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Showing 1441 - 1450 of 2025 results for "Legislation"

Details still needed on opt-in: ANZ Wealth

CLAIRE MCGREAL  |  FRIDAY, 23 MAR 2012
... ANZ Wealth, with a number of issues still to consider. The government yesterday released its amendment to the FOFA legislation relating to the controversial requirement, which gives ASIC the power to exempt an adviser or dealer group from opting-in. ...

Market Wrap - Morning

AAP  |  FRIDAY, 23 MAR 2012
... weak euro zone economic data and disappointing Chinese figures. The federal opposition has vowed to repeal government legislation that imposes tougher rules on financial planners FRANKFURT - The worst is over in the eurozone debt crisis, but risks remain ...

FSC: Government drops opt-in requirement

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
... for consumers and financial advisers" and therefore the organisation would not support it. "Our concern is that the legislation leaves it to ASIC to administer opt-in without any certainty as to what they require to provide an exemption and what the ...

Funds remain unconvinced on lifecycle MySuper product

MELANIE TIMBRELL  |  THURSDAY, 22 MAR 2012
... permissible. The regulator has acknowledged that while the timeframe for MySuper implementation set by the Stronger Super legislation is tight, funds will not be surprised by the contents of prudential standards.

AFA hits out at ISN over deal allegations

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
... Financial Standard it was standing by its commitment to remove the opt-in clause completely from the proposed FOFA legislation. "There is a lot of rumour and innuendo and that is what happens when you get to a critical point in the FOFA discussions ...

SEC triggers industry protest storm

ALEX DUNNIN  |  THURSDAY, 22 MAR 2012
... that they believe will improve investor protections, the Republican dominated Congress is not expected to support the legislation following passionate representations by the US Chamber of Commerce and sustained industry lobbying.

PJC releases MySuper report

CLAIRE MCGREAL  |  WEDNESDAY, 21 MAR 2012
... the Parliamentary Joint Committee (PJC) on Corporations and Financial Services made key recommendations on the super legislation. These include the MySuper provision be redrafted to clarify that the large employer requirement of 500 or more members of ...

ASFA, FSC applaud passing of SG rise

CLAIRE MCGREAL  |  TUESDAY, 20 MAR 2012
Super industry bodies have heralded last night's passing of the mining tax legislation, which paves the way for the gradual SG rise to 12 %, as an "historic" day for Australians. The legislation also provides for a super tax rebate for low-income earners ...

FSC urges Senate to vote for SG rise

CLAIRE MCGREAL  |  MONDAY, 19 MAR 2012
The Financial Services Council is urging Senators to pass legislation to increase the superannuation guarantee, tabled for today, saying Australians would benefit to the tune of $184bn as a result. New research carried out by Rice Warner Actuaries for ...

Advisers urged to keep up pressure on FOFA change

CLAIRE MCGREAL  |  FRIDAY, 16 MAR 2012
... date announcement, the financial planning industry has pledged to keep pushing for changes to elements of the planned legislation. Leading the charge from the Opposition benches is shadow assistant Mathias Cormann, who welcomed what he called the government's ...