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Showing 6451 - 6460 of 6885 results for "Act2"

ASIC offers super switching guides

The Australian Investments and Securities Commission (ASIC) has released a guide aimed at ensuring financial advisers do not breach the Corporations Act 2001 when giving advice about switching superannuation funds in the new Choice environment. The ...

Unlicensed financial adviser caught out

An Australian Securities and Investments Commission (ASIC) investigation has resulted in Donald Maxwell facing one charge of carrying on a financial services business without an Australian financial services license (AFSL). The regulator alleges Maxwell ...

ASIC provides guidance on superannuation calculators

The Australian Securities and Investments Commission (ASIC) will exempt providers of superannuation calculators from the need to hold a financial services licence or where the provider is already licensed from some of the conduct and disclosure provisions ...

Super launch for Virgin

Virgin Money has launched its low cost Virgin Superannuation fund with a flat 1 per cent per annum fee and no entry, exit, contribution or switching fees. As announced in April Macquarie Funds Management will manage the funds and Virgin will use the ...

CPAs release Choice reference guide

CPA Australia has prepared a new guide to assist employers, employees and public practitioners comprehend the impact of choice of fund legislation to be introduced on 1 July 2005. The guide, called the Super Choice Easy Reference Guide, gives all three ...

ATO calls on SMSF trustees to get it right

The Australian Tax Office has encouraged trustees of self managed superannuation funds (SMSF) to ensure the ownership of assets are held by the fund and not the trustee. It has also stated that all other breaches of SMSF rules will be dealt with heavily ...

New investment risk tool for SMFSs launched

... implementation of portfolio theory, statistics, econometrics and probability theory. "The Superannuation Industry (Supervision) Act (1993) explicitly requires trustees of superannuation funds to consider both the return and risk of their investment strategy ...

ASIC provides guidance about Choice advice

The Australian Securities and Investments Commission (ASIC) has released a guide to help individuals and organisations, namely employers, who do not hold an Australian financial services licence (AFSL) and are likely to give advice to employees about ...

Suncorp boards with a $35 million mandate win

Suncorp Investment Management has won a $35 million balanced fund mandate from the ACT Construction Industry Long Service Leave Board. The ACT Construction Industry Long Service Leave Board is an independent ACT statutory authority, which provides portable ...

Interim relief for super fund product disclosure extended

Superannuation trustees will now not have to satisfy the product disclosure requirements of s1012IA of the Corporations Act 2001 until 30 June 2006. The development comes after the Australian Securities and Investments Commission (ASIC) decided to extend ...