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Showing 671 - 680 of 1266 results for "Federal Government"

Super funds clash on board independence

DARREN SNYDER  |  FRIDAY, 26 JUN 2015
Both retail and industry superannuation funds have mixed responses to a federal government proposal that would see an increase of independent directors on fund boards. BT Financial Group believes increasing the number of independent directors will create ...

Industry super warns against uniform laws

AAP  |  FRIDAY, 26 JUN 2015
The most successful superannuation operations would be hit hardest by the federal government's planned changes, industry funds warn. But the government says millions of retirees are expected to benefit from proposed new laws to improve the way superannuation ...

Infrastructure allocations up 14% in two years

ALEX BURKE  |  FRIDAY, 19 JUN 2015
... ignore," said ACCI director of economics and industry policy. He added: "The business community supports the Federal Government's nation-building vision for Northern Australia and its plan to invest in road and dam infrastructure. "Driving down the costs ...

Greens strike pension test deal with coalition

DARREN SNYDER  |  WEDNESDAY, 17 JUN 2015
... between the Coalition and the Greens means special consideration will be given to retirement incomes in the federal government's Tax Discussion Paper, and proposed changes to the pension asset test will be passed by parliament. The deal was struck late ...

Super tax concession savings not overly generous: NAB

DARREN SNYDER  |  TUESDAY, 16 JUN 2015
... adequate retirement. This is one of six superannuation objectives raised in the bank's recent submission to the federal government's Tax Discussion Paper. The submission says tax imposed within the super environment should not be higher than what would ...

Cross-border distribution low despite initiatives

MARK SMITH  |  FRIDAY, 12 JUN 2015
... developed their off-shore distribution despite joint initiatives to promote international expansion from the Federal government and industry bodies. Of the $2.5 trillion in assets under management in Australia as at the end of December 2014, only $90 ...

Actuaries say super taxes need to be reviewed

DARREN SNYDER  |  WEDNESDAY, 10 JUN 2015
Financial services representative groups are weighing in to a debate about the federal government's uncertain position regarding superannuation tax reform. Today the Actuaries Institute said there is growing clamour for clarity around superannuation ...

Independence on super boards should be skills based

DARREN SNYDER  |  MONDAY, 1 JUN 2015
... assigning independent directors. The report is considered timely as the financial services industry expects the federal government to respond to the Financial System Inquiry next month. Mercer believes a recommendation will be to assign a majority of ...

Asteron discusses alternative commission structure

DARREN SNYDER  |  FRIDAY, 29 MAY 2015
... allow an adviser to build remuneration to that level. The model forms part of Asteron Life's submission to the federal government for the parliamentary joint committee on lifting professional, ethical and education standards in the financial services ...

New SIV rules target smaller companies boost

DARREN SNYDER  |  MONDAY, 18 MAY 2015
... a minimum of $5 million across three complying arrangements after new rules were formally announced by the federal government. To comply with an SIV, applicants will have to place at least $500,000 in eligible Australian venture capital or growth private ...