Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 166 results for "PALM"

Government tables FoFA bill in House of Reps

LAURA MILLAN  |  WEDNESDAY, 27 AUG 2014
The Coalition has reintroduced the amendments of the Future of Financial Advice (FoFA) bill into the House of Representatives, reigniting the political debate around financial planning legislation. The government's move follows the opposition's failed ...

China's communist and it works

BENJAMIN ONG  |  TUESDAY, 19 AUG 2014
"As we travel down the road, side by side we'll share the load Hand in hand we'll see each other through." -- Kenny Nolan, "Love's Grown Deep" Not long now, Super Mario Draghi must be beaming with excitement for his upcoming date with Janet Yellen this ...

Senate saves the LISC

JAMES FERNYHOUGH  |  MONDAY, 21 JUL 2014
The low income superannuation contribution (LISC) scheme has been saved after the Senate blocked the repeal of measures related to the mining tax. The LISC, which was a spending measure associated with the Minerals Resource Rent Tax, was saved after ...

Cormann tables adviser register to "weed out bad apples"

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
A public register of financial advisers will help "weed out bad apples," the Financial Planning Association (FPA) said after the government announced the creation of a working group to consult with stakeholders. Finance Minister Mathias Cormann said ...

Government succeeds in securing final FoFA changes

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
The government's deal with the Palmer United Party (PUP) means that the proposed changes to the Future of Financial Advice (FoFA) legislation are set to go through. The final changes include the removal of the opt-in requirement, which asked clients ...

Labor, Greens will "keep fighting" after FoFA backflip

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
The Labor Party and the Greens met this morning to consider next steps after the Palmer United Party (PUP) and Motor Enthusiasts Senator Ricky Muir made a last-minute move to support the Future of Financial Advice (FoFA) amendments in the Senate last ...

Deal with government brings in consumer protection: Palmer

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
The Coalition's deal with the Palmer United Party (PUP) to retain the amendments to the Future of Financial Advice (FoFA) legislation will provide a guarantee of consumer protection, MP Clive Palmer has said. Speaking to journalists in Canberra, Palmer ...

FoFA disallowance vote will save "millions"

ALICE URIBE  |  TUESDAY, 15 JUL 2014
The government's deal with the Palmer United Party (PUP) to retain the Future of Financial Advice (FoFA) legislation will save the financial services industry millions of dollars according the Financial Planning Association (FPA). Commenting on the ...

Senate votes against disallowing FoFA amendments

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
The Labor and Greens attempt to disallow government changes to the Future of Financial Advice (FoFA) legislation failed after the Coalition was able to secure last-minute support from the Palmer United Party (PUP). The motion to disallow the government's ...

Intra-fund advice exemptions in doubt

JAMES FERNYHOUGH  |  TUESDAY, 8 JUL 2014
Industry super funds could face stricter rules around block charging members for financial advice if the Senate blocks the amendments to the Future of Financial Advice (FoFA) reforms, Finance Minister Mathias Cormann has said. Singling out exemptions ...