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Showing 651 - 660 of 1947 results for "Proposal"

Inquiry denounces franking credit ban

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
The House of Representatives Standing Committee on Economics concluded Labor's proposal to remove refundable franking credits should not go ahead. Releasing the committee's final report last night, Liberal MP and committee chair Tim Wilson said the ...

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA  |  THURSDAY, 4 APR 2019
The Federal Government's plan to launch a superannuation consumer advocate body requires more funding and a long-term commitment from the industry and political parties, according to consumer groups. CHOICE and the Superannuation Consumers' ...

Consumers don't understand fee disclosure: ISA

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... cost comparisons. ISA chief executive Bernie Dean said attempts to improve this system are long overdue and the ASIC proposal is misguided - he believes the changes could actually confuse consumers more. "The current proposal by ASIC only serves to reinforce ...

UK to introduce new pension scheme

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
The UK has green flagged a new type of pension scheme on the back of union demand, joining Denmark and Netherlands which use a similar system. The new collective defined contribution (CDC) will allow employers to pool together group contributions while ...

Statewide Super confirms merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2019
... combined fund mean its members will have a powerful investment engine supporting them. There is a lot to like about this proposal. But being a three-way merger it will be a complex one, arguably one of the most complex Australia has seen for a long while." ...

UK pension funds to be hit hard over negligence

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
The UK Government wants to up the ante on pension fund bosses who endanger worker's retirement savings. Under a new proposal from the UK Government, bosses would face up to seven years in jail for endangering the retirement savings of their workers ...

ASIC scolds banks over fee-for-no-service delays

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... rejected some methodologies which required customers to opt-in to a review and remediation program. It also rejected a proposal to assess if there had been "a fair exchange of value" with customers instead of assessing whether customers received the ...

Consultation opens for claim handling changes

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
The Federal Government has opened consultation on a proposal to remove the exclusion of insurance claims handling from the definition of financial service. Industry stakeholders were worried about the unintended consequences of removing the exclusion ...

Grandfathered commissions ban unconstitutional: Association

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2019
... proposed ban is not constitutionally valid as, under the Future of Financial Advice reforms, it was determined that: "The proposal to ban particular remuneration structures can only operate prospectively, due to constitutional restrictions concerning ...

APRA sets sights on 2019 targets

HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
APRA has outlined its policy focus for the remainder of the year following the Royal Commission. Releasing its annual policy priorities document this week, the prudential regulator said it would build on the work it began last year, while taking into ...

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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