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Showing 141 - 150 of 207 results for "Streamlining"

Government limits general advice exemption in FoFA amendments

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... has limited the general advice exemption, but does not explicitly forbid commissions. The Corporations Amendment (Streamlining of FoFA) Bill 2014 did address the issue of conflicted remuneration in general advice. The government has maintained its initial ...

FoFA introduced into parliament with some tweaks

ALICE URIBE  |  WEDNESDAY, 19 MAR 2014
... amend the Future of Financial Advice (FoFA) reforms was introduced to parliament today. The Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014 saw an 11th hour amendment to the general advice component which restricts the receipt ...

Premium Wealth adds QLD boutique practice

LAURA MILLAN  |  MONDAY, 17 MAR 2014
... gives our member organisations the opportunity to continue operating as boutique businesses, while at the same time streamlining back office systems and gaining economies of scale," Harding-Davis said. "Queensland has always favoured the boutique model ...

AMP IM director departs as restructure rolls on

LAURA MILLAN  |  MONDAY, 3 FEB 2014
... spokesperson told Financial Standard that the moves are aimed at removing duplications within the business and at streamlining the investment management team. The news of Weston leaving AMP came after chief executive Craig Meller announced a new leadership ...

Superannuation bodies axed in government streamlining

MARK SMITH  |  MONDAY, 3 FEB 2014
... Superannuation Advisory Committee and the Superannuation Roundtable have become the latest casualties of the government's 'streamlining' process. With reforms to the superannuation sector in recent years largely implemented, Assistant Treasurer Arthur ...

Sinodinos defends "speedy" FoFA legislation

ALICE URIBE  |  FRIDAY, 31 JAN 2014
... best addressed via regulations will remain in place. The key amendments included removing the opt-in requirement, streamlining the annual fee disclosure requirements, amending the best interest duty to allow for scaled advice, exempting general advice ...

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... draft regulations and legislation for consultation. The key amendments included removing the opt-in requirement, streamlining the annual fee disclosure requirements, amending the best interest duty to allow for scaled advice, exempting general advice ...

Government releases FoFA draft legislation

ALICE URIBE  |  WEDNESDAY, 29 JAN 2014
... government's reform announcement on 20 December 2013. The key amendments include removing the opt-in requirement, streamlining the annual fee disclosure requirements, amending the best interest duty to allow for scaled advice, exempting general advice ...

FPA condemns FoFA fear mongers

JAMES FERNYHOUGH  |  FRIDAY, 17 JAN 2014
... that delivered notable reprieves for financial planners, including the removal of the opt-in requirement and the streamlining of fee disclosure statements. "We have seen a predictable reaction to these amendments from sectors of the superannuation product ...

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
... to the Future of Financial Advice (FoFA) legislation, which include the removal of the opt-in requirement and the streamlining of fee disclosure statements. The amendments are in line with the proposal that the Coalition released during the September ...