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Showing 731 - 740 of 2022 results for "Legislation"

New Bill bolsters retirement income

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
... retirement income has been tabled before Parliament. Introduced in Parliament on November 29, the Social Services and Other Legislation Amendment (Supporting Retirement Incomes) Bill 2018 proposes three main measures to lifetime income streams, the work ...

For-profit lobbying leads to $53bn problem: AIST

HARRISON WORLEY  |  MONDAY, 3 DEC 2018
... comparative data so they could more easily compare options for investing their retirement savings. "Constant erosions to the legislation and for-profit super providers being let off the hook has been at an enormous cost to consumers who are effectively ...

FASEA exam is not fair: Spot poll

KARREN VERGARA  |  MONDAY, 3 DEC 2018
... Act, financial advice construction and applied ethics. Two days later, FASEA released its draft degree requirement legislation, proposing that an existing adviser has a graduate diploma of eight subjects as a maximum requirement. The minimum requirement ...

Read the whole thing: FASEA

JAMIE WILLIAMSON  |  THURSDAY, 22 NOV 2018
... FASEA chief executive Stephen Glenfield urged advisers and stakeholders to ensure they read the authority's draft legislation in its entirety to avoid further confusion. Addressing the 2018 FPA Congress in Sydney this morning, Glenfield encouraged delegates ...

FASEA releases draft degree requirement legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 21 NOV 2018
... graduate diplomas and master degrees that are approved pursuant to the program and provider accreditation policy. The legislation will be updated to add new degrees, equivalent qualifications and the like as they are approved. "We welcome stakeholder ...

Government amends key super reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
... across all occupations, and will consult publicly, in the time available, on the exempt occupations," Robert said. The legislation was initially recommended by the Senate Committee to be passed without amendment. In discussing the first half of the new ...

More than half of advisers without association membership

JAMIE WILLIAMSON  |  THURSDAY, 8 NOV 2018
... Financial Planning while Synchron appears to contribute the most advisers to the AFA. Under the new professional standards legislation, financial advisers must comply with a code of ethics and be a member of a compliance scheme or code monitoring body ...

Grattan says Aussies retiring comfortably, ISA responds

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
... pre-retirement income, even after allowing for inflation. This is above the OECD-endorsed 70% benchmark. Hence the legislation to ramp up compulsory super contributions to 12% should be scrapped, putting about $2 billion back into the budget every year ...

Cbus whacks illegal phoenixing

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
... before handing over the original one to a liquidator. Cbus has made a submission to Treasury consultations on draft legislation around the introduction of director identification numbers (DINs) in a bid to protect its members' employments from dodgy ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... pushing for life insurance on an opt-in basis for young members under 25 and low balances or inactive accounts. The new legislation also aims to empower the ATO to proactively reunite people's unclaimed super, cap certain fees for low balance accounts ...