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Showing 61 - 70 of 2018 results for "Legislation"

Anti-hawking exemption for advisers a 'silly carve out': SCA

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
Super Consumers Australia (SCA) is calling on the government to alter anti-hawking legislation to ensure consistency between selling financial services and financial products. In response to an Australian Competition and Consumer Commission (ACCC) consultation ...

Account number issue causes angst, undue admin work: FAAA

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... meeting with ASIC in mid-April. They confirmed that they did not consider alternative options existed within the primary legislation and were definitive in terms of the need for the account number to be on the consent form when it is signed by the client," ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... also said the financial outcome depends on the professional indemnity insurance from relevant parties and existing legislation that protects members within the superannuation framework. "AFCA has advised that the complaints remain at an early stage ...

Payday super delays will cost workers: ASFA

ELIZA BAVIN  |  FRIDAY, 8 AUG 2025
... 2023-24 Federal Budget, with a proposed start date of 1 July 2026, but urged the government to pass the necessary legislation. ASFA said while some organisations in the financial services sector have called for further delays, the superannuation industry ...

'We're proceeding' with Div 296: Chalmers

ELIZA BAVIN  |  THURSDAY, 31 JUL 2025
Legislation for the government's $3 million super tax has been pushed to beyond next month's Economic Reform Roundtable, but Treasurer Jim Chalmers said the government has every intention to proceed as planned. "We're proceeding with the policy that ...

Bennelong boutique shuts up shop

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUL 2025
... $3.5 billion in funds under management. Burke attributed the decision to pressure from the Your Future, Your Super legislation, institutions' efforts to in-house investments, and a weak asset raising environment. However, he added: "There are always ...

Mulino sits on Tranche 2 for now, grapples with complexity

KARREN VERGARA  |  WEDNESDAY, 30 JUL 2025
... detail matters in an area like this, so I want to get this right, but the next step will be to put out exposure draft legislation on [DBFO 2] so that people can then fully digest all of those elements holistically." With respect to the sustainability ...

Stop delaying Payday Super laws, says SMC

JAMIE WILLIAMSON  |  TUESDAY, 15 JUL 2025
... super laws implemented as scheduled. Payday super laws are slated to come into effect on 1 July 2026; however, the legislation remains yet to be passed by Parliament, with the draft bill only released in March this year. The legislation would require ...

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... would the US entity exclusion play out at the global and Australian domestic level, and will there be roll-back of the legislation, given the intention of these laws is predominantly to target US multinationals?" the Melbourne-based accounting firm writes. ...

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
... Treasury Laws Amendment (Financial Market Infrastructure and other measures) Bill in September 2024. Under new the legislation, ASIC is primarily responsible for the licensing regime, while the RBA will oversee the financial system stability and supervise ...