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Showing 661 - 670 of 1947 results for "Proposal"

SMSFA turns up the heat on franking debate

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
Both sides of the franking credit debate were given air time during day one of the Self-Managed Superannuation Fund Association's national conference in Melbourne, but one dominated. Opposition to Labor's franking credits policy rose on the ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... starting July 1. It also passed an end to exit fees and introduced a cap on fees for lower-balance accounts. But the proposal to get rid of default insurance for accounts less than $6000 did not go through, following a deal between the Greens and the ...

APRA could oversee stalled super fund mergers

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
The financial services Royal Commission has suggested APRA's proposed new powers could be used to address stalled super fund mergers. The Parliament is currently waiting to pass a number of changes to the Superannuation Industry (Supervision) Act (SIS ...

New rules for UK retirement income products

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
The UK's pension fund industry is set to be hit with strict new investing rules, with proposed regulation designed to increase consumer engagement. The Financial Conduct Authority is concerned about consumers moving into drawdown and holding their funds ...

Industry funds dominate member satisfaction

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
... fund, so their opinion counts," Roy Morgan industry communications director Norman Morris said. However, the best in show proposal still faces a number of issues. "The top 10 are by no means a uniform group, ranging from 70.5% for Catholic Super down ...

LICs defy franking credit refund changes

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... receive feedback from our shareholders about the significant negative impact they will experience from the current policy proposal from the Federal Opposition to end the refundability of franking credits." Freeman said refundable franking credits have ...

ASIC seeks new default super partner

JAMIE WILLIAMSON  |  FRIDAY, 18 JAN 2019
ASIC is on the hunt for a new default superannuation fund for employees but smaller funds need not bother applying. In tender documents the corporate regulator specified it will only consider bids made by super funds with at least $10 billion in assets ...

CCIV consultation opens

KARREN VERGARA  |  THURSDAY, 17 JAN 2019
The next phase of implementing the Corporate Collective Investment Vehicle regime is open for consolation. Stakeholders have until 28 February 2019 to make submissions on two proposed bills - the tax and regulatory component, and related explanatory ...

Labor reforms to increase welfare dependency

JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
... as a cruel blow to self-funded retirees. The Alliance has estimated about 1.2 million people will be impacted by the proposal, of which 437,000 are SMSF members. An additional 2000 people in small APRA-regulated funds will also suffer. Ralston said the ...

AustralianSuper consortium ups bid for Navitas

KANIKA SOOD  |  WEDNESDAY, 16 JAN 2019
... unanimously the transaction to its shareholders after the exclusivity period ends on February 18, in absence of a superior proposal. "The BGH Consortium has indicated that the revised proposal represents its best and final offer in the absence of Navitas ...