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Showing 961 - 970 of 1948 results for "Proposal"

Super trustee bill before the Senate

DARREN SNYDER  |  MONDAY, 9 NOV 2015
... Authority (APRA) regulated super funds to have a minimum of one third independent directors on their respective boards. The proposal has received mixed industry responses. The Australian Institute of Company Directors (AICD) is one group supporting the ...

SMSFs welcome no dumping of LRBAs

DARREN SNYDER  |  SUNDAY, 8 NOV 2015
The Self-managed Independent Superannuation Funds Association (SISFA) said it will work with the federal government to ensure SMSFs can take advantage of future retirement income developments. Yesterday the government said it will support the Financial ...

Aspen revises fund merger proposal after Sunsuper bid

ALEX BURKE  |  WEDNESDAY, 4 NOV 2015
Aspen Group has issued an explanatory memorandum to shareholders regarding its revised merger proposal with the Aspen Parks Property Fund (APPF). Aspen originally proposed the merger in September, suggesting in its statement to the ASX that this would ...

FSC, Deloitte name Future Leader Award winner

LAURA MILLAN  |  MONDAY, 2 NOV 2015
... Council/Deloitte Future Leader award. Laura Bielinko was awarded for her creative approach to retirement income, which included a proposal backed by research. "Laura's recommendations included securing a 5% increase in the Age Pension for every year ...

ASIC changes market rules for Chi-X ETFs

ALEX BURKE  |  FRIDAY, 30 OCT 2015
ASIC has published changes to its market integrity rules for exchange-traded funds admitted to Chi-X Australia. Chi-X intends to launch its ETF market in Australia in 2016, following a consultation paper released in February 2015. ASIC said it "consulted ...

Labor questions APRA independence

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
The independence and role of Australia's financial regulator is under the spotlight after one of its senior officials briefed crossbench senators on proposed superannuation trustee legislation. Australian Prudential Regulation Authority (APRA) member ...

Deloitte super plan could save budget $6bn

DARREN SNYDER  |  MONDAY, 26 OCT 2015
Financial advisory firm Deloitte suggests a better superannuation tax system would be to update proposals from the Henry Review, as it would not add taxes to either earnings or benefits. Labeled a "circuit breaker" the updated plan would see every Australian ...

FSI response fans default super flames

MARK SMITH  |  WEDNESDAY, 21 OCT 2015
... to let them at it." The Financial Services Council has, on the other hand, thrown its support behind the government's proposal. The industry body which counts the big banks, BT, Macquarie and AMP among its membership, said in a statement that allowing ...

OPINION: What to do with the Tax White Paper!

ANDREW BRAGG, DIRECTOR OF POLICY, FINANCIAL SERVICES COUNCIL  |  WEDNESDAY, 21 OCT 2015
On 15 September, Malcolm Turnbull was sworn in as Australia's 29th Prime Minister. The new Prime Minister quickly identified tax reform as a priority of his economic vision in which he wanted to see a more agile, competitive Australia. The timing and ...

FSI retirement response receives support

DARREN SNYDER  |  TUESDAY, 20 OCT 2015
... products." Mercer managing director and Pacific market leader, Ben Walsh, is calling on the government to enact the CIPR proposal within two years. "For too long there has been an undue emphasis on the accumulation phase as opposed to the retirement ...