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Showing 171 - 180 of 1269 results for "Labor"

Advisers cautious of election promises

KARREN VERGARA  |  THURSDAY, 3 MAR 2022
... it is incumbent upon the industry to keep the government and opposition accountable for the promises they are making. If Labor comes into power, MP Stephen Jones said that as his priority for the first 100 days, he will ensure that the advice business ...

Hume pledges less red tape for advisers

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... "achieve the intention of the FASEA reforms without micromanaging advisers, universities, students and businesses". The Labor Party's Stephen Jones, who also spoke at the summit, said the problem with FASEA's model was it "tried to squeeze everyone ...

CSLR will not fully protect investors

KARREN VERGARA  |  WEDNESDAY, 16 FEB 2022
... paused until the passage of the CSLR bill. The federal government owes it to these victims to pass this bill," he said. The Labor party said it supports the bill but is concerned by the narrow focus of excluding managed investment schemes. Conversely ...

Shoddy exam feedback fuels adviser stress

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... experience with zero infringements - a relief experienced advisers have been clamoring for - was conveniently introduced after Labor proposed the exact same measurements days before. At its height in 2019, there were nearly 29,000 active advisers. By ...

Adviser population drops below 19,000

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
The financial advice industry lost more than 2200 advisers this year, marking an 11% year-on-year drop to 18,822. Rainmaker modelling of ASIC's Financial Adviser Register reveals that only 18,822 advisers are left as of yesterday, December 16. At ...

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Not long after Labor suggested it would not require older financial advisers to get degrees, the Liberal party has now backflipped on education standards to match Labor's policy. Minister for superannuation, financial services and the digital economy ...

Sustainability will send some broke: Research

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... ESG narrative is financial materiality, which naturally affects asset prices," Almeida and Wilson said. "While the global labor shortage is seemingly a function of the pandemic and stimulus, it's also part and parcel of the broader ESG movement. Beginning ...

Hume commits to 12% SG

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... would not alter the super guarantee increase in any way," ISA chief executive Bernie Dean said. He added his support for Labor's proposal to link super fund capital with government projects. "Labor's proposal to unlock further super fund investment in ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
Labor promises that superannuation will not be hotly contested in the upcoming federal election, vowing that if it comes to power in 2022 it will not introduce major changes. Shadow minister Stephen Jones pledged more stability and less uncertainty ...

AIOFP blasts 'elitist' young advisers

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
... Association of Independently Owned Financial Professionals (AIOFP) has criticised 'elitist young financial advisers' for opposing Labor's suggestion older financial advisers shouldn't have to complete a university degree. Last week at the AIOFP's annual ...