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Showing 721 - 730 of 2048 results for "Legislation"

AustralianSuper hikes insurance fees

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... AustralianSuper is increasing the cost of insurance, blaming the Federal Government's recent Protecting Your Super legislation for the changes. On 1 June 2019, the cost of TPD and income protection cover will rise for AustralianSuper members with ...

Treasurer courts retirees with new superannuation measures

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... superannuation members with low balance or inactive accounts, scrapped exit fees and other excessive fees, and introduced legislation to protect Australians paying premiums for insurance they don't want or need," he said.

MP slams prolonged grandfathered commissions carve out

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... customers going forwards. So, as I've said, we will take that off for our salaried planners, and I would encourage legislation to be enacted for the rest of it," George added.

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... (ATSI) peoples face when making superannuation binding death benefit nominations is open for consultation until May 24. Legislation on the distribution of superannuation death benefits, ATSI peoples' kinship structures and how the law accommodates ...

Frydenberg takes action on banning grandfathered commissions

HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
... better and more affordable products are available on the market," he said. The Government first released exposure draft legislation to ban grandfathered conflicted remuneration for financial advisers last February. The new regulations - in the form of ...

Investors raise alarm on Facebook

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... companies who do not act to restrain the spread of what Morrison refers to as "terror content". The government is drafting legislation that would make it a criminal offence for social media companies to fail to remove material like the video of the Christchurch ...

UK to introduce new pension scheme

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
... reaching millions of retirement savers." Work and pensions secretary Amber Rudd said the UK will bring forward primary legislation to introduce the new scheme "as soon as parliamentary allows". Royal Mail chief risk and governance officer Jon Millidge ...

Qantas Super urges women take control of super

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAR 2019
... says allowing employers to contribute more for women without being considered to have breached anti-discrimination legislation could be a necessary step.

Rejuvenated APRA asserts authority

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... introduced to Parliament in September 2017. While APRA is disappointed the Bill has still not passed, it anticipates the legislation will pass given both sides of politics have strongly asserted their commitment to improving member outcomes, she said. ...

Advisers to return US$125m in fees

KANIKA SOOD  |  TUESDAY, 12 MAR 2019
... up with a three step plan to address this. It incentivised advisors for self-reporting they had violated American legislation on conflict of interest, asked them to promptly compensate investors and lastly to review and correct fee disclosures. SEC chair ...