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Showing 111 - 120 of 236 results for "Consultation Paper"

Consultation opens for claim handling changes

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
... concern is that claims handling staff may suddenly be deemed as providing personal financial advice. A Treasury consultation paper released late last week argues removing just the insurance claims handling exemption might create uncertainty over what ...

Platform fee disclosures overlooked: ISA

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... changes but pointed out that several areas fell short and failed to address ongoing issues. In response to Consultation Paper 308, ISA said one of Darren McShane's key recommendations to force banks and wealth managers to disclose costs relating ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... engaged with more than 120 industry stakeholders and analysed the practical implementation of RG97. ASIC's Consultation Paper 308 is endorsing some of McShane's recommendations that proposes super funds to: modify fees and costs templates and ...

ASIC drags RG97 transition period

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... Darren McShane's independent review (Report 581) of RG97 that was released in July. At the time, ASIC said a consultation paper will be released before the end of 2018. This is now due for release in January 2019. RG97 has experienced extensive delays ...

ASIC unveils RG97 review

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... industry while providing transparency and useable comparability for consumers. ASIC said it will release a consultation paper in response to the issues raised in the report in the first half of the 2018-19 financial year. In November 2017, ASIC appointed ...

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
... 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 recourse borrowing ...

Early super release consultation opens

KARREN VERGARA  |  THURSDAY, 21 DEC 2017
... experience as much hardship as property owners who cannot meet their mortgage payments, the paper said. This consultation paper will also assess if victims of crime should be entitled to access the perpetrator's superannuation fund as a result of court ...

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
... who have a thorough understanding of current industry practices and standards." In April, ASIC released the consultation paper for what was then titled the Financial Services Panel. At the time, Medcraft said the goal of the panel would be to "enhance ...