Search ResultsShowing 1 - 10 of 50 results for "Treasury Laws Amendment"
Bill to defer adviser education standards tabled
ELIZABETH MCARTHUR  |  THURSDAY, 5 DEC 2019
... Financial Advisers and Financial Planning Association of Australia fought for, were introduced under Treasury Laws Amendment (2019 Measures No.3) Bill 2019 - which a range of amendments.
FSC hails super choice amendments
HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... step forward for default super. FSC chief executive Sally Loane welcomed yesterday's introduction of the Treasury Laws Amendment (Your Superannuation, Your Choice) bill to the House of Representatives, and said the changes - which will allow up to one ...
Super investment menus not what they seem: Rice Warner
ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... questions whether superannuation investment menus are really appropriately designed for members. Since the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2018 passed in April 2019 new requirements for ...
Grandfathered commissions ban passes
ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... benefit of any conflicted remuneration payable under a contract must be passed on to the client. The Treasury Laws Amendment (Ending Grandfathered Conflicted Remuneration) Bill 2019 was first introduced to parliament at the start of August and passed ...
Super trustees must do better: Byres
HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... strengthened by stronger prudential standards and enforcement powers. Byres specifically noted the impact of the Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No 1) Bill 2019 and the new prudential standard ...
Government moves to expand design, distribution laws
HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
... Commission," Treasurer Josh Frdenberg said. The regulations will commence in April 2021 as part of the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2019 , subject to the result of the consultation ...
APRA slaps traffic light ratings on super funds
KARREN VERGARA  |  TUESDAY, 3 SEP 2019
... are delivering sound, value-for-money outcomes for members. SPS 515 complements the newly legislated Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No.1) Act 2019, she said. Where the legislation requires ...
Salary sacrifice loophole bill insufficient: ISA
KRISTI CHENG  |  MONDAY, 19 AUG 2019
... according to Industry Super Australia. That was the main point in the body's submission to Schedule 7 of the Treasury Laws Amendment Bill 2019 consultation. The bill seeks to close a loophole allowing employers to count a worker's salary sacrifice contribution ...
ASIC warns trustees on employer inducements
KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... (Supervision) Act 1993 was recently amended to facilitate the provision. The new law is also part of the Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No 1) Bill 2019 , which passed on April 4. ASIC ...
Final nail in the coffin for grandfathered commissions
KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... Hume revealed Coalition plans to introduce the legislation later this week, in a joint statement. The Treasury Laws Amendment (Ending Grandfathered Conflicted Remuneration) Bill 2019 implements the government's response to the final report, to end ...
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