Sentences with phrase «of superannuation industry»

There are calls for tighter regulatory controls of the superannuation industry, with reports more and more self - managed super funds are turning to volatile cryptocurrencies.

The Australian Prudential Regulation Authority (APRA) oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurance, friendly societies and most members of the superannuation industry.

Any contributions received after this date are not required under law to be returned, due to subregulation 7.04 (3) of the Superannuation Industry (Supervision) Regulations 1994 being repealed.

The Super System Review of the superannuation industry was completed in mid-2010, a year after the industry crossed the AUD 1.1 trillion asset mark.

If the private company is a related party of the SMSF, the purchase would be a prohibited acquisition and a breach of section 66 of the Superannuation Industry (Supervision) Act 1993 (SISA) would occur.

It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance companies, friendly societies, and most of the superannuation industry.

that meets the standards of Superannuation Industry (Supervision) Regulations 1994 subregulation 1.06 (2), 1.06 (7) or 1.06 (8).

An auditor / actuary contravention report (ACR) is used to report certain contraventions of the Superannuation Industry (Supervision) Act 1993 (SISA) and Superannuation Industry (Supervision) regulations (SISR) to us.

Not exact matches

Ben Gray's exquisitely timed $ 4.1 billion takeover of hospitals group Healthscope is the perfect catalyst to explore the radical shift occurring in Australia's capital markets led by industry superannuation funds.

Deloitte Private has a strong team of super industry specialists dedicated to ensuring our clients are best positioned to get the most out of their superannuation strategies and opportunities are utilised.

«AMP is well placed to take advantage of the growing pool of superannuation and fund management assets as the superannuation industry doubles in size by 2026.

First State Super head of income and real assets Damien Webb, a senior executive for one of the nation's largest superannuation funds, said the superannuation industry's view of agriculture was changing and he expected much more capital to flow into agriculture investments.

«Supporting Australian industry — whether that be in agriculture or venture capital — is one of the enormous advantages that Australia has as a superannuation system.»

Generally, preserved benefits must be kept in a super fund, ADF or RSA until the member has met a condition of release under the Superannuation Industry (Supervision) Act 1993.

Mainstream provides administration services to the funds management and superannuation industries, helping to take care of day to day activities such as unit pricing, investor communication, and the processing of investor applications and redemptions.

The Commissioner has become aware that industry participants have inferred that subsection 307 - 5 (3) provides a mechanism for the spouse of a deceased member to roll over a death benefit income stream and retain the amounts as their own superannuation interest without the need to immediately cash - out that benefit.