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Showing 591 - 600 of 735 results for "Amendment"

APRA: Third line of defence in Trio-style fraud

BEN COLLINS  |  FRIDAY, 1 JUN 2012
... supervisory powers over a small credit union than a multi-billion dollar superannuation fund." The Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill, passed by the House of Representatives on 23 May 2012 will give ...

APRA releases final form prudential standards

LINDA HAUSKEN  |  FRIDAY, 1 JUN 2012
The Australian Prudential Regulation Authority has released a set of prudential standards in final form, and a response paper as part of its review of capital standards for general and life insurers. The aims of Australian Prudential Regulation Authority's ...

Coalition clears up FOFA questions

MELANIE TIMBRELL  |  MONDAY, 28 MAY 2012
With FOFA legislation due for debate in the Senate next month, the Opposition's spokesperson on Financial Services has provided details on what FOFA would look like under a coalition government. Speaking at an Association of Financial Advisers Budget ...

Government responds to proxy vote concerns

BEN COLLINS  |  FRIDAY, 25 MAY 2012
... concerns regarding undirected proxy votes cast by the chair on executive remuneration resolutions. The Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Act 2011 passed last year provides for greater transparency ...

APRA empowered to chase rogue superfund directors

BEN COLLINS  |  THURSDAY, 24 MAY 2012
... Prudential Regulation Authority greater powers to pursue "rogue superfund directors". The Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill 2012 provides the Australian Prudential Regulation Authority (APRA) with ...

ATO clarifies borrowing issues for SMSFs

RACHEL DAVIS  |  THURSDAY, 24 MAY 2012
The Australian Tax Office has clarified what is meant by a 'single acquirable asset' and what constitutes repair or maintenance of an asset, according to the SMSF Professionals' Association of Australia. The release of the Self Managed Superannuation ...

AIST warns MySuper deadline tight

BEN COLLINS  |  FRIDAY, 18 MAY 2012
... The first tranche of legislation was introduced to the Parliament on 3 November 2011 as the Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011 (the MySuper Core Provisions Bill). AIST is the representative body for Australia's $450bn ...

Details still needed on opt-in: ANZ Wealth

CLAIRE MCGREAL  |  FRIDAY, 23 MAR 2012
... on opt-in according to ANZ Wealth, with a number of issues still to consider. The government yesterday released its amendment to the FOFA legislation relating to the controversial requirement, which gives ASIC the power to exempt an adviser or dealer ...

FOFA opt-in amendment in full

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
The government has moved to clarify the FOFA amendment relating to opt-in. The amendment, as seen by Financial Standard this afternoon, states: Corporations Amendment (Future of Financial Advice) Bill 2011 Schedule 1, item 10, page 8 (after line 19) ...

FSC: Government drops opt-in requirement

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
The Financial Services Council has accused the government of "walking away" from the "centrepiece" of the FOFA reforms by dropping the opt-in requirement for advisers. The FSC said it was responding to FOFA amendments tabled in parliament today, maintaining ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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