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Showing 631 - 640 of 736 results for "Amendment"

Extra year for tax related overhauls

MATT WOODINGTON  |  FRIDAY, 8 APR 2011
The federal government has granted an extra year to both Managed Investment Trusts (MITs) and financial planners providing tax advice to come to terms with new legislation. Bill Shorten, assistant treasurer and minister for financial services and superannuation ...

ASIC new guidance for AFSL

ELISE BURGESS  |  MONDAY, 4 APR 2011
Holders of an Australian Financial Services Licence (AFSL) now face updated guidance including guides on margin lending facilities, simple managed investment schemes and certain superannuation products. Australian Securities and Investments Commission ...

Poor advice fine to reach $200k

ELISE BURGESS  |  MONDAY, 21 FEB 2011
... and Financial Services' Inquiry into financial products and securities in Australia. Their submission stated that the amendment take place to clarify that advisers will act in good faith and in the best interest of their clients.

New rules for investment advisers: SEC

MEDIA RELEASE  |  MONDAY, 22 NOV 2010
The Securities and Exchange Commission is proposing new rules to strengthen the regulator's oversight of investment advisers. The SEC's proposed rules will implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. This includes ...

ASX power handover to ASIC heralds new trading rules

PRESS RELEASES  |  FRIDAY, 9 JUL 2010
... rules and the changes to the operating rules of the ASX Group. Formal approval will be granted once the Corporations Amendment (Financial Market Supervision) Act 2010 start in 1 August. This follows the Federal Executive Council formalising the Corporations ...

Govt extends drawdown relief for account-based pensions

MICHELLE BALTAZAR  |  THURSDAY, 1 JUL 2010
The government has extended the drawdown relief currently provided for account-based superannuation pensions to the 2010-11 year. Under existing laws, self-funded retirees are required a set minimum payment from their superannuation account-based pension ...

Centrepoint and PIS merger agreement changed

MICHAEL HOBBS  |  MONDAY, 28 JUN 2010
The merger between Centrepoint Alliance and Professional Investment Services (PIS) is expected to go ahead but the agreement has changed. Centrepoint Alliance found no unanticipated issues with PIS during the due diligence process but the terms of the ...

Navigator tops best platform list

RUTH LIEW  |  MONDAY, 29 MAR 2010
Navigator has been named the highest-rated platform for overall functionality - beating FirstWrap, Macquarie Wrap and Asgard eWrap, according to a new report. Navigator won the title for 2009, after many years of "steadily rising up through the rankings" ...

Super funds gain merger loss relief

GOVERNMENT RELEASE  |  FRIDAY, 26 MAR 2010
... revenue losses under the merger and transfer those same unrealised losses. The changes were included in the Tax Laws Amendment (2009 Measures No.6) Bill 2010, which was passed on 11 March this year and received Royal Assent on Wednesday this week. "This ...

Senate showdown looms on Clearing House legislation

ALEX DUNNIN  |  FRIDAY, 12 MAR 2010
Coalition calls for major amendments to the Government's legislation to authorise the Medicare monopoly on Approved Superannuation Clearing Houses is setting up another Senate showdown."The Coalition needs to indicate today that they will allow this ...