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Showing 751 - 760 of 2022 results for "Legislation"

Pension funds feel the heat on climate change

JAMIE WILLIAMSON  |  THURSDAY, 13 SEP 2018
... health of the planet. It's high time the industry takes action." Just this week, the state of California passed legislation requiring CalPERS and CalSTRS to report on climate-related financial risks. The funds are expected to publish their first ...

Instant asset write off extended

HARRISON WORLEY  |  THURSDAY, 13 SEP 2018
... businesses are set to receive a boost with the extension of the Federal Government's $20,000 instant asset write off legislation passing through the Senate. Part of the Government's economic agenda to introduce tax cuts to business, the instant asset ...

Advisers warming up to LICs

KANIKA SOOD  |  THURSDAY, 6 SEP 2018
... In July 2010 changes to the Corporations Act which gave greater consistency to LIC dividends Then in July 2013 FoFA legislation was passed. And SMSF sector has grown. However, a significant portion of the LICs, many are relatively small in size. Out ...

Managed accounts could outstrip super sector on CIPRs

KANIKA SOOD  |  WEDNESDAY, 5 SEP 2018
... if there are any new products in the next 12 to 18 months. "Most super funds are not wanting to get ahead until the legislation is settled, which we expect to be around this time next year," Shead said. "In parallel development to this [new product development ...

No time for complacency: AIST

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... alone. Amid the recent leadership spill and new federal ministers sworn in, the Government conceded defeat on proposed legislation requiring 30 independent directors on superannuation boards as well as an independent chair, Scheerlinck said. In breaking ...

Federal oversight of financial services sector clarified

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
... Statistics, fintech, and crowd source equity funding, while assisting across the portfolio on matters including taxation legislation and administration. The not-for-profit and mutual sector now comes under the remit of Assistant to the Minister for Treasury ...

CCIV draws mixed reception: Research

KARREN VERGARA  |  THURSDAY, 23 AUG 2018
... director; operates at least one sub-fund at all times; and adheres to other more specific requirements detailed in the legislation. The research also shows the majority (88%) of asset managers find distribution-related data as a challenge in successfully ...

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... said. Letters issued by advisers to members transitioning read: "Around three years ago the government changed super legislation and it's coming into effect now. As a result, if you don't actively make an investment choice in your super account ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
... course around how they better deliver customer-oriented solutions following the Federal Government's release of draft legislation on the Consumer Data Right. The Consumer Data Right is aimed to empower customers to use data for their own benefit. Under ...

We have won the battle, not the war: AustralianSuper CEO

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... "It's a battle that's been won, not the war." Silk added the ultimate purpose of ISA's campaign was to ensure legislation wasn't passed which would diminish the financial outcomes of superannuation members, particularly AustralianSuper ...