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Showing 221 - 230 of 1325 results for "Parliament"

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... passed this week. The Superannuation (State Public Sector) (Scheme Amendment) Bill 2021 was passed by the Queensland Parliament on October 26, enabling the merger. The bill saw a relatively speedy turnaround, having only been introduced on September ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... superannuation, financial services, the digital economy and women's financial security Jane Hume said a bill introduced to Parliament yesterday will deliver on a key commitment in the Women's Budget Statement. The bill removes the $450 per month income ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... the Hayne Royal Commission. Despite seeing Recommendation 2.10 through, there is still so much left undone, he told parliament. "We still have inquiries coming in relation to commissions, life insurance and mortgage brokers, and there is so much uncertainty. ...

Advisers closer to professionalisation: FASEA

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
... improving their education levels. "The uplifting of financial adviser levels of education represents a key component of Parliament's vision to build a trusted, educated, and ethical financial advice profession. Advisers who have completed their education ...

EISS Super answers tough questions

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
After a period of media scrutiny following its failure of the inaugural APRA performance test, EISS Super has faced a parliamentary committee, facing tough questions over the test result and its sponsorship deals. Liberal MP Jason Falinski led the questioning ...

AIOFP petitions to delay DDO, annual renewal

KARREN VERGARA  |  FRIDAY, 1 OCT 2021
The Association of Independently Owned Finance Professionals is calling on lawmakers to delay two major financial advice reforms until 2022 by launching an online petition. The AIOFP is seeking to delay the Design and Distribution Obligations and consent ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
Following industry backlash last year, the government has released exposure draft legislation for consultation on the distribution of class action proceeds in proceedings involving a litigation funder. If the legislation progresses, it will implement ...

Stephen Jones changes tack on risk advice

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
... of their industry was a big mistake. "These are managerial, they weren't legislative, so I'm not saying the parliament got it wrong. We need to do some fine tuning we can look at that, I think it was the managerial oversight and the governance ...

Adviser overwhelm explained

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... do to meditate." Anderson reflected on the decade since the Future of Financial Advice (FoFA) reform was tabled in parliament. "What we've seen since that time, is the continuous cycle of inquiries, legislative change, another inquiry, more legislative ...

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
Hostplus was grilled about its relationship with IFM Investors at a parliamentary hearing that sought to uncover any evidence of collusion and anti-competitiveness. MP Tim Wilson, who chaired the Standing Committee on Economics hearing on common ownership ...