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Showing 61 - 70 of 196 results for %22Superannuation Industry Regulations%22

Super funds grapple with PYSP deadline

KARREN VERGARA  |  FRIDAY, 10 MAY 2019
The looming Protecting Your Super reforms is putting some superannuation funds at risk of not meeting the deadline as they scramble to have compliant systems and processes in place. QMV principal consultant for legal and risk Jonathan Steffanoni says ...

The problem the Productivity Commission is trying to fix

ALEX DUNNIN  |  THURSDAY, 10 JAN 2019
Australia's superannuation sector in trying to digest the Productivity Commission's 700-page report with its 31 recommendations need to keep in mind the massive structural problems it is trying to fix. The fundamental problem that has perplexed ...

FPA reviews disciplinary regulations

JAMIE WILLIAMSON  |  WEDNESDAY, 12 DEC 2018
... opportunity to review our processes in light of the learnings from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry."

EQT creates governance analysis role

JAMIE WILLIAMSON  |  THURSDAY, 5 JUL 2018
... Equity Trustees has appointed a former Atchison Consultants investment analyst to a newly-created role within its superannuation trustee business. Binesh Seetanah joined EQT's Superannuation Portfolio Services as an investment governance analyst last ...

Industry fund calls for tougher SMSF rules

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
A $1.6 billion industry superannuation fund is calling for new regulations to make it tougher for people with low account balances to set up a self-managed superannuation fund. REI Super, a public offer fund with its roots tied to the real estate industry ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... lifetime. Its other demands are the similar to last year: tax deductible status for financial planning fees, increasing superannuation contributions, promoting financial literacy for women, inclusion of financial planners in Statutory Declaration Regulations ...

ASIC fees to more than double

JAMIE WILLIAMSON  |  THURSDAY, 12 APR 2018
... while the $50,000 cap will climb to $300,000 along with the $100,000 cap. In regards to establishing a self-managed superannuation fund, fees have increased and ASIC will also now be able to charge new fees for an application to vary or revoke the conditions ...

SMSF tool receives industry tick

HARRISON WORLEY  |  MONDAY, 9 APR 2018
... ensures the SMSF sector is given timely updates on any new or emerging potential compliance risks stemming from superannuation regulatory and income tax arrangements. The association, which represents 1.1 million SMSF members, says it agrees with the ...

SMSF trustees warned on non-compliant crypto

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... investing in cryptocurrency on behalf of their SMSF as an individual - a clear but unintended violation of the Superannuation Industry (Supervision) Act 1993. Pleash said the cryptocurrency boom over the last 12 months has seen a number of SMSF trustees ...

Conflicted SMSF auditor disqualified

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
... director of the corporate trustee. Taylor was referred to the regulator by the ATO under section 128P of the Superannuation Industry (Supervision) Act 1993. The provision allows the Commissioner of Taxation to do so if they believe an approved auditor ...