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| | | ... objected to it. However, an amendment was passed which will delay benchmarking and stapling until November. Independent Senator Rex Patrick failed to find support for his proposed amendment, which would have extended performance tests to more choice ... |
| | | | ... Treasury Laws Amendment (More Flexible Superannuation) Bill was debated in the Senate today, with an amendment suggested by Senator Pauline Hanson. Hanson and her One Nation colleagues circulated an amendment that would see people over the age of 67 ... |
| | | | ... As a result, INFO 256 will replace Regulatory Guide 245 Fee disclosure statements, which will be withdrawn," ASIC said. Senator Jane Hume announced last week that advisers will have 60 days to provide clients an estimate of fees they will pay prior to ... |
| | | | ... enter and achieve leadership roles in the financial planning, accounting, business, finance and economics industries. Senator Marise Payne selected the FPA to provide 38 scholarships valued at up to $50,000 for over two years. FPA chief executive Dante ... |
| | | | ... federal government will introduce a carve out to help financial advisers to meet their ongoing fee disclosure obligations. Senator Jane Hume announced this evening that advisers will have 60 days to provide clients an estimate of fees they will pay prior ... |
| | | | ... block. Greens, who sided with Labor in the House of Representatives, have nine seats in the Senate. The one independent senator, Rex Patrick, has already tabled amendments to YFYS which side with Labor's views. This means, in a best-case scenario Labor ... |
| | | | ... assess the impacts of the bill on the superannuation system," Labor said. "It should be noted that the Chair [Liberal senator Slade Brockman] of this committee previously recommended that regulations should be presented in a timely fashion so the Senate ... |
| | | | ... await specifics ahead of the proposed July 1 start date. The senate economics legislation committee, chaired by Liberal senator Slade Brockman, was tasked with producing the report on February 18. The due date was set for today, April 22. Senator Brockman ... |
| | | | ... priority is to align financial advisers' professionalism and remuneration structures with other professional industries, Senator Jane Hume is not taking the future viability of commissions paid on life insurance products out of the equation. "That ... |
| | | | ... lift inflation. But have no fear, the Fed is here. In an exclusive, Reuters prints Fed Chairman Powell's letter to Senator Rick Scott that, "we are fully committed to both legs of our dual mandate - maximum employment and stable prices. In not so ... |
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