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Showing 141 - 150 of 189 results for "Conflicted remuneration"

FoFA amendments could bring back commissions: FPA

JAMES FERNYHOUGH  |  FRIDAY, 7 FEB 2014
... Symposium in Melbourne today, Rantall singled out the part of the proposed legislation that soften the ban on conflicted remuneration. While the amendments do not mention commissions explicitly, Rantall said the wording was not clear enough to rule out ...

Sinodinos defends "speedy" FoFA legislation

ALICE URIBE  |  FRIDAY, 31 JAN 2014
... requirements, amending the best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. Sinodinos said that the plans to wind back some of the former ...

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... requirements, amending the best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. Ripoll said that the opposition would be "looking closely" at ...

Government releases FoFA draft legislation

ALICE URIBE  |  WEDNESDAY, 29 JAN 2014
... requirements, amending the best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. According to a media release the government will now move to ...

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
... advice is still appropriate for the client," Sinodinos said. The amendments will also limit the ban on conflicted remuneration only to personal financial advice. "Applying the ban on conflicted remuneration to general advice risks limiting the availability ...

Sinodinos hints at relaxing conflicted remuneration rules

MARK SMITH  |  THURSDAY, 14 NOV 2013
... advise being priced out of the grasp of those who need it. "We want to look more closely at issues around conflicted remuneration. The circumstances in which there is remuneration, we want to be more specific about the mischief there as opposed to entirely ...

Market Vectors lists first Aussie banking ETF

JAMES FERNYHOUGH  |  WEDNESDAY, 16 OCT 2013
... factors have changed the landscape for ETFs in the past few years: Future of Finance (FoFA) reforms banning conflicted remuneration to advisers; investor demands for lower costs, transparency and liquidity; investors opting for a Self-Managed Superannuation ...

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... fee arrangement and records to prove the licensee and its representatives have complied with the ban on conflicted remuneration. Under the Stronger Super reforms, ASIC is also considering whether to impose a specific requirement on superannuation trustees ...

Grandfathering uncertainty already affecting businesses

LAURA MILLAN  |  MONDAY, 22 JUL 2013
... after the Senate approved a 12 month extension for the implementation of some critical elements of the conflicted remuneration obligations, which include the grandfathering provision.

Insurers take "adversarial approach" to claims

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
... around the ownership structure of insurance companies which leads to concern regarding product pushing and conflicted remuneration. "As an industry we haven't done a very good job on showing the positive outcomes of insurance," the Association of Financial ...