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Showing 101 - 110 of 215 results for "Consultation Paper 212"

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
Under new proposed changes by the corporate regulator, consumers will be able to compare superannuation funds and investment products more easily. ASIC released its response to Report 581, an independent review conducted by regulatory expert Darren ...

ASIC drags RG97 transition period

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
ASIC has again delayed the transition period for certain fee and cost disclosure requirements under RG97. The superannuation industry has another year to comply with disclosing property operating costs in product disclosure statements to 30 September ...

ASIC unveils RG97 review

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
ASIC has welcomed an independent report proposing 34 changes to fee transparency for superannuation funds and managed investments under Regulatory Guide 97. The report, prepared by managed investments and super regulation veteran Darren McShane, engaged ...

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
ASIC released its consultation paper detailing proposals for approving and supervising compliance schemes for the incoming code of ethics that all financial advisers must adhere to. Under the professional standards legislation, the code of ethics developed ...

Government releases super tax measures for consultation

ALEX BURKE  |  FRIDAY, 12 JAN 2018
The Government has released its draft legislation regarding taxation integrity measures for the superannuation system. The consultation paper addresses two specific measures: the first concerns a member's share of the outstanding balance of a limited ...

Early super release consultation opens

KARREN VERGARA  |  THURSDAY, 21 DEC 2017
The Federal Government's proposed changes to the early release of superannuation are open for consultation until 12 February 2018. The review will also consider compassionate and severe financial hardships, as well as terminal medical conditions and ...

Treasury rolls out ASIC industry funding fee paper

ALEX BURKE  |  FRIDAY, 24 NOV 2017
The Treasury has released its consultation paper for the specific costs ASIC aims to recover from entities the regulator supervises. These costs will include fees for document compliance reviews, licence applications or variations, applications for ...

ASIC appoints former AFA chief

ALEX BURKE  |  MONDAY, 13 NOV 2017
ASIC has named the 18 members of its Financial Services and Credit Panel (FSCP), including the former chief executive of the Association of Financial Advisers. Brad Fox will join the FSCP along with Annette Spencer, Bruce Debenham, Calvert Duffy, Christina ...

O'Dwyer urges AFCA consultation

KARREN VERGARA  |  FRIDAY, 3 NOV 2017
The Revenue and Financial Services Minister today welcomed a consultation paper on the terms of reference, governance and funding arrangements for the Australian Financial Complaints Authority (AFCA). AFCA, expected to operate as of 1 July 2018, is ...

Broaden ASIC banning powers: Report

KARREN VERGARA  |  THURSDAY, 7 SEP 2017
The corporate regulator could soon have increased power to ban "unfit" senior managers, directors and officers of financial services companies. This is the key recommendation the ASIC Enforcement Review Taskforce flagged in its sixth report aiming to ...