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Showing 1 - 10 of 732 results for %22Treasury Services%22

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... currently at play isn't ideal as the tests have not changed since 2002 and have not kept up with the times. Last August, Treasury conducted a review of the regulatory framework for managed investment schemes (MIS). This included reviewing thresholds ...

The risks and opportunities in advice: SIAA

KARREN VERGARA  |  TUESDAY, 30 APR 2024
... advice expands to other service providers. "We're very supportive of the reforms. We've been working closely with Treasury in their roundtables to provide guidance in the drafting. We're keen for things to move forward. But we're also ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... financial advice fees will have the opposite effect of reducing red tape and can make advice even more unaffordable. Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill 2024, which was introduced in parliament on March ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... (QAR) include amending ongoing fee arrangements (OFA) and overhauling financial services guides (FSG) are set out in Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill 2024. The first set of reforms will streamline ...

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... existing investors' current holdings". Stakeholders have until May 15 to file a submission. The new inquiry builds on Treasury announcing a review of the regulatory framework in the October 2022-23 Budget. This was followed by opening consultations ...

Two more executives leave Morningstar

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... Morningstar's regional analyst teams in Asia. Wong has been with Morningstar for 10 years, arriving from the NSW Treasury. Walsh, a one-time head of local research, has a background spanning Towers Perrin, Macquarie Financial Services, KPMG and Gould ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
... led a government committee to recommend a raft of reforms. On International Women's Day, the UK government's Treasury Committee released Sexism in the City, a follow-up to its first report on the subject which was released in 2018. In compiling ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... when implementing regulation - reducing compliance burden and costs," they said. The grid, which will be administered by Treasury, is a rolling 24-month forward program of regulatory initiatives. Based on the UK's system, the grid affects the banking ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... factored into the May federal budget. It's expected to cost about $250 million a year, based on previous estimates by Treasury when the SG rate was still 9.5%. Paying super on top of PPL has long been advocated for by the superannuation industry ...

Vanguard chief executive Tim Buckley to retire

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
... as well as the company's Asia-Pacific chief investment officer. Davis is also a member of the US department of the Treasury and the Federal Reserve Bank of New York Investor Advisory Committee on Financial Markets.
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