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Showing 571 - 580 of 735 results for "Amendment"

Enshrinement of "financial planner" closer to becoming law

MARK SMITH  |  THURSDAY, 16 MAY 2013
The terms "financial planner" and "financial adviser" took a step closer to being enshrined in law after a Parliamentary Joint Committee (PJC) was asked to provide a report on the issue. With the Coalition confirming they would not oppose the bill ...

Budget gets nod of approval from industry bodies

JAMES FERNYHOUGH, MARK SMITH  |  WEDNESDAY, 15 MAY 2013
Superannuation industry bodies have responded positively to last night's federal budget, generally agreeing that there were no major surprises. The Association of Superannuation Funds of Australia (ASFA) chief executive Pauline Vamos praised the government ...

Market Wrap

AAP  |  MONDAY, 22 APR 2013
... Joint Committee on Corporations and Financial Services' inquiry into the Corporations and Financial Sector Legislation amendment Bill. In equities news, Australand has its annual general meeting. In Australia, the market on Friday made feeble gains ...

New regime for accountants: Shorten

BEN COLLINS  |  THURSDAY, 28 FEB 2013
Speaking at an industry briefing, Federal minister for financial services and superannuation Bill Shorten has thanked the Institute of Chartered Accountants (ICAA) for its input in proposed rules regarding the provision of financial advice. The Institute ...

Trustee liability issues surface at PJC

BEN COLLINS  |  THURSDAY, 24 JAN 2013
Industry representatives have challenged a part of the Federal Government's final MySuper Bill likely to leave superannuation fund trustees at risk of contentious litigation. Advocates of several industry representative bodies spoke before a Parliamentary ...

CSSA calls out default fund selection

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
Major superannuation funds may be forced to close thanks to the Fair Work Amendment Bill 2012, said Douglas Latto, Corporate Super Specialist Alliance (CSSA) president. The Corporate Super Specialist Alliance (CSSA) has made a submission to the Standing ...

APRA proposes more stringent liquidity reporting

MARK SMITH  |  MONDAY, 12 NOV 2012
... reports will feature the new Liquidity Coverage Ratio and the Net Stable Funding Ratio. APRA has also proposed minor amendment to the reports its currently receives from credit unions and building societies. Finally, standardised balance sheet maturity ...

Exchange-traded gov bonds expand investment options

MARK STORY  |  FRIDAY, 2 NOV 2012
... bonds moved a step closer yesterday following the Senate's passing of the Commonwealth Government Securities Legislation Amendment (Retail Trading) Bill. Subject to regulatory clearance, trading is expected to commence in the first half of 2013, with ...

Passing of IMR bill to attract foreign investors: Shorten

BEN COLLINS  |  FRIDAY, 24 AUG 2012
Australia's financial services industry will benefit from a tax law amendment, which removes uncertainty that had been a barrier to overseas investment, said Bill Shorten, minister for financial services and superannuation. Amendments to the Investment ...

MySuper flipping ban passes lower house

BEN COLLINS  |  THURSDAY, 23 AUG 2012
... reportedly shows that 12 of the 13 retail fund "families" exposed members to higher fees because of automatic transfers. This amendment is an important consumer protection mechanism that we support, said Fiona Reynolds, chief executive of the Australian ...