Wednesday, November 23, 2011
|In this edition of Superannuation Alert:
> READ SUPERANNUATION ALERT - 23.11.11
- The House of Representatives Standing Committee on Economics recommended that Schedule 3 of the Tax Laws Amendment (2011 Measures No 8) Bill containing the phoenix company provisions be removed.
- On 14 November, the Federal Government released its forward work program. The program sets out the timetable for current and proposed consultation on tax and superannuation measures.
- On 15 November, APRA published a letter sent to RSE licensees on its expectations regarding arrangements between RSE licensees and "fund promoters" (being persons conducting activities for RSE licensees concerning "product design and/or marketing services").