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Showing 31 - 40 of 90 results for "Senators"

Senate inquiry into gender retirement income gap launched

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
... reviewed by March next year after the Senate was instructed to conduct an inquiry yesterday. A cross-party motion by Senators Jenny McAllister (Labor), Sean Edwards (Liberal) and Larissa Waters (Greens) was supported by the Senate. The Senate Economics ...

Glass-Steagall Act reintroduced to US Senate

ALEX DUNNIN  |  THURSDAY, 9 JUL 2015
... activities has been re-introduced into the US Senate. The legislation has been sponsored by GOP, Democrat and Independent Senators Elizabeth Warren, John McCain, Maria Cantwell and Angus King. A statement issued by the fiercely pro-consumer and Wall ...

Labor now opposes advice Royal Commission

LAURA MILLAN  |  WEDNESDAY, 24 JUN 2015
Labor and the Coalition are opposing renewed calls from Greens senators for a Royal Commission into financial advice and financial institutions. Greens Senator Peter Whish-Wilson filed a notice of motion on Tuesday calling on the government "to establish ...

Widen access to PLS, say cross-bench senators

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
Senators Jacqui Lambie, Glenn Lazarus, Ricky Muir and Nick Xenophon have called on the government and opposition to back legislation to broaden access to the Pension Loan Scheme (PLS). The PLS, established by the Hawke government in 1983, is a reverse ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... compensate clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory financial advice victim insurance scheme at the Senate Economics References ...

Cormann to keep up the FoFA fight

ALICE URIBE  |  THURSDAY, 20 NOV 2014
... have inquired into those laws and have recommended their passage. We will continue the conversation with cross bench Senators and let's see where we end up," Cormann told Chris Uhlmann on ABC AM. "The Senate, over the past four months, supported our ...

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
... advice. At the time, the government had the support of Senator Lambie and PUP ally Ricky Muir. But on Wednesday both senators announced they would back the opposition, helping give Labor the numbers needed for a disallowance motion. Senator Lambie blamed ...

FoFA disallowance could put industry into breach of law

LAURA MILLAN  |  WEDNESDAY, 19 NOV 2014
A Senate alliance between Labor, the Greens and three crossbench Senators has pushed for a motion to disallow the Coalition's proposed changes to the Future of Financial Advice (FoFA) legislation in a move that could put the industry immediately into ...

AFA to lobby for MySuper opt in arrangement

LAURA MILLAN  |  FRIDAY, 17 OCT 2014
... to MySuper] and what they're going to lose if they do it." He said that the AFA has raised the issue with a number of Senators and Members of Parliament, including some crossbenchers. "They are almost disbelieving that this is what's about to happen," ...

Coalition secures PUP support on FoFA vote

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
... Financial Advice (FoFA) legislation after it secured the support from Palmer United Party (PUP) and other crossbench Senators. Labor Senator Sam Dastiary's attempt to disallow the government's proposed changes to the Future of Financial Advice (FoFA) ...