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Showing 761 - 770 of 1806 results for "Bill 2014"

Retail super members gouged by $7.1bn: ISA

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
Industry Super Australia (ISA) estimates that in the past decade bank-owned super fund members have been gouged by about $7.1 billion for above market fees to in-house suppliers. The estimate was released hours before the Senate will hold its final ...

Super fund governance bill enters final debate

DARREN SNYDER  |  MONDAY, 30 NOV 2015
The Senate is slated to have its final debate on the superannuation trustee governance bill tomorrow, which at a minimum will see one third independent directors on APRA-regulated super fund boards. The bill could see one last amendment from crossbench ...

FoFA end marks start of new advice era

LAURA MILLAN  |  MONDAY, 30 NOV 2015
The passing of the last amendments to the Future of Financial Advice (FoFA) legislation puts the controversial bill to bed and marks the start of a new age for financial advisers. Years of policy tinkering and regulatory uncertainty ended last week ...

Parliament repeals key FoFA amendments

LAURA MILLAN  |  TUESDAY, 24 NOV 2015
The Parliament has approved a Government motion to repeal key amendments to the Future of Financial Advice (FoFA) reforms in a move that has taken other MPs and industry stakeholders by complete surprise. The repeal affects the Government's proposed ...

Sovereign wealth funds banking on Aussie innovation

DARREN SNYDER  |  FRIDAY, 20 NOV 2015
Sovereign wealth funds are leading investment in the Australian private equity and venture capital industry, contributing 26% of new fundraising in the past financial year. Not only did overseas investors jump on Australian entrepreneurs in 2015, they ...

Super guarantee charge bundled by red tape repeals

DARREN SNYDER  |  FRIDAY, 13 NOV 2015
The federal government's Red Tape Repeal Day on Thursday included amendments to the superannuation guarantee charge (SGC) but the proposed legislation has been rolled over to parliament's final sitting weeks for the year. Under the proposed changes ...

XTB floaters listed on ASX

LAURA MILLAN  |  THURSDAY, 12 NOV 2015
Australian investors can now access senior floating rate notes (floaters) through ASX-listed exchange traded bonds (XTB) for the first time. The Australian Corporate Bond Company (ACBC) has listed bonds issued by banks AMP, BoQ (two XTBs), NAB (two ...

Paradigm appoints new CEO

ALEX BURKE  |  WEDNESDAY, 11 NOV 2015
Paradigm Group, an investment advisory group that focuses exclusively on executives, professionals and business owners, has appointed a new chief executive. Bill Danaher joins Paradigm from Industry Fund Services, where he was also chief executive. ...

Super tax back on Turnbull's agenda

LAURA MILLAN  |  WEDNESDAY, 11 NOV 2015
Taxing of superannuation contributions is back on the government's agenda, with Prime Minister Malcolm Turnbull and some industry stakeholders saying that "all measures are on the table." The issue of superannuation tax concessions came up yesterday ...

Labor opposes super trustee governance bill

DARREN SNYDER  |  TUESDAY, 10 NOV 2015
... recommending the bill on superannuation trustee governance be passed in the Senate today. The dissenting senators believe the bill "blindly conflates and confuses trustee governance with shareholder governance" and that supporters have cherry picked ...