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Showing 511 - 520 of 1327 results for "Parliament"

New Zealand advice industry to be overhauled

JAMIE WILLIAMSON  |  WEDNESDAY, 9 AUG 2017
... regulatory regime for financial advisers. The Financial Services Legislation Amendment Bill, which was introduced to Parliament recently, is an omnibus Bill to amend the Financial Markets Conduct Act 2013 (FMC Act) and the Financial Services Providers ...

First home super scheme may not make it to parliament in 2018

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
... of additional superannuation and retirement policies announced following this years' Budget may not be introduced to Parliament before the end of the year. As per the Legislation Proposed for Introduction in the 2017 Spring Sittings, the only superannuation-related ...

ACSI urges investor action on slavery, warns of financial risks

EMMA RAPAPORT  |  TUESDAY, 1 AUG 2017
... support of a Modern Slavery Act in Australia. The statement was intended form part of PRI's submission to the federal parliament Joint Standing Committee on Foreign Affairs, Defence and Trade. At the time, IFM Investors executive manager Chris Newton ...

Super tax reforms take effect

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
... taxation reforms affecting contributions, CGT relief and transition to retirement income streams have passed through Parliament. Revenue and Financial Services Minister Kelly O'Dwyer said the amendments under the Treasury Laws Amendment (2017 Measures ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
... vote he tweeted that he sided with his own party because Labor's motion was "hopeless", could be overturned by the Parliament's Selection Committee, and scheduled for a date when Parliament was not in session. "You cannot debate a Bill when the Parliament ...

May the force's not with her

BENJAMIN ONG  |  TUESDAY, 13 JUN 2017
... the European Union's (EU) single market and customs union. As Bloomberg put it, "May wouldn't have enough votes in Parliament to support her vision of a hard Brexit, and would find it very difficult to pass laws, one minister said. This means the kind ...

ASIC launches LIF instrument

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
... Government in November 2015 and sets in motion the effects of the Life Insurance Remuneration Arrangements Act passed by Parliament in February. The law, which extends to the direct sale and marketing of life insurance states commissions, will be capped ...

Super reforms hit parliament

EMMA RAPAPORT  |  MONDAY, 29 MAY 2017
... 2016 Federal Budget including changes to transition to retirement pensions and pooled super trusts has been tabled in parliament. According to IOOF's head of technical services Martin Breckon, the amendments are intended to remedy some unintended consequences ...

Future Fund investment mandate revised

DARREN SNYDER  |  THURSDAY, 25 MAY 2017
... Future Fund until at least 2026-27. Federal Treasurer Scott Morrison said the revised mandate will now be tabled in Parliament. "Since its inception the Future Fund's returns have grown to exceed the previous long term target rate. But actuarial analysis ...

Treasury responds to ABA derision over bank levy

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
... revenue estimates as part of the explanatory material accompanying the draft legislation when it is introduced into Parliament." Bligh said a lack of quality consultation on the shaping of the levy could result in a poorly-designed tax impacting the ...