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Showing 651 - 660 of 1011 results for "ASF"

Scope for super participation in TPD education

MELANIE TIMBRELL  |  FRIDAY, 29 JUN 2012
Super funds have a role to play in public education on the implications of TPD member cover, according to Slater & Gordon Lawyers. Following a recent survey that showed only 47% of people knew total and permanent disability (TPD) insurance coverage ...

SuperStream passes Lower House

ALEX DUNNIN  |  TUESDAY, 19 JUN 2012
Super Stream legislation passed through the Lower House yesterday but while the government is upbeat, the superannuation industry is still wary. The measures were contained in the Superannuation Legislation Amendment (Stronger Super) Bill 2012 that ...

SuperStream levy unclear

MELANIE TIMBRELL  |  MONDAY, 4 JUN 2012
The Financial Services Council has raised concerns on the expenditure of monies levied on the industry to pay for SuperStream and the manner in which they are to be raised. Speaking at public hearings of the Parliamentary Joint Committee Inquiry into ...

APRA empowered to chase rogue superfund directors

BEN COLLINS  |  THURSDAY, 24 MAY 2012
The Lower House of Parliament has passed legislation that will give the Australian Prudential Regulation Authority greater powers to pursue "rogue superfund directors". The Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) ...

Brogden calls for government agreement on FATCA

MELANIE TIMBRELL  |  TUESDAY, 15 MAY 2012
FSC chief John Brogden has called on the Gillard government to provide strong support for the wealth sector ahead of addressing an IRS hearing in Washington DC on the contentious FATCA regime. The Foreign Account Tax Compliance Act (FATCA) regime aims ...

ASFA: Retirement costs remain steady

LINDA HAUSKEN  |  THURSDAY, 10 MAY 2012
For the second consecutive quarter, costs for retirees have remained steady and are marginally down, according to new figures released by the Association of Superannuation Funds of Australia Retirement Standard. The new figures show that retired couples ...

Budget: Super changes risk sound investment

MELANIE TIMBRELL  |  WEDNESDAY, 9 MAY 2012
A two-year deferral of the increased super concessional contributions cap for over 50s risks derailing efficient investment and exacerbating member disengagement, according to industry reaction following last night's Budget. Representing a saving of ...

Budget: Calls for SuperStream levy dialogue

BEN COLLINS  |  WEDNESDAY, 9 MAY 2012
The Federal Government has confirmed that a temporary SuperStream levy will be paid by APRA regulated super funds to cover the costs of implementing the reforms, but industry bodies are calling for greater visibility about how and where the money is ...

Industry rejects changes to super tax

MELANIE TIMBRELL  |  MONDAY, 23 APR 2012
Superannuation industry bodies have launched strident opposition to leaks revealing superannuation tax concessions will be impacted by the Government return to surplus. Tax concessions currently cost Treasury in the order of $30bn each year, with Labor ...

Speculation grows on super tax breaks

ALEX DUNNIN  |  FRIDAY, 20 APR 2012
Two days after opposition Treasurer Joe Hockey said in a landmark interview that Australia needs to end its cult of welfare entitlement, speculation is rising the government is considering a clampdown on untargeted superannuation tax concessions. On ...