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| | | ... satisfaction rating and saving significant administration time for small businesses using the free service. Bill Shorten assistant treasurer and minister for superannuation, said, "Take-up has been extremely encouraging, with the Clearing House processing ... |
| | | | ... 15 per cent superannuation contribution tax from 1 July 2012 for 3.5 million Australians who earn less than $37,000, assistant treasurer and minister for financial services and superannuation, Bill Shorten, announced today. Designed to boost lower income ... |
| | | | ... recoup the lost $55 million for the victims of failed investment firm, Trio Capital. Under new regulations announced, Assistant Treasurer Bill Shorten has raised the maximum levy payment amount for the 30 largest super funds from $500,000 to $750,000. ... |
| | | | Assistant Treasurer, Bill Shorten, has today announced the phasing out of drawdown relief for pensioners but made provisions for 2011-12, expected to benefit some 120,000 self-funded retirees. Under past regulations, self-funded retirees were required ... |
| | | | Assistant Treasurer Bill Shorten has refuted claims made by planner association critics that have suggested his FOFA reforms are an industry funds puppet, with a spokesman labelling the claims as "a bit rich". Yesterday the Association of Financial ... |
| | | | Financial planners won't lose out on all commissions after Assistant Treasurer Bill Shorten confirmed the ban on commissions will not cover property investments, pushing opportunities for planners in the self-managed super fund (SMSF) space. Property ... |
| | | | ... banks issued between 2009 and 2010 under the New Zealand Government's wholesale funding guarantee facility. Marina Ip, assistant vice president and analyst at Moody's, told Financial Standard the downgrade reflected the pressures on New Zealand banks ... |
| | | | ... yesterday left its rating on AMP Capital Core Property Fund unaffected after the resignation of Michael Winnel, the assistant fund manager. Winnel will leave the five-star rated fund on July 4 while Mark Flockhart, head of AMP Capital's Property Portfolio ... |
| | | | ... estimated that 21,225 people or 73 per cent of those breaching the caps made excess contributions of less than $10,000, Assistant Treasurer Bill Shorten's office said. The figures for 2009-10 were not immediately available. Financial adviser Liam Diggin ... |
| | | | ... Australian market licence is under consideration. The Government expects to announce a decision soon," said Bill Shorten, Assistant Treasurer. Most of ASIC's new market integrity rules come into play on October 31 2011, giving industry participants time ... |
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