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Showing 191 - 200 of 211 results for "Consultation Paper 212"

ASIC proposal exposes investors to default risk

MICHAEL HOBBS  |  TUESDAY, 8 DEC 2009
The regulator's proposed listed corporate bond market has been welcomed by the industry but one bond manager warned its timing could pose a risk to retail investors. The Australian Securities and Investments Commission (ASIC) is proposing to develop ...

AFA calls for more consultation on education

COMPANY RELEASE  |  MONDAY, 23 NOV 2009
The Association of Financial Advisers (AFA) said the Financial Planning Association of Australia's (FPA) education consultation paper includes some "good ideas" and called for a truly consultative approach to developing education standards. Richard ...

FPA board approves move away from commissions

COMPANY RELEASE  |  FRIDAY, 23 OCT 2009
... its members away from a commission-based model by July 2012. The FPA received more than 250 responses to its consultation paper "Financial Planner Remuneration" released in May, which helped the board develop the approved policy. "Our job is to ensure ...

Population explosion to reshape wealth and pension

MICHELLE BALTAZAR  |  FRIDAY, 18 SEP 2009
Financial planners and super funds will be catering for a much bigger market than previously thought, after Treasurer Wayne Swan said the population could grow to 35 million by 2049, much higher than earlier estimates of around 28 million. Speaking ...

ASIC reviews prospectus disclosure of CRAs

MICHELLE BALTAZAR  |  FRIDAY, 11 SEP 2009
ASIC has released a discussion paper that proposes strict conditions on how credit ratings should be reported in prospectuses in an attempt to enhance protection to retail investors. "ASIC is seeking public comment on whether to withdraw current class ...

ASIC charts margin lending requirements

MICHAEL HOBBS  |  TUESDAY, 14 JUL 2009
The regulator has released two proposals on the training conditions for financial advisers and requirements for firms dealing in margin lending products. The Australian Securities and Investments Commission (ASIC) released the Consultation Paper 108 ...

UK planners face new advice regime

MICHELLE BALTAZAR  |  FRIDAY, 26 JUN 2009
The UK's financial services regulator, the Financial Services Authority (FSA), has proposed sweeping reforms to help consumers get 'independent advice', including an end to commission-based investment advice by 2012. The consultation paper on Retail ...

FPA recommends fee-for-service advice

MICHELLE BALTAZAR  |  FRIDAY, 1 MAY 2009
In a day that marks a new chapter in the financial services sector, the Financial Planning Association (FPA) has recommended to the government that the standard remuneration model for advice should be fee-for-service, citing that the "commission-based ...

Planners comment on EDR scheme

RUTH LIEW  |  TUESDAY, 9 SEP 2008
Financial planners will play an active stance in commenting on ASIC's newest proposal to increase the compensation cap to $280,000 in an external dispute resolution scheme. The Australian Securities and Investments Commission (ASIC) yesterday released ...

Industry backs ASIC 'super snapshot'

MICHAEL HOBBS  |  TUESDAY, 29 JUL 2008
Super fund industry bodies welcomed the Australian Securities and Investments Commission's (ASIC) consultation paper, declaring it will boost super fund member engagement and improve retirement savings. The consultation paper 101 Superannuation forecasts ...