181-190 of 225 results
Tax musings
You would need to have been living under a large rock with your hearing aid turned off not to be aware of the current debates raging in relation to tax But it is hard to sort the wood from the trees or the real facts and issues from all the surrounding noise ...
2018-19 Federal Budget - superannuation
The 2018-19 Federal Budget has introduced a number of proposed superannuation-related changes, with a focus on protecting small balances, young members and existing retirees. ...
A cautionary tale – let sleeping employees lie
A recent Fair Work Commission decision has confirmed that procedural deficiencies will render a dismissal unfair even where the dismissal involves serious misconduct. ...
Updated fee and cost disclosure - transition period extended
ASIC has today announced that superannuation fund trustees and responsible entities will have until 1 October 2017 to comply with the updated fee and cost disclosure rules for PDSs set out in ASIC Regulatory Guide 97 and ASIC Class Order 141252 - but only if they comply with certain conditions ...
The interim report of the Financial System Inquiry
The Financial System Inquiry Interim Report was issued today There are few surprises in the options and comments although there are some significant omissions There does not appear to be any push for a significant shift in policy or in the regulation of the financial system There will be adjustments ...
Senate releases report on FOFA Bill
Last night the Senate Economics Legislation Committee released its report on the Corporations Amendment Streamlining of Future of Financial Advice Bill 2014 The Committees recommendations could lead to changes in the treatment of scaled advice and general advice Partner Michelle Levy and Senior ...
ASIC proposes changes to fees and costs disclosure
ASIC has released for industry comment a draft Class Order which would amend the fees and costs disclosure requirements that apply to superannuation and managed investment products The key proposed amendments relate to the way in which indirect costs must be disclosed Senior Associate Simun Soljo ...
The Financial System Inquiry - matchmaking superannuation and infrastructure investment?
The vast pool of capital held in Australian superannuation funds now approximately A18 trillion has long been touted as a natural solution to Australias infrastructure funding deficit With the stable long-term cash flows characteristic of infrastructure assets providing a natural fit to the ...
Retirement phase of superannuation
The Financial System Inquirys interim report has identified the retirement phase of superannuation as a priority issue that requires change If the Federal Government decides to implement various policy options to encourage the development of more suitable products it could result in significant ...
Approved product lists and FoFA adviser duties
The FoFA duties that apply to personal advice given to retail clients have been operating for over four years now. ASIC has enjoyed some recent success in the courts in cases brought on the basis of those duties. ...