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Showing 131 - 140 of 207 results for "Streamlining"

Labor forces tabling of FoFA regulations

LAURA MILLAN  |  THURSDAY, 10 JUL 2014
... yesterday in the Senate. Labor Senator Sam Dastyari presented an order for the production of the Corporations Amendment (Streamlining Future of Financial Advice) and the motion to table the regulations went through with 33 votes in favour and 29 against. ...

AMP axes regional head of advice roles

LAURA MILLAN  |  WEDNESDAY, 18 JUN 2014
... the group. AMP head of financial planning in Queensland and North New South Wales Bill Justo left as part of the streamlining of the group's top advice ranks. An AMP spokesperson told Financial Standard that the role was replicated when AMP and Hillross ...

FPA reveals 10 point plan to improve advice

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... standards of financial advice. The FPA presented the plan yesterday during the Senate Economics Committee hearing on the streamlining of the Future of Financial Advice (FoFA) legislation. The plan outlines the FPA's position in several policy matters ...

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... Bragg and senior policy manager Cecilia Storniolo appeared yesterday at the Senate Economics Committee hearing on the streamlining of the Future of Financial Advice (FoFA) legislation. "It is hypocritical to suggest that commissions should be banned ...

CBA wants Senate to fix corporate super advice

LAURA MILLAN  |  MONDAY, 12 MAY 2014
... product advice has been provided, except in relation to MySuper products." The inquiry into the Corporations Amendment (Streamlining of FoFA) Bill 2014 will present its final report to the Senate on June 16. Read all Financial Standard coverage of the ...

Westpac weighs in on FoFA debate

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
... duty will water down the obligation and reduce consumer protection." The inquiry into the Corporations Amendment (Streamlining of FoFA) Bill 2014 will present its final report to the Senate on June 16. Read all Financial Standard coverage of the FoFA ...

Stakeholders stage FoFA confrontation in Senate submissions

LAURA MILLAN  |  WEDNESDAY, 7 MAY 2014
... more step towards professionalising the industry rather turning back the clock by lobbying for and supporting its 'streamlining' (reduction) in 2014." Latimer argued that "the reforms now provide further protections for consumers of financial services" ...

Cormann freezes FoFA amendments

MARK SMITH, ALICE URIBE  |  MONDAY, 24 MAR 2014
... week limited the general advice exemption, but did not explicitly forbid commissions. The Corporations Amendment (Streamlining of FoFA) Bill 2014, however, did address the issue of conflicted remuneration in general advice. The government has maintained ...

Senate Economics Committee to hold inquiry on FoFA bill

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
... in the Senate. The Senate Standing Committee for Selection of Bills decided to refer the Corporations Amendment (Streamlining of FoFA) Bill 2014 to the Economics Committee after it was introduced to the House of Representatives on March 19. A spokesperson ...

Industry receives FoFA bill with mixed feelings

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... Association would have liked to see an explicit ban on commissions for general advice in the Corporations Amendment (Streamlining of FoFA) Bill 2014 that the government introduced yesterday to the parliament. The FPA supports the removal of the "catch ...