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Showing 5081 - 5090 of 18119 results for "superannuation"

Shape up on climate change risk: APRA

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... as well as the risks that may arise from the global transition to a low-carbon economy," APRA said. As for the superannuation prudential framework, APRA will update Prudential Practice Guide SPG 530 Investment Governance (SPG 530) in relation to ESG ...

IOOF faces new class action

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... APRA's legal proceedings, however, were unsuccessful with the Federal Court finding that IOOF did not contravene the Superannuation Industry Supervision Act.

SG amnesty bill finally passes

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
The government's superannuation guarantee amnesty bill was waved through the Senate yesterday, almost two full years after it was first introduced to the parliament. The Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019 yesterday ...

SMSF property adviser pleads guilty

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... operated as a 'one stop shop', providing advice to clients on the establishment of SMSFs, rollover of existing superannuation funds into an SMSF, sourcing and purchase of investment properties, property management, insurance and taxation. "ASIC ...

Freedom Insurance appoints liquidators

KANIKA SOOD  |  MONDAY, 24 FEB 2020
... insurance to man with Down syndrome. In November, it hired as its chair Vamos, former chief executive of Association of Superannuation Funds of Australia (ASFA). In December that year, it cut its life insurance business after a Deloitte review said it ...

Super tax concessions out of hand

HARRISON WORLEY  |  MONDAY, 24 FEB 2020
Latest analysis of Treasury data shows superannuation tax concessions are growing so large they will soon rival the Age Pension. New Australia Institute analysis shows tax concessions in superannuation are almost as large as the cost of the Age Pension ...

SG increase will hurt women: NFAW

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... should remain a strong element of the retirement income system. In its submission to the Treasury the NFAW said the superannuation guarantee system is "inherently flawed" as it is based on lifetime income. "This has always limited the superannuation ...

SMSF Association reaffirms ATO partnership

ELIZABETH MCARTHUR  |  MONDAY, 24 FEB 2020
... employees to be seconded to the SMSFA to gain greater understanding of the SMSF sector. ATO deputy commissioner of superannuation James O'Halloran joined SMSF Association chief executive John Maroney on stage at the final day of the SMSF Association ...

Former AMP, Synchron adviser charged

HARRISON WORLEY  |  FRIDAY, 21 FEB 2020
... own use property belonging to another. ASIC alleges Dick accessed and transferred around $1.1 million from the superannuation, pension and personal savings accounts of his clients to fund his personal lifestyle expenses. According to ASIC, the offences ...

More US giants added to Chi-X TraCRs

HARRISON WORLEY  |  FRIDAY, 21 FEB 2020
... the radar, as a smart exchange business in an environment that's a particularly great one with our massive superannuation funds," he says. "Australia is a growing market with a good regulator that works with the operators. We've got high margins ...