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Showing 671 - 680 of 2022 results for "Legislation"

Shock win leaves investors worse off

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... along these lines are now learning a tough lesson that a press release during an election campaign is not the same as legislation," he says. Financial advisers agree, with many steadfast against making changes to portfolios. Story Wealth Management chief ...

Consolidation hits super fund administrators

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... member accounts to an eligible rollover fund (ERF) to facilitate early consolidation, but the "principal impact" of the legislation will be felt in FY20. Link did not disclose how much its earnings will be directly affected by the reforms, but forecasted ...

Liberal win stuns, ASX rallies: Poll

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... best news is that franking credit refunds will continue to all taxpayers and we expect to see a reintroduction of legislation that was before parliament but lapsed when the election was called, as well as the introduction of legislation related to this ...

Industry responds to election outcome

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
... will remain available but be counted against the total super balance in some circumstances; the actuarial certificate legislation will be amended so certificates are not always required; and the maximum number of members in an SMSF will be increased ...

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... take up from the dominant industry fund sector? The answer may lie in the returns, member demographics and impending legislation. Starting with the intrinsic, industry funds may have more homogenous member demographics and hence, may be able to serve ...

Australians demand unpaid super laws: Poll

KARREN VERGARA  |  MONDAY, 20 MAY 2019
... by Industry Super Australia reveals political parties are not doing enough to tackle unpaid superannuation and that legislation is the only solution to an ongoing problem. An overwhelming majority of participants (89%) want a new law that forces employers ...

Frontier highlights best in show list weaknesses

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
... periods, risk profile and qualitative factors such as member services." Carruthers added APRA's new member outcomes legislation will set a minimum standard of delivery, across a range of areas that funds need to provide. "That would give both funds ...

ASIC to strengthen complaints handling

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
... include complaints made on social media platforms, is entirely appropriate." All financial firms are required under legislation to have an internal dispute resolution system that meets strict ASIC standards. ASIC deputy chair Karen Chester said: "It ...

Midwinter acquires InvestmentLink

ELIZABETH MCARTHUR  |  TUESDAY, 14 MAY 2019
... data feed service will be a crucial component of the future advice landscape, given that the impending Open Banking legislation completely ignores superannuation products. "Additionally, we have found many of our digital superannuation fund clients prefer ...

Super funds grapple with PYSP deadline

KARREN VERGARA  |  FRIDAY, 10 MAY 2019
... said. Steffanoni said significant pressure seems to be around uncertainty and differing interpretations of the PYSP legislation and regulations. "Software providers and third-party administration service providers could find implementation particularly ...