ASFA has used its pre-Budget submission to warn the Government that looming legislation will adversely impact the encouragement of income streams....
ASFA welcomes time-frame extension on electronic file formats SuperStream implementation....
An Auditor-General’s report is unlikely to dampen financial services industry grumbling about how AUSTRAC is funded. ...
Legislative changes impacting the co-contributions scheme and the consolidation of super accounts will be examined by a Parliamentary Committee....
FEX will become the first non-ASX clearing facility and begin operations in approximately six months following the set-up of commercial and logistical arrangements. ...
The Government has deferred any decision on licence applications from equities clearing facilities to enter Australia's clearing and settlement market ...
The Australian Securities Exchange (ASX) is confident the Government and the Australian Securities and Investments Commission (ASIC) can resolve high frequency trading is...
ASFA says small business should and can adopt the super data and payment standard on time, utilising the Government's Small Business Superannuation Clearing House (SBSCH)...
Pension accounts are too complex to be rolled over remotely by a super fund member through the ATO's proposed online portal, according to a submission made by ASFA....
APRA has been given enhanced powers over the superannuation industry, with the Superannuation Legislation Amendment Bill passing through Parliament on Tuesday....
The employer opt-out clause in the Productivity Commission's draft report on default arrangements in modern awards is not in the best interests of both parties, says AIST...
The Government has released draft exposure legislation on capital gains tax relief for merging superannuation funds....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...