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Showing 591 - 600 of 2020 results for "Legislation"

Stamping fees consultation kicks off

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... financial advisers could collect from putting clients into investment products such as unlisted trusts. However, the new legislation permitted advisers to continue collecting commissions on stock exchange-listed investment products - an exemption that ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... the FAR, with the government intending to consult on timeframes as part of the consultation on the exposure draft legislation. Consultation is open until February 14.

Your Super, Your Choice debate heats up

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... Australian Institute of Superannuation Trustees aired some grievances about the planned Your Superannuation, Your Choice legislation. FSC chief executive Sally Loane said while the FSC broadly supports the new legislation it submits that the bill should ...

AustralianSuper ups admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
... after the fund increased admin fees by 50% in March 2019, adding a further $39 per year to member fees. With the PYS legislation seeing fees and costs incurred by members with less than $6000 in retirement savings capped at 3%, the new fee is necessary ...

Future of life insurance in doubt: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
... the issues APRA noted that life insurers broadly finished 2019 financially resilient. Protecting Your Superannuation legislation removing life insurance for low-balance super members and Putting Members' Interests First making life insurance opt-in for ...

Regulation costly, time consuming: CSIRO

ELIZA BAVIN  |  FRIDAY, 17 JAN 2020
... could reduce the cost and complexity for individuals and businesses in understanding, navigating, and working with legislation and regulation." The report also said Australian regulators are among the most collaborative globally, maintaining bilateral ...

SGE extension could hurt small entities: FSC

HARRISON WORLEY  |  THURSDAY, 16 JAN 2020
The Financial Services Council has expressed its concerns with draft legislation seeking to extend the definition of significant global entities to ensure multinational tax avoidance rules apply to all relevant entities. In its submission to the government's ...

Cbus Super chief to exit

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
... account-based pensions and towards retirement income streams. In recent months, Atkin has also spoken about the flaws in CIPRs legislation and the fund's stance that retirement products must give trustees the discretion to tailor them for their members' ...

FPA supports tightening insurance claims

ELIZABETH MCARTHUR  |  MONDAY, 13 JAN 2020
... claims handling under the definition of financial services. The submission, in response to Treasury's exposure draft legislation and regulations to make insurance claims handling a financial service, detailed several ways in which advice in relation ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
... begin line by line scrutiny next week." This the latest news from The Independent, headed "Boris Johnson news: Brexit legislation passes Commons..." News? Brexit has become less of a news item since 12 December 2019 when the Conservatives won 365 seats ...