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Showing 851 - 860 of 2023 results for "Legislation"

Government opens doors to offshore investment vehicles

ALEX BURKE  |  FRIDAY, 25 AUG 2017
The Federal Government is seeking public consultation on the long-awaited legislation for the Asia Region Funds Passport and Corporate Collective Investment Vehicle (CCIV) regime. The exposure draft legislation for the Asia Region Funds Passport explains ...

SMSFA supports quarterly reporting proposal

EMMA RAPAPORT  |  TUESDAY, 22 AUG 2017
... John Maroney says event-based reporting, which is needed to implement the Government's transfer balance cap (TBC) legislation, is a significant shift from the current reporting arrangements. Therefore the ATO's move to "soft pedal" any changes by presenting ...

New ethical advice certification will drive consumer trust

JAMIE WILLIAMSON AND DARREN SNYDER  |  FRIDAY, 18 AUG 2017
... the highest ethical standards, not merely begrudgingly comply with minimum standards set in ethically compromised legislation," Brown said. Principal adviser at FinBiz Advisers, Annette Pulbrook, believes it is critical that an overriding code of ethics ...

Uniformity required to combat cyber threats

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2017
... stability of the financial system." In Australia cyber security regulations remain spread across multiple pieces of legislation and regulatory guides, though the release of Australia's Cyber Security Strategy in 2016 and the appointment of both the first ...

Major advice firm endorses first home super saver scheme

DARREN SNYDER  |  WEDNESDAY, 9 AUG 2017
... even though it has received backlash from superannuation industry bodies. Dixon Advisory believes the latest draft legislation proposes more flexibility than an earlier version of the scheme and is calling for bipartisan support in parliament - regardless ...

New Zealand advice industry to be overhauled

JAMIE WILLIAMSON  |  WEDNESDAY, 9 AUG 2017
... digital advice as it seeks to overhaul the country's regulatory regime for financial advisers. The Financial Services Legislation Amendment Bill, which was introduced to Parliament recently, is an omnibus Bill to amend the Financial Markets Conduct Act ...

First home super scheme may not make it to parliament in 2018

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
... announced following this years' Budget may not be introduced to Parliament before the end of the year. As per the Legislation Proposed for Introduction in the 2017 Spring Sittings, the only superannuation-related bill for debate will be the Public Sector ...

ACSI urges investor action on slavery, warns of financial risks

EMMA RAPAPORT  |  TUESDAY, 1 AUG 2017
... exposure, this issue is too important to be left to a few responsible corporations." Specifically, ACSI is calling for legislation which requires companies to monitor and address slavery risks in their operations and supply chains, including; mandatory ...

APRA cuts red tape on superannuation transfers

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
... but not equal" to the fund from which members are being transferred. The regulator also noted that while existing legislation requires a transfer "test" to be conducted at the individual level, "APRA considers that it would be open to an RSE licensee ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
... Australia's top super funds already host national and state-based member roadshows, as well as member meetings, but the new legislation would bring super funds more in line with public companies. This was acknowledged by Federal Minister for Revenue ...