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Showing 1721 - 1730 of 2812 results for "Regulation"

FoFA FDS uncertainty remains

LAURA MILLAN  |  MONDAY, 12 AUG 2013
The Future of Financial Advice (FoFA) regulation needs more changes to eliminate grey areas, but any modifications will have to be legislated to be meaningful. Fee disclosure statements (FDS) are one of the main issues of concern for financial advisers ...

Stronger Super transparency rules too stringent: FSC

JAMES FERNYHOUGH  |  FRIDAY, 9 AUG 2013
The Financial Services Council (FSC) has called on Treasury to loosen transparency requirements associated with the Stronger Super reforms, including the product dashboard, portfolio holdings disclosure requirements, and Product Disclosure Statement ...

Retail funds ruled out of corporate tenders on MySuper lack

JAMES FERNYHOUGH  |  WEDNESDAY, 7 AUG 2013

New dark pool transparency rules introduced

MARK SMITH  |  TUESDAY, 6 AUG 2013
... operation," Bradbury said. "In addition to these new rules, the Government is continuing to consider the appropriate regulation of dark pools and whether they should become licensed financial markets as part of Treasury's ongoing Australian market licence ...

Industry asks for stronger consultation after elections

LAURA MILLAN  |  MONDAY, 5 AUG 2013
... issues for the financial planning sector such as adding clarity to some aspects of the Future of Financial Advice (FoFA) regulation. "It is positive that we now have certainty on when the elections will happen, we have been living with too many uncertainties ...

Bank levy upsets senior lobby

JAMES FERNYHOUGH  |  FRIDAY, 2 AUG 2013
... and raise $733 million over the current four-year budget period. It would be collected by the Australian Prudential Regulation Authority (APRA), and would possibly be safeguarded by the Future Fund Management Agency adding about 0.7% to its funds under ...

Cbus to put focus on custody in new position

JAMES FERNYHOUGH  |  FRIDAY, 2 AUG 2013

Advice firms start to launch in post-FoFA regime

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... industry is starting to see the first advice firms launching after the start of the Future of Financial Advice (FoFA) regulation and while the process is more rigorous now, newcomers have the advantage of being fully-compliant on day one. Founder of ...

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... way they keep their records as part of the best interest duty obligation under the Future of Financial Advice (FoFA) regulation. In Consultation Paper 214 called "Updated record-keeping obligations for Australian financial services licensees", ASIC asks ...

ATO clarifies when a pension ceases

STAFF WRITERS  |  THURSDAY, 1 AUG 2013
... after 1 July 2007 that meets the conditions of paragraph (a)(ii) of the definition of superannuation income stream in regulation 995-1.01 of the Income Tax Assessment Regulations 1997 (ITAR 1997). According to the Ruling, a pension is considered to have ...