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Showing 131 - 140 of 209 results for "Streamlining"

Coalition secures PUP support on FoFA vote

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
... they can trust and which is also affordable," Cormann said. The changes include removing the opt-in requirement, streamlining of fee disclosure statements, amending the best interest duty and providing certainty around the provision of scaled advice. ...

Extend MySuper to retirement: ASFA

JAMES FERNYHOUGH  |  TUESDAY, 30 SEP 2014
... the retirement phase, as 'MyPension'. ASFA chief executive Pauline Vamos said the whole-of-life approach "includes streamlining the process from moving from accumulation to drawdown, developing products that have greater flexibility in their design and ...

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 ...