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Showing 1 - 10 of 27 results for "Financial Arrangements"

VanEck reduces management fees on ETFs

CASSANDRA BALDINI  |  MONDAY, 19 JUN 2023
... Hedged. "Unlike most global listed infrastructure and global listed property funds, VanEck adopts Taxation of Financial Arrangements (ToFA) currency hedging rules," VanEck said. "The rules enable smooth income to be maintained over time. VanEck's tax ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... proposed to amend the debt/equity tax rules; the 2016-17 Budget measure that proposed changing the taxation of financial arrangements (TOFA) rules; and proposed changes to the taxation of asset-backed financing arrangements. It has also scrapped the ...

Fifth pillar in retirement system considered

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... a step further, saying several submissions suggested more pillars, ranging from work in retirement, non-financial arrangements, Jobseeker Allowance for the involuntarily retired, private intergenerational transfers and health and long-term care. "The ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... announced but not yet delivered funds management tax reforms, including those relating to the Taxation of Financial Arrangements, particularly foreign exchange hedging and the Investment Manager Regime, as well as an expansion of functional currency ...

IOOF to provide fee relief to adviser network

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... whether to access their super early, take a ' holiday' from their mortgage, or refinance existing loans and financial arrangements. "None of these decisions are easy without appropriate knowledge, tools and guidance. Providing that guidance is where ...

Energy Super launches group insurance platform

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2017
... giving them direct control and visibility. "More and more, our members are demanding a clear view of their financial arrangements and to have a say in how it all works - whether it be superannuation, insurance or investment," Petrou said. MLC Life announced ...

Melbourne advice firm cops historic $1 million fine

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
... accounts, as well as take up insurance policies, that committed them to costly, unsuitable and unnecessary financial arrangements between July 2013 and August 2015. The Court found the failures by NSG to ensure compliance by its representatives were ...

ASIC wins first court action for FoFA breaches

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
... advised to rollover superannuation accounts that committed them to costly, unsuitable, and unnecessary financial arrangements. Oppenheim Legal solicitor Warwick Heeson said the findings highlight the obligations authorised representatives have to put ...

Custodians turn attention to CIVs and MITs

DARREN SNYDER  |  THURSDAY, 9 FEB 2017
... there will be increased focus on withholding tax (WHT) for newly proposed investment structures and tax on financial arrangements (TOFA). Under operations, the proposed CHESS replacement, improvements in the standardisation of processing of discount ...

ASIC issues first "best interests" duty penalty

ALEX BURKE  |  THURSDAY, 9 JUN 2016
... advised to rollover superannuation accounts "that committed them to costly, unsuitable, and unnecessary financial arrangements." The matter is listed before the Federal Court on July 8.
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