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Showing 471 - 480 of 2575 results for "Treasury"

All financial advice should be tax deductible: FPA

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
... participants in the financial services industry," the FPA said. It highlighted that, based on information included in the Treasury Proposal Paper, financial advisers would be responsible for more than 75% of the cost of the scheme which would include ...

Regulation should be balanced: Levy

ANDREW MCKEAN  |  WEDNESDAY, 1 FEB 2023
... advice, while also being in the best interest of consumers. Earlier this month, as reported by Financial Standard, a Treasury spokesperson indicated that industry can expect the Quality of Advice Review to be released in the coming weeks. It was delivered ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... amount that would have been charged as an arm's length expense and the amount that was actually charged to the fund," Treasury stated. "Where the product of five times the breach is greater than all fund income, all fund income will be taxed at the highest ...

TPB bans PwC partner over breach

CHLOE WALKER  |  MONDAY, 23 JAN 2023
... have let slip confidential law reform plans. While a partner at PwC, Collins was part of a confidential consultation by Treasury to improve tax laws, including introducing new rules to stop multinationals avoiding tax by shifting profits from Australia ...

Government to close child sex abuser loophole in super

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
... on child sex abusers hiding their assets in super to avoid paying compensation to victims, opening new consultation. Treasury has released a discussion paper with two proposals to close the loophole denying child abuse victims court-awarded compensation. ...

Treasury working on QAR, super tax concessions

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
A Treasury spokesperson has indicated when industry can expect the release of the Quality of Advice Review (QAR) final report, while also confirming the government has not scrapped super tax concessions. A spokesperson for minister for financial services ...

Apex Group wins fund admin mandate

CASSANDRA BALDINI  |  TUESDAY, 17 JAN 2023
... Prudential Real Estate Master Trust, Apex Group said it will supplement Capital Prudential's centralised risk management, treasury and settlement's function while ensuring investors benefit from best-in-class risk management. The financial solutions ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... regarding regulation, JM3 Projects principal John Mitchem noted that the US system is fragmented across social security, the treasury, comptroller of the currency, the consumer financial protection bureau and the department of Labor which oversees ERISA-regulated ...

Future Fund subsidiaries set to receive tax exemption

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... tax, which is subsequently refunded to the Future Fund board via franking credits attached to the dividends paid to it. Treasury explanatory materials said the current tax arrangements result in unnecessary compliance and administrative burdens for the ...

AMP appoints new chief financial officer

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... organisation across financial control, statutory and regulatory reporting, performance reporting, tax, investor relations, treasury, M&A, strategic sourcing, and workplace experience. Most recently, Fredricson was acting chief executive and chief financial ...