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Showing 501 - 510 of 677 results for "Shorte"

Tougher controls for SMSF collectibles

ALEX DUNNIN  |  THURSDAY, 19 MAY 2011
Draft legislation has been released by the federal government outlining new rules for self-managed super funds (SMSF) investing in collectibles. The proposed regulations are a significant watering down however of Super System Review recommendations ...

Advisers launch FOFA attack

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Now the Budget is over financial adviser groups have come out swinging over the Future of Financial Advice (FOFA) reforms, rallying members to pressure the Government to scrap their most hated measures. The two key points adviser groups want scrapped ...

Budget 2011: Advisers granted budget wish

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
Financial advisers have been granted at least one wish in this year's budget. From July 1 those who breach the concessional contributions cap by up to $10,000 have been given the option to withdraw the excess funds to avoid penalty tax rates. The concession ...

Super funds win merger tax relief

ALISON BEVEGE  |  TUESDAY, 3 MAY 2011
Merging superannuation funds have been granted a three-month tax relief extension by Financial Services and Superannuation Minister Bill Shorten. Minister Shorten today said that the Government would extend the temporary tax loss relief for consolidating ...

Government applauds ASIC trading rules

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
The Government has given its approval to ASIC's new draft of market integrity rules for equity exchange markets, which includes greater scrutiny on dark pool trading. ASIC has produced a framework of rules in anticipation of new market traders being ...

Advisers sacked, fees halved in "doom" scenario

ALISON BEVEGE  |  MONDAY, 2 MAY 2011
A report stating a quarter of financial advisers would be wiped from the industry and fee revenue halved by 2024 is alarmist, the Association of Financial Advisers said today. The report by research house Rice Warner Actuaries stated the figures in ...

High level super talks on now

ALISON BEVEGE  |  MONDAY, 2 MAY 2011
Top superannuation fund chiefs are today locked in high-level talks with Financial Services Minister Bill Shorten on a range of issues including raising the superannuation guarantee. Pauline Vamos, chief executive of the Association of Superannuation ...

Opposition attacks opt-in concession

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
Minister for Financial Services Bill Shorten has eased reforms on financial planners by extending the opt-in period but the Opposition has attacked, saying it would still cost an average firm $50,000. Adviser groups have lobbied hard against the opt-in ...

Less conflict, more interest: FOFA

MICHELLE BALTAZAR  |  THURSDAY, 28 APR 2011
Despite some protests on the details of the proposed FOFA reforms, Assistant Treasurer Bill Shorten said the changes, particularly the ban on 'conflicted remuneration', can only improve the planning industry's public image and encourage more Australians ...

Market Wrap - Midday

AAP  |  THURSDAY, 28 APR 2011
The Australian share market was almost half a per cent stronger at noon, trading off its highs of the session as traders digested a new high for the Australian dollar and what it means for stocks and interest rates. At 1200 AEST, the benchmark S&P/ASX200 ...