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Showing 831 - 840 of 1609 results for "Transparency"

Labor cracks down on discretionary trusts

KARREN VERGARA  |  MONDAY, 31 JUL 2017
... distributions to minors at the top marginal tax rate. The changes are part of Labor's initiative to increase the transparency of tax structures by establishing a public beneficial ownership register for legal entities which include trusts.

Royal Commission unnecessary: FSC

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
... funds management industry, she noted. This aims to offer "best-in-class information about investments", provides transparency and security for investors, and sets a high bar for fund managers. Pointing to the financial advice sector, which is entering ...

MLC Life launches group insurance platform

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2017
... and most trusted life insurer which involves greater focus on fund and member engagement with life insurance and transparency, according to MLC Life chief customer officer of group insurance Suzanne Smith. Since purchasing an 80% stake in MLC Life last ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
... report in January 2018. "The Government remains committed to previously announced measures relating to governance, transparency, and increasing choice for members," O'Dwyer said. Public consultation over the draft legislation will close on Friday, 11 ...

Surge in adviser demand for managed accounts: Research

KARREN VERGARA  |  MONDAY, 24 JUL 2017
... months. The surge in popularity was driven by the availability of a professional managing the funds (65%) followed by transparency benefits and tailored investment options (equal 42%). Some 62% of advisers are seeing clients becoming more engaged as ...

Government paves the way for open banking

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
... banking and contribute to productivity growth," he said. Treasury also noted that greater access will "increase price transparency and enable comparison services to accurately assess how much a product would cost a consumer based on their behaviour and ...

Asset managers held to higher standard: FSC

EMMA RAPAPORT  |  THURSDAY, 20 JUL 2017
Investment managers and asset owners will face stricter reporting and transparency rules following the launch of Australia's first Internal Governance and Asset Stewardship Standard. The Standard, administered by the Financial Services Council (FSC) ...

New super product for investment savvy

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2017
... towards a comfortable retirement. On the other, many Australians are not engaged in their super funds due to lack of transparency and control. Many funds are index trackers, and members have few reasons to engage with their super accounts," the blog ...

Macquarie leads alternatives pack

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2017
... performance headwinds, he said, adding the "hedge fund industry needs to change, with those willing to offer greater transparency and display value for money likely to prosper going forward." One-third of alternative assets were held in pension funds ...

Government closes super loophole

EMMA RAPAPORT  |  MONDAY, 10 JUL 2017
... Gallagher said in a statement. "It is incumbent on the Government to address these issues and provide clarity and transparency on this issue." In a release issued on Friday, Federal Minister for Revenue and Financial Services Kelly O'Dwyer dismissed ...