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Showing 1461 - 1470 of 2809 results for "Regulation"

Extend MySuper to retirement: ASFA

JAMES FERNYHOUGH  |  TUESDAY, 30 SEP 2014
Regulation of superannuation should be designed for the whole of life, incorporating accumulation and retirement, if there is to be stability and product innovation, according to the Association of Superannuation Funds of Australia (ASFA). In its submission ...

AAP adds five boutique firms in a month

LAURA MILLAN  |  MONDAY, 29 SEP 2014
... interest in independence as advisers realise they don't need the support of a big institution to cope with the increased regulation and compliance around the FOFA reforms." She said that advisers are increasingly looking for advice tools and back office ...

Global re-regulation takes shine off investment banks

ALEX DUNNIN  |  MONDAY, 29 SEP 2014
... often seen as a safe investment with almost no downside regardless what happens to the world economy, but global re-regulation of finance is causing investment strategists to question whether the tide is turning. The re-regulation push includes increased ...

Coalition Senators head-to-head over FoFA

LAURA MILLAN  |  FRIDAY, 26 SEP 2014
... the latest report, "the minister's response has not satisfactorily addressed the key scrutiny concern (...) that the regulation makes fundamental legislative change that may be more appropriate for parliamentary enactment." The report notes that "the ...

FSC advice regulation plan leaves AMP cold

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
The Financial Services Council (FSC)'s recently proposed advice regulation plan lacks the support of one of its biggest members. AMP has said it does not believe in a regulatory solution to restore consumer confidence and trust in financial advice ...

Hockey accuses Labor of making "a mess" of FoFA

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... asked the Treasurer during question time: "given that the [Financial Services Council] FSC now says more, not less regulation for financial advice and professional standards, why has the government decided to dismantle Labor's FoFA reforms and put even ...

FPA rejects FSC adviser regulation plans

ALICE URIBE, LAURA MILLAN  |  WEDNESDAY, 24 SEP 2014
... (FSC) proposal to establish a statutory, independent board to oversee advice, saying that there was no need for further regulation, with the mooted board simply "reinventing the wheel." As reported by Financial Standard earlier this month the FSC, in ...

Advice associations under conflict of interest on professionalism: ASIC

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
Advice industry self-regulation is not an appropriate model to increase professionalism in the financial advice industry, as associations have "an inevitable conflict of interest," the Australian Securities and Investments Commission has argued. "Industry ...

Tight regulation getting in the way of digital advice: Minter Ellison

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... being prevented from using sophisticated online tools to provide tailored information to their clients due to tight regulation, and instead can only use simple tools, Minter Ellison said. "While [the Australian Securities and Investments Commission] ...

Expect more regulation on 'too-big-to-fail': Hockey

LAURA MILLAN  |  MONDAY, 22 SEP 2014
Large financial institutions considered "too big to fail" are likely to be required to have additional protections in case they fail, Treasurer Joe Hockey said at the G20 meeting of Finance ministers in Cairns this weekend. Hockey said that the Financial ...