senate

Superannuation

Govt puts super fund governance back on agenda

Despite suggestions it had shelved its push for majority independent directors on superannuation fund boards, the Government has made clear the issue remains very much al...

Policy & Regulation

Lawyers argue against post-sale product intervention

The Law Council of Australia has urged the Government that it needs to amend proposed new financial product design and distribution laws to exclude intervention in produc...

Policy & Regulation

Planning firms to benefit from $20,000 instant asset write-off

Most financial planning businesses will be eligible for a $20,000 instant asset write-off as part of legislation which passed the Senate on Wednesday....

Policy & Regulation

ASIC wants product intervention power with teeth

The Australian Securities and Investments Commission wants its new product intervention power to have enough teeth to preclude participants in the financial services food...

Superannuation

Senate cross-bench to decide fate of super changes

The Federal Opposition has confirmed its intention to oppose or amend the Government’s key superannuation legislation changes meaning governance and choice issues will be...

Financial planning

ASIC funding model passes Senate

The new industry funding model for the Australian Securities and Investments Commissions has passed through the Senate....

Policy & Regulation

Senate told to wait on whistleblowing

The Governance Institute has urged the Senate to wait for hard evidence from a whistleblowing project from Griffith University before making recommendations rather than r...

People & Products

Former Labor Senator gets Super SA appointment

The South Australian Labor Government has appointed a former state and federal Labor Parliamentarian as the presiding member of Super SA....

Tools & guides

Mind the retirement gender gap

Employer initiatives, government policies, and legislation are all needed to help close the gender gap in retirement. While the Senate inquiry and Budget proposals seem t...

Superannuation

Don’t tax super on the way in

If super was not taxed on the way in and during accumulation, the tax office would be creative enough to work around making it an estate planning vehicle, a Senator belie...