Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 759 results for %22Senate%22

AFA calls out FASEA chief inconsistency

ELIZABETH MCARTHUR  |  THURSDAY, 21 NOV 2019
... Standards and Ethics Authority chief executive Stephen Glenfield, over recognition of CPD. Glenfield made comments at a recent Senate Estimates hearing, including: "We've recognised [financial advisers'] continuing professional development where ...

FASEA attempting to re-write law: AFA

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... the unintended consequences of its desire to remove all conflicts from financial advice. The AFA pointed out that at a Senate Estimates Hearing FASEA chief executive Stephen Glenfield said: "FASEA is not banning any particular form of remuneration." ...

FASEA chief unaware of dwindling adviser numbers

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
... refused to acknowledge the impact increased education requirements has had on financial adviser numbers during a recent Senate Estimates hearing. Appearing before the committee, Glenfield was asked by Liberal Senator Amanda Stoker whether the authority ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... low account balances, after the government's Putting Members' Interests First super reforms passed through the Senate yesterday. The Senate passed the government's reforms after Assistant Minister for Superannuation, Financial Services and ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... opposition, so that they can help themselves against the interests of Australian women is despicable." The bill is now before the Senate.

Senate creates committee on fintech, regtech

KRISTI CHENG  |  THURSDAY, 12 SEP 2019
... initiatives are in promoting a "positive environment" for fintech and regtech start-ups. The Committee will report back to the Senate in October 2020. This development is the latest in a trend that sees the government looking towards technology as a ...

Salary sacrifice loophole bill insufficient: ISA

KRISTI CHENG  |  MONDAY, 19 AUG 2019
... its 2015 audit of the ATO, "the SG Scheme operates largely without the intervention of the ATO". ISA recommended that the Senate Economics References Committee support Schedule 7 of the bill, so long as "all enhanced employer payroll and Superstream ...

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
... lead by Shadow Minister for Financial Services Matt Thistlethwaite - lining up to condemn Senator Bragg's comments in the Senate. "Last night, Senator Andrew Bragg belled the cat about what those opposite in the coalition really think of compulsory superannuation ...

Axe super for low-income earners: Senator

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
... superannuation voluntary for those earning less than $50,000 per annum. Lashing the super industry in his first speech to the Senate, new Liberal Senator for New South Wales Andrew Bragg said compulsory super had "made the unions, banks and insurers ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
The Senate Economics Legislation Committee has recommended MPs waive the Government's member interests superannuation reforms through Parliament, almost untouched. Releasing the report into its inquiry of the Putting Members Interests First Bill (PMIF) ...