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Showing 771 - 780 of 1266 results for "Federal Government"

Trustee liability issues surface at PJC

BEN COLLINS  |  THURSDAY, 24 JAN 2013
Industry representatives have challenged a part of the Federal Government's final MySuper Bill likely to leave superannuation fund trustees at risk of contentious litigation. Advocates of several industry representative bodies spoke before a Parliamentary ...

First State Super tracking well after merger

BEN COLLINS  |  WEDNESDAY, 23 JAN 2013
Nearly two years after a significant merger, the boss of the $33 billion First State Super fund has confirmed the tie-up was a success. On 30 June 2011 First State Super officially merged with fellow industry fund Health Super, creating Australia's ...

AIST argues for fee-cap in MySuper submission

BEN COLLINS  |  FRIDAY, 18 JAN 2013
The Australian Institute of Superannuation Trustees' submission to the final tranche of the Federal Government's MySuper legislation will highlight problems with asset-based administration fees. After putting the finishing touches on its submission ...

Debt ceiling forces US Treasury to suspend TSP contribs

ALEX DUNNIN  |  THURSDAY, 17 JAN 2013
Members of the US federal government and uniformed employees Thrift Savings Plan have had employer contributions into US government securities suspended as part the US Treasury's plan to avoid breaching the debt ceiling. The Thrift Savings Plan (TSP) ...

FSC to seek inquiry extension

BEN COLLINS  |  WEDNESDAY, 16 JAN 2013
... charitable trusts in Australia, the Financial Services Council yesterday said it would seek an extension to a Federal Government inquiry. Financial Services Council (FSC) senior policy manager Eve Brown said that the charitable trust industry currently ...

Advisers at risk over asset-based fees

BEN COLLINS  |  THURSDAY, 10 JAN 2013
... asset-based fees, which can create conflicts of interest, said finance consulting group The Fold. While the Federal Government's Future of Financial Advice (FoFA) reforms have done a clean-sweep of the industry, asset-based fees can be just as bad as ...

PAS Lodges MySuper application

BEN COLLINS  |  WEDNESDAY, 9 JAN 2013
... Professional Associations Super yesterday lodged its application to offer a low-cost product to members, under the Federal Government's MySuper reforms. The fund applied for a MySuper license ahead of the "average industry time frame," and is leading ...

FOFA guidance released

BEN COLLINS  |  FRIDAY, 14 DEC 2012
Two key pieces of guidance for the Federal Government's Future of Financial Advice reforms were released by the Australian Securities & Investments Commission Yesterday. Regulatory guides that the corporate watchdog said had been produced after extensive ...

Advisers risk wasting 2013: van Eyk Advice

BEN COLLINS  |  WEDNESDAY, 12 DEC 2012
... businesses are in danger of wasting next year, van Eyk Advice has warned. 'Grandfathering' provisions in the federal government's Future of Financial Advice (FoFA) reforms could mean that advisers become complacent, said Tony Zulli, van Eyk Advice national ...

SPAA welcomes Gov's tick of approval

BEN COLLINS  |  WEDNESDAY, 12 DEC 2012
A representative body for self managed superannuation fund professionals has welcomed a federal government decision to recognise its fund auditing qualification as a win for professionalism. The program offered by the SMSF Professionals' of Australia ...