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

Search Results

Showing 141 - 150 of 227 results for %22Senate Inquiry%22

Ripoll labels Cormann's FoFA changes "a stunt"

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... advice. What a stunt. Commissions have already been banned," Ripoll tweeted shortly after Cormann released a response to the Senate Economics Committee report on the government's proposed changes to the Future of Financial Advice (FoFA) law. Ripoll ...

Cormann ready to issue views on Senate FoFA report

LAURA MILLAN  |  WEDNESDAY, 18 JUN 2014
Minister of Finance Mathias Cormann is ready to issue a response to the Senate Economics Committee report on the Future of Financial Advice (FoFA) reform. A spokesperson for the Minister confirmed to Financial Standard that "the government will announce ...

Xenophon rejects Senate FoFA report

LAURA MILLAN  |  WEDNESDAY, 18 JUN 2014
Independent Senator Nick Xenophon has confirmed that does not support the Senate Economics Committee report on the Future of Financial Advice (FoFA) reform. Xenophon said via his Twitter account that he does not support "the government's FoFA repeal ...

FoFA changes designed to protect big players: opposition

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
... financial services companies." Both Labor and the Greens tabled dissenting reports to the Parliament yesterday, as the Senate Economics Committee presented the conclusions to its inquiry into the Coalition's proposed FoFA amendments. Labor recommended ...

Senate report supportive of government FoFA reforms

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
... Financial Advice (FoFA) law, although it suggested some changes. The Committee made public the conclusions of the Senate inquiry into the FoFA amendments and focused on the main industry stakeholders' demand: "to achieve a proper balance between providing ...

Senate FoFA conclusions expected today

LAURA MILLAN  |  MONDAY, 16 JUN 2014
The Senate Economics Committee is expected to release its conclusions on the Future of Financial Advice (FoFA) inquiry later today. The report will allow the government to form a final opinion on the amendments to the FoFA legislation, which have been ...

Financial Wisdom to face class action for poor advice

LAURA MILLAN  |  MONDAY, 16 JUN 2014
... meeting in Cairns and join the class action. The news of a class action against Financial Wisdom comes days before the Senate Economics Committee reports its conclusions of an inquiry into the Australian Securities and Investments Commission's (ASIC) ...

Palmer United will hold the key to FoFA approval

LAURA MILLAN  |  TUESDAY, 10 JUN 2014
... Planning Association (FPA) and the Association of Financial Advisers (AFA) have begun to lobby the senators, ahead of the Senate Economics Committee presentation of the report on the FoFA inquiry, on June 16. With 33 representatives in the new Senate ...

CBA does not address "sketchy" info allegations

LAURA MILLAN  |  THURSDAY, 29 MAY 2014
Commonwealth Bank (CBA) has failed to address allegations by the Senate Economics Committee that it provided "sketchy" and insufficient information to the inquiry into the Australian Securities and Investments Commission (ASIC) in statement released ...

CBA and ASIC "sketchy" info delays inquiry conclusion

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Last minute developments have forced the Senate Economics Committee to delay the tabling of its final report in the inquiry into the Australian Securities and Investments Commission (ASIC). The committee has issued an interim report signed by its chair ...