the early stage venture capital limited partnership (ESVCLP) rules is not replicated in this new tax incentive." KPMG clients have also shown concern with the proposed limitation of concessions to so-called 'sophisticated investors' ...

FSC reveals six-point super plan

ALEX BURKE  |  MONDAY, 29 FEB 2016
... additional 3% would "get the majority to self-sufficiency"); "Provide tax concessions which give all Australians... an incentive to save"; and "Increase the preservation age in line with increases in the age pension and life expectancy." Commenting on ...

Financial services adding more to economy than mining

MARK SMITH  |  FRIDAY, 26 FEB 2016
Financial services contributed more to the economy than any other industry in the 12 months to 30 September 2015, according to a joint Financial Services Council (FSC) and UBS report. Figures in the second annual State of the Industry Report show that ...

Super not for plugging Budget holes: AIST

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
... super system and distort investment markets. "The reason CGT discounts apply in superannuation is that they provide an incentive for long-term saving and any reduction to the current discount would dilute this," Garcia said. He warned the Government ...

Government help needed to remove innovation obstacles

MARK SMITH  |  TUESDAY, 23 FEB 2016
The Government should step in to boost investment in technology and innovation in the financial services sector by offering incentives and removing the biggest barriers, a panel of high profile professional investors has said. In a plenary session at ...