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Showing 121 - 130 of 136 results for "Mathias Corman"

Industry funds, independent platforms stand up for FOFA reforms

ALISON BEVEGE  |  WEDNESDAY, 1 JUN 2011
Opponents of elements of the Future of Financial Advice have come in for a drubbing from key figures in the financial services industry in the wake of intense lobbying of the independents by financial planners. Financial advisers were instructed by ...

Oakeshott won't back FOFA

ALEX DUNNIN  |  THURSDAY, 26 MAY 2011
Independent and Lower House balance MP Rob Oakeshott has told reporters that he won't back the FOFA opt-in reforms; raising doubts whether the whole advice reform package will make it past its first parliamentary hurdle. Oakeshott wavering on the FOFA ...

Planners risk trouble opposing FOFA

ALISON BEVEGE  |  FRIDAY, 20 MAY 2011
Financial planners are shooting themselves in the foot by seeking to sink key elements of the Future of Financial Advice reforms, the Industry Super Fund Network has said. Industry Super Fund Network chief executive David Whiteley said the financial ...

Advisers aim for independents over FOFA

ALISON BEVEGE  |  THURSDAY, 19 MAY 2011
Financial planners on the warpath over Future of Financial Advice (FOFA) reforms were given a crash course in political lobbying today by Shadow Minister for Financial Services Senator Mathias Cormann, who told them to target the independents. Speaking ...

Tougher controls for SMSF collectibles

ALEX DUNNIN  |  THURSDAY, 19 MAY 2011
Draft legislation has been released by the federal government outlining new rules for self-managed super funds (SMSF) investing in collectibles. The proposed regulations are a significant watering down however of Super System Review recommendations ...

Opposition attacks opt-in concession

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
Minister for Financial Services Bill Shorten has eased reforms on financial planners by extending the opt-in period but the Opposition has attacked, saying it would still cost an average firm $50,000. Adviser groups have lobbied hard against the opt-in ...

Govt claims MRRT as super victory

ALISON BEVEGE  |  FRIDAY, 25 MAR 2011
The Federal Government said yesterday's agreement to mining tax changes has helped ensure the raising of the superannuation guarantee from 9 per cent to 12 per cent. Assistant Treasurer Bill Shorten said in a media release that Minerals Resources Rent ...

Future Fund chair back for a year, two new board members

ALISON BEVEGE  |  WEDNESDAY, 23 MAR 2011
Future Fund chairman David Murray has signed on for a further 12 months at the sovereign wealth fund amid controversy over an alleged board split, it was announced yesterday. Treasurer Wayne Swan re-appointed Murray for a further year, saying in a press ...

Super on table for October tax review

ALISON BEVEGE  |  MONDAY, 21 MAR 2011
Superannuation will be up for discussion at the Federal Government's October tax summit raising the spectre of further review, with industry figures asking for stability after a tumultuous few years. Fiona Reynolds, chief executive of the Australian ...

Super cap breach stings 65,000

ALISON BEVEGE  |  FRIDAY, 4 MAR 2011
... retirement funds, according to Government figures. In a response to a Senate question by Shadow Assistant Treasurer Mathias Corman, Federal Assistant Treasurer Bill Shorten disclosed the dramatic increase in numbers during the 2009-10 financial year ...