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Showing 781 - 790 of 1927 results for "Treasurer"

US project to end pension politics

KANIKA SOOD  |  MONDAY, 30 APR 2018
An American non-profit - led by a former state treasurer - is demanding pension plan managers stop putting politics before prudent investment. The Institute for Pension Fund Integrity (IPFI) says if a fund manager is investing pension money based on ...

Royal Commission bad for super: Switzer

ALEX BURKE, JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Switzer Group founder Peter Switzer argued that the Royal Commission is a "super-killing blood-sport" that will ultimately hurt super member balances. Writing in a Switzer Daily column, Switzer said he had mixed feelings about the Commission, arguing ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... bank in 2015, CBA executive general manager, Commonwealth Private Marianne Perkovic acknowledged. Meanwhile Federal Treasurer Scott Morrison, while door stopping in Sydney said he had great confidence in ASIC's ability to deal with matters raised during ...

Government ramps up ASIC powers

ALEX BURKE  |  FRIDAY, 20 APR 2018
... Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers. Treasurer Scott Morrison and Minister for Revenue and Financial Services Kelly O'Dwyer said the new penalties "represent the most significant ...

Treasurer backs ASIC investigations

DARREN SNYDER  |  THURSDAY, 19 APR 2018
Federal Treasurer Scott Morrison has great confidence in ASIC's ability to deal with matters raised during the financial services Royal Commission this week. At a doorstop interview in Sydney, Morrison advised that ASIC has been investigating and continues ...

SMSFs investing restrictions unfair: Poll

KARREN VERGARA  |  MONDAY, 16 APR 2018
... and regulation - more than a third (38%) of these strongly agree this is unwarranted. In last year's Federal Budget, Treasurer Scott Morrison announced new measures that would eliminate limited recourse borrowing arrangement (LBRA) loopholes for SMSFs. ...

Open banking data to become super fund value add: QMV

KANIKA SOOD  |  FRIDAY, 13 APR 2018
... enough," Steffanoni said. Open banking to boost advice: Read here Open banking hit the spotlight in February when federal treasurer Scott Morrisson made 50 recommendations on regulatory frameworks and data safeguards for its rollout. It lets people share ...

Industry welcomes pensioners' dividend tax policy exemption: Poll

KARREN VERGARA  |  TUESDAY, 3 APR 2018
... credit reform is welcomed by the majority of the industry, Financial Standard's latest spot poll shows. Prior to shadow treasurer Chris Bowen announcing pensioners would be exempt from the potential reforms, 87% of poll respondents expressed strong concerns ...

Government increases market manipulation penalties

JAMIE WILLIAMSON  |  THURSDAY, 29 MAR 2018
... threatened. Legitimate business activity that unintentionally moves a benchmark will not constitute an offence. Federal Treasurer Scott Morrison said the reforms will better protect Australians from the potential abuse of financial markets. "I am pleased ...

Labor's amended cash dividend refunds fall short: SMSFA

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... pensioners from abolishing cash refunds for excess dividend imputation credits when the policy commences in July 2019. Shadow treasurer Chris Bowen said: "We believe in a fair go for pensioners. We know they are struggling with the cost of living, especially ...