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Showing 981 - 990 of 2023 results for "Legislation"

Equip appoints new board members

DARREN SNYDER  |  FRIDAY, 1 APR 2016
... elected board members to allow for the appointment of two independent directors. An Equip statement said the delay in legislation enabling the appointment of independent directors required the fund to apply to the Australian Prudential Regulation Authority ...

AMMA adds voice to superannuation choice

KERRIE SYDEE  |  MONDAY, 21 MAR 2016
AMMA (Australian Mines and Metals Association) has welcomed proposed legislation to ensure unions cannot stop Australian employees choosing their own superannuation fund. In response to the Superannuation Legislation Amendment (Choice of Fund) Bill ...

FSC salutes choice reforms, ISA calls for more transparency

ALEX BURKE  |  FRIDAY, 18 MAR 2016
The Financial Services Council has applauded new legislation to widen default superannuation fund choice, while Industry Super Australia has said more MySuper fund transparency is required. FSC chief executive Sally Loane supported the Superannuation ...

Industry funds happy SG charge retained

MARK SMITH  |  THURSDAY, 17 MAR 2016
... by employers who fail to make their quarterly SG contributions on time. It was set to be diluted under the Treasury Legislation Amendment (Repeal Day 2015) Bill, but a last minute amendment has seen it removed. The Australian Institute of Superannuation ...

Mercer calls for total retirement income perspective

KERRIE SYDEE  |  THURSDAY, 17 MAR 2016
... as they do is challenging. "There are potential short-term gains for the government to have objectives enshrined in legislation - but it is important we don't lose sight of the long-term opportunity here. It's a good idea, let's just make sure we do ...

Senate recommends immediate adviser bans following "bitter harvest"

ALEX BURKE  |  TUESDAY, 15 MAR 2016
... "incentive payments". As such, the committee recommended ASIC be "vigilant" in monitoring the application of FoFA legislation and advise government on any existing legislative weaknesses. Part of this would involve new amendments which would both ensure ...

Govt announces superannuation's objective

ALEX DUNNIN  |  WEDNESDAY, 9 MAR 2016
... discussion paper outlining the formal objective of Australia's superannuation system that it proposes to enshrine in legislation. The words the government is proposing are the same as those recommended by the Financial System Inquiry: 'To provide income ...

Labor wants stronger LIF rules

ALEX BURKE  |  FRIDAY, 4 MAR 2016
Legislation based on the Life Insurance Framework doesn't go far enough according to Shadow Minister for Financial Services and Superannuation, Jim Chalmers. Discussing the Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 ...

Tax incentives for early stage investors too narrow: KPMG

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
... prefers the concept of corporate vehicles for investment funds. But this will require a significant enactment of new legislation for innovation company taxation (such as definition of dividends and returns of capital). Unit trusts can achieve the same ...

SEC to run ad campaign promoting online consumer adviser checks

ALEX DUNNIN  |  FRIDAY, 4 MAR 2016
... vigorously resisted by the securities industry ever since President Obama initiated the reforms following the GFC. Legislation underpinning the reform is not expected to pass the House as Speaker Paul Ryan last month voiced his support to the fiduciary ...