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Showing 131 - 140 of 158 results for "Parliamentary Joint Committee"

Annual fee collation too complex: FPA to PJC

MELANIE TIMBRELL  |  TUESDAY, 24 JAN 2012
Chair of the Parliamentary Joint Committee on Corporations and Financial Services Bernie Ripoll has grilled the Financial Planning Association over claims the proposed annual Fee Disclosure Statement (FDS) as part of FOFA is unnecessary. Speaking at ...

FOFA moderate and reasonable: ISN

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
... line in the coming years once the changes trickled down to back office staff. But speaking at the Parliamentary Joint Committee (PJC) hearing this morning, Whiteley refuted the figures, saying the ISN report on which it appeared the comments were based ...

PJC concedes FOFA amendment may be warranted

MELANIE TIMBRELL  |  TUESDAY, 24 JAN 2012
Insurance advice issued inside and outside superannuation needs to be treated the same, the Parliamentary Joint Committee on Corporations and Financial Services heard today. While the majority of super funds provide general advice, where individuals ...

PJC hears FOFA lost in translation

MELANIE TIMBRELL  |  MONDAY, 23 JAN 2012
FOFA has lost its way, according to the AFA presentation to the Parliamentary Joint Committee on Corporations and Financial Services currently underway at NSW Parliament House in Sydney. Drawing a comparison with recent price wars between the major ...

Issues beyond the FOFA horizon

ELISE BURGESS  |  WEDNESDAY, 18 JAN 2012
The Parliamentary Joint Committee submissions continue at a rapid pace with the Government receiving opinions both for and against the FOFA reforms package, yet a recent industry panel session looked at the issues facing the advice industry beyond FOFA ...

MySuper regulations fundamentally flawed

MELANIE TIMBRELL  |  TUESDAY, 17 JAN 2012
... under MySuper was echoed by the Corporate Super Specialist Alliance (CSSA) in a submission to the Parliamentary Joint Committee on Corporations and Financial Services. According to the submission, the CSSA believes proposed MySuper changes should be ...

Christmas deadline for FOFA clarity: ANZ

CLAIRE MCGREAL  |  WEDNESDAY, 7 DEC 2011
... squeak through within weeks of the proposed July 2012 start date. In its recent submission to the Parliamentary Joint Committee (PJC), which is also reviewing the proposed legislation, the Association of Superannuation Funds of Australia (ASFA) called ...

PJC: Government needs to re-think payday reforms

RACHEL DAVIS  |  MONDAY, 5 DEC 2011
... referred the Consumer Credit and Corporations Legislation Amendment (Enhancements) Bill 2011 to the Parliamentary Joint Committee (PJC) on Corporations and Financial Services for inquiry. The report, released on Friday, has backed up industry concerns ...

FOFA implementation time vital: ASFA

CLAIRE MCGREAL  |  THURSDAY, 1 DEC 2011
... next winter to give the industry time to properly implement the changes. In its submission to the Parliamentary Joint Committee (PJC), the Association of Superannuation Funds of Australia (ASFA) also called for both the FOFA and MySuper legislation to ...

Political debate defers FOFA clarity

CLAIRE MCGREAL  |  THURSDAY, 17 NOV 2011
... scrutiny from industry groups. The Senate Economics Committee report is due on March 14, as well as the Parliamentary Joint Committee report on FOFA due on February 29, leaving little time for both houses to debate any amended legislation. So what impact ...