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Showing 771 - 780 of 2022 results for "Legislation"

Advisers must tread carefully on PLS

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
... part-rate pensioners are able to access the scheme. "The new rules are proposed to be effective from 1 July 2019 but legislation is yet to be passed. If passed, it opens another opportunity for clients to fund aged care needs using equity in their home ...

Former NAB adviser permanently banned

HARRISON WORLEY  |  FRIDAY, 8 JUN 2018
... representative to provide credit assistance within that business. The regulator said Eung was likely to contravene credit legislation and was not a fit and proper person to engage in credit activities. In April, ASIC permanently banned another former ...

Life insurer early intervention a win: Research

KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
... Financial Services Council with the help of Cadence Economics, analyses the potential advantages of overhauling current legislation that prevents life insurers paying for the treatment of uninsured Australians at risk of long-term incapacity. Based on ...

Unpaid super reaches $6bn

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... Government's new laws could see employers face court-ordered penalties and even jail time. Linden said while the draft legislation introduced enhanced penalties and extended single touch payroll to small businesses, it did not adequately address ...

Super protection policy needs improvement

DARREN SNYDER  |  FRIDAY, 1 JUN 2018
... extended to 16 months to avoid penalising women on parental leave and that the period should commence from the date the legislation is introduced," the submission said. It's also requesting protection for members who are on parental leave or returning ...

Second APRA deputy chair nominated

HARRISON WORLEY  |  WEDNESDAY, 30 MAY 2018
... as a second deputy chair, granting Lonsdale a five-year term. The appointment of Lonsdale hinges on the approval of legislation amending the APRA Act to allow for the appointment of up to two deputy chairs. APRA chair Wayne Byres said the regulator would ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
... funds. And the best people with the right skills must sit on the boards of super funds," she said. The PC recommends legislation which would require trustees of all super funds to use and disclose a process to assess, at least annually, their board's ...

Government consults on super access for victims of crime

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
... financial hardship grounds. The consultation process is open until 15 June 2018, with the Government aiming to introduce legislation before the end of the year.

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... clean" and clear any pile of unpaid super without copping late payment penalties from the Government, according to legislation introduced in the Parliament today. The "once off" amnesty doesn't let the underpaying employers completely off the hook ...

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
... AustralianSuper batting for it while the private health insurance industry raises its concerns. MLC Life Insurance is supporting legislation changes to allow life insurers to fund medical treatments for rehabilitating customers, arguing that it will ...