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Showing 1521 - 1530 of 2811 results for "Regulation"

Super funds procrastinate on holdings disclosure

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
Super funds are not treating the looming reality of portfolio holdings disclosure as a priority, according to BNP Paribas Securities Services' chief administration officer Daryl Crich. Speaking to media this week, Crich said: "I don't think it is front ...

MySuper flips members out of millions: CSSA

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... been heavily reliant on commissions. Financial Standard is waiting for confirmation from the Australian Prudential Regulation Authority (APRA) regarding the rules around double flipping.

Ripoll labels Cormann's FoFA changes "a stunt"

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... Industry Super Australia is also deeply concerned that the Government would seek to make these far reaching changes by regulation. It is unclear what the urgency is," he added. Read all Financial Standard coverage of the FoFA legislation here

Advisers applaud "historic" ban on commissions

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... about the commissions' exemption in general advice." "The government is making it clear that they are amending the regulation to ban commissions," Brogden noted. Asked about the difficulties that the Coalition might find to pass the legislation through ...

Government to pass most FoFA changes through regulation

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
The government is intending to approve most changes to the Future of Financial Advice (FoFA) law through regulation first, despite Labor and the Greens strong opposition to the amendments. Minister for Finance Mathias Cormann issued a response to the ...

FSU warns of job loss 'tidal wave'

JAMES FERNYHOUGH  |  FRIDAY, 20 JUN 2014
... trade agreement known as the Trade in Services Agreement (TiSA). The FSU said that the negotiations could lead to less regulation of the banking sector, a lift in restrictions on the entry of overseas labour and an increase in the number of banks and ...

$US5b irregularities at China fund, banks

AFP  |  FRIDAY, 20 JUN 2014
Irregularities amounting to more than $US5 billion ($A5.41 billion) have been found at China's sovereign wealth fund and two large state-owned banks, according to the state auditor, offering a glimpse into the opaque management of government-controlled ...

FoFA changes designed to protect big players: opposition

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
Labor, the Greens and Industry Super Australia (ISA) strongly opposed amendments to the Future of Financial Advice (FoFA) legislation on the grounds that changes "seem designed to protect the profits of larger financial services companies." Both Labor ...

Bank ads confusing: research

MARK SMITH  |  MONDAY, 16 JUN 2014
... not giving people what they need, so we have to think again," People's Choice managing director Peter Evers said. "Regulation is meant to protect consumers, but right now it's letting them down. Change is needed to ensure advertising is clear for two ...

Equipsuper removes CFO role, adds key staff

LAURA MILLAN  |  THURSDAY, 12 JUN 2014
... fund's investment management team, Equipsuper said. The changes respond to a recommendation by the Australian Prudential Regulation Authority (APRA) that funds should bring all divisions managing risk under the same umbrella. The $6.2 billion fund has ...