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Showing 1301 - 1310 of 4271 results for "Yesterday"

AFA finds FoFA debate "surprising"

LAURA MILLAN  |  THURSDAY, 27 MAR 2014
... surprising that such "sensible and pragmatic amendments" have generated controversy among industry and consumer bodies. Yesterday, the AFA has reacted for the first time to Finance Minister Mathias Cormann's decision to freeze the regulation, almost ...

First quarter stasis and A$ ADHD

BENJAMIN ONG  |  THURSDAY, 27 MAR 2014
... got to show for it? They retreated, they bounced back and after (nearly) three months... they did almost zilch. As at yesterday's closing, the All Ordinaries index gained all of 0.6% since the start of the year; the S&P 500 index up 0.2% over the same ...

Industry pushes for more consumer protection under FoFA

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
... some industry stakeholders, seniors and consumer organisations have launched against the proposed changes. Speaking at yesterday's ASIC forum in Sydney, Silk said that there has been "a surprisingly strong campaign against some elements of the proposed ...

Silk questions value of financial services intermediaries

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
... value of financial services intermediaries such as advisers, mortgage brokers and superannuation trustees. Silk spoke yesterday at a panel session on "the over-intermediation of financial services" at the Australian Securities and Investments Commission ...

Gonski questions concept of board independence

JAMES FERNYHOUGH  |  TUESDAY, 25 MAR 2014
... Australian Institute of Superannuation Trustees' (AIST) Conference of Major Superannuation Funds (CMSF) on the Gold Coast yesterday, Gonski said in order to find someone who is genuinely independent, "you've got to go out into the park and find somebody ...

A$ rising on China slowing

BENJAMIN ONG  |  TUESDAY, 25 MAR 2014
... statement more than yours (read, mine)? Hate it! Hate it! Hate it! For this was the gist of what me write on this space only yesterday. And, "We expect Beijing to launch a series of policy measures to stabilize growth..." Duh! Beijing might do more... ...

British govt to introduce pension choice

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
... and simplify retiree taxation structures. The proposals were announced in the British 2014 Budget that was handed down yesterday. An explanatory statement from the British government said: "The government has already helped increase the security of people's ...

Industry receives FoFA bill with mixed feelings

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... commissions for general advice in the Corporations Amendment (Streamlining of FoFA) Bill 2014 that the government introduced yesterday to the parliament. The FPA supports the removal of the "catch all" definition of the advisers' best interest duty under ...

Cormann to take over Sinodinos' duties

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... portfolio will now fall under the Ministry of Finance, headed by Mathias Cormann. Prime Minister Tony Abbott confirmed yesterday during a parliamentary session that the financial services industry will be Cormann's responsibility. The decision was announced ...

Government limits general advice exemption in FoFA amendments

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
The Future of Financial Advice (FoFA) amendments bill that was introduced into the Parliament yesterday has limited the general advice exemption, but does not explicitly forbid commissions. The Corporations Amendment (Streamlining of FoFA) Bill 2014 ...