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Showing 801 - 810 of 2022 results for "Legislation"

Successful implementation of super code critical

STEPHEN FAY, JAMIE WILLIAMSON  |  THURSDAY, 15 MAR 2018
... better outcomes for members. Fahy said he supports the "constructive ambiguity" of the code in contrast to prescribed legislation, though highlighted that super funds should already consider themselves "bound to good member outcomes." Acknowledging the ...

AIST names Governance Code panel

JAMIE WILLIAMSON  |  THURSDAY, 15 MAR 2018
... said the fragmented approach of different government inquiries, reviews by regulators and a haphazard approach to legislation has undermined the superannuation system's development; hindering it from keeping pace with the changing nature of the workforce. ...

Regulatory disruption hampers long-term vision for super

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAR 2018
... said the fragmented approach of different government inquiries, reviews by regulators and a haphazard approach to legislation has undermined the superannuation system's development; hindering it from keeping pace with the changing nature of the workforce. ...

Australia ticks boxes for ultra-high-net-worth individuals

KARREN VERGARA  |  MONDAY, 12 MAR 2018
... land surcharge from 0.75% to 2% in July 2017. In the same month, Treasury released a draft paper detailing proposed legislation to remove the main residence exemption for capital gains tax for foreign residents, the report said. Australia "ticks all ...

Global Merces launches managed funds regtech

KARREN VERGARA  |  FRIDAY, 9 MAR 2018
... they consulted extensively with legal and regulatory advisers in developing the software and pointed out that most legislation doesn't require wet signatures. The ATO for example uses voice-based identification, she said. Grofski added that version three ...

SMSF industry hails ATO appointment

JAMIE WILLIAMSON  |  TUESDAY, 6 MAR 2018
... her for her contribution to the SMSF space. "She has been crucial to the implementation of the new superannuation legislation, forging the SMSF Association-ATO strategic partnership, and for nurturing the ongoing positive relationship between the SMSF ...

Is risk advice at risk?

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2018
... understand transition to retirement strategies, the intricacies of managed funds, or the latest superannuation caps legislation. That kind of education is not appropriate," he said.

ATO to advance early release of super: O'Dwyer

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
Draft legislation that allows the ATO to facilitate the early release of superannuation is open for consultation. Treasury has released the exposure draft overnight that aims to expedite the early release of super funds and "improve the integrity of ...

O'Dwyer proposes TRIS changes

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
... reversionary income stream products, reducing administrative complexity and confusion, O'Dwyer added. According to the draft legislation, the change will allow the original TRIS to be paid to the dependant beneficiary and no longer have to be commuted ...

AFA working to bust FASEA myths

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2018
... recognise degrees that are older than 10 years," the statement said. With the objective of the professional standards legislation being to ensure all financial advisers are degree qualified, the AFA's perspective is that those who have already completed ...