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Showing 161 - 170 of 266 results for "Treasurer Josh Frydenberg"

Unfair contract terms extended to insurance

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
The Federal Government is extending the unfair contract term regime to insurance contracts. Treasurer Josh Frydenberg said proposed amendments to the Unfair Terms in Insurance Contracts Bill 2019 announced this week is the result of the Coalition taking ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... Financial Advisers (AFA) have both criticised the time frame given to phase out grandfathered commissions. Treasurer Josh Frydenberg announced earlier this week legislation would be introduced to ban the payment of grandfathered commissions this month ...

Jane Hume to address AFA Conference

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... members from retiring with more money, as recommended by the Productivity Commission. This week, Hume and Treasurer Josh Frydenberg announced the government will introduce legislation this week to end the payment of grandfathered commissions to financial ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... week to end the payment of grandfathered commissions to financial advisers by 1 January 2021. Federal Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial technology Jane Hume revealed Coalition plans ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... to and control of their own financial data. The bill was reintroduced to Parliament and read today. Treasurer Josh Frydenberg said the legislation is designed to give consumers more power and allow them to switch service providers more easily. The Consumer ...

APRA forced to overhaul culture, capabilities

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... APRA should develop a cultural change program that fosters internal debate and contestability." Federal Treasurer Josh Frydenberg commented the review found APRA is an "impressive and forceful" regulator in terms of overseeing traditional financial risk. ...

Much review about nothing

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
The Government's recently announced review of Australia's retirement income system has been met with confusion by some of the industry's big players. "Speaking at the Bloomberg buy-side forum in Sydney recently, the newly-minted Assistant ...

Superannuation reforms underway

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
In her first industry address since inheriting the superannuation portfolio, Senator Jane Hume reinforced the Federal Government's plans to fix the structural problems across the retirement system and ultimately improve outcomes for members. Speaking ...

Retirement income review welcomed: Poll

KARREN VERGARA  |  THURSDAY, 6 JUN 2019
... readers polled in Financial Standard 's latest survey. More than half (53%) of the respondents applauded Treasurer Josh Frydenberg's review into the retirement income system. About one third either "disagreed" or "highly disagreed" with the proposed ...

Government to revisit retirement incomes

KARREN VERGARA  |  MONDAY, 27 MAY 2019
... the numerous changes to superannuation that have been muted in the lead up to the election. Federal Treasurer Josh Frydenberg confirmed to the Australia Financial Review he will launch a review of retirement incomes, as well as enact the recommendations ...