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Showing 1241 - 1250 of 2024 results for "Legislation"

Synchron in recruitment mode after grandfathering changes

LAURA MILLAN  |  TUESDAY, 21 JAN 2014

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
Assistant Treasurer Arthur Sinodinos has made public the reforms to the Future of Financial Advice (FoFA) legislation, which include the removal of the opt-in requirement and the streamlining of fee disclosure statements. The amendments are in line ...

Government scraps Labor's annuities reforms

JAMES FERNYHOUGH  |  MONDAY, 16 DEC 2013
... grant tax concessions to retirement income derived from deferred lifetime annuities (DLAs). Under Labor's proposed legislation announced as part of the 2013-14 budget, DLA earnings would have received the same tax concessions that investment earnings ...

FSC asks Son of Wallis Inquiry to focus on export growth

LAURA MILLAN  |  FRIDAY, 13 DEC 2013
... the inquiry to look at education standards for financial advisers and to review the impact of the FoFA and MySuper legislation on the sector. The Financial Planning Association (FPA) asked Treasury to allow time for the dust to settle after the major ...

Advisers "hopeful" to hear FoFA changes before 2014

LAURA MILLAN  |  FRIDAY, 13 DEC 2013
... Anderson explained that the association does not know if the cabinet has started to look at the amendments to the FoFA legislation. The changes need to be approved by the cabinet and the government will issue a proposal of legislative and regulatory ...

Law must change on corporate actions automation: DST

JAMES FERNYHOUGH  |  FRIDAY, 6 DEC 2013
... industry has done "quite a bit of work", there will need to be legislative changes. "Around corporate actions, the legislation still says that on an election, you must sign a piece of paper and deliver that piece of paper back to the share registry. ...

FSC report backs case for Asia Passport

LAURA MILLAN  |  THURSDAY, 5 DEC 2013
... versa. "We don't have any reason to suggest it won't happen," Brogden said, but added that "it's not an easy piece of legislation." However, he considered an achievement the fact that the proposal is already in the Government's agenda and hoped that ...

FPA to lobby against FoFA redundancy

LAURA MILLAN  |  THURSDAY, 5 DEC 2013
... redundancies out of the Future of Financial Advice (FoFA) reforms as soon as the government issues its proposal to amend the legislation. "Opt-in is redundant in a fee-for-service world where advisers have a best interest duty and where fee disclosure ...

FPA expects TASA to require "massive" efforts

LAURA MILLAN  |  WEDNESDAY, 4 DEC 2013
... agents and RG146 education processes. Rantall also said that the FPA might ask for another extension of TASA if the legislation and the requirements are not ready by July 1, 2014.

Inquiry recommends MRRT and LISC be scrapped

MARK SMITH  |  TUESDAY, 3 DEC 2013
The low income superannuation contribution (LISC) looks set to be scrapped following the Senate Economics Legislation Committee's recommendation that the Minerals Resource Rent Tax (MRRT) and Other Measures Bill 2013 be passed. In its report to the ...