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Showing 531 - 540 of 2020 results for "Legislation"

Government announces fresh crackdowns on foreign investments

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... in non-sensitive sectors, we want to streamline and speed-up that process." The government will be releasing draft legislation on the reforms next month, with the intention of passing the changes before the end of the year so that they are in place by ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... decided to support their members, even though this required finding solutions to constraints in the State Super Scheme legislation," the spokesperson said. "One of these requirements is that members need to provide a written consent to allow for an early ...

FASEA boycott sparks in-fighting

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... advice afforded to hard working Australians and rebuilding confidence in the financial advice industry." She added that legislation is before the Senate to extend the period during which advisers can sit the exam to 1 January 2022.

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... possible in its communications that trustees should not attempt to use the ERS in this way. "When we first saw the legislation, it seemed pretty clear that sort of act wouldn't meet the legislation because it's pretty hard to satisfy the eligibility ...

Expats sweat as main residence CGT cut-off looms

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... property then you get no access to the main residence exemption at all." Bembrick said the most drastic aspect of the legislation was that there was no recognition for the period that this foreign resident lived in their home before moving overseas. ...

APRA pushes for super fund consolidation

JAMIE WILLIAMSON  |  THURSDAY, 28 MAY 2020
... law - and that it's in their best interests. Carmody advised trustees against taking an overly narrow view of the legislation governing mergers, saying APRA expects trustees to take a pragmatic approach rather than measuring line-by-line that all members ...

FPA confirms redundancies

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... Financial Services, Superannuation and Financial Technology Jane Hume said during a FPA webinar that it would. The legislation is expected to pass in early June.

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... members will hold except a change in insurance arrangements to accommodate Putting Members Interests First (PMIF) legislation. Earlier this month, Perpetual delayed a successor fund transfer of its MySuper product to CareSuper citing market uncertainty ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... with the entities (WSJ). Trump promised US would address the issue very strongly while State Department said imposing legislation would be met with strong US condemnation." This puts into question the "phase one" trade deal between Washington and Beijing. ...

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... listed investment companies and trusts yesterday, in a move which should ensure a saloon passage through the Senate for legislation extending the deadline for advisers to meet FASEA educational requirements. With the matter settled, a Labor spokesperson ...