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Showing 261 - 270 of 334 results for "Minister for Financial Services"

AFA meets Independents, Greens, Shorten adviser

ELISE BURGESS  |  FRIDAY, 24 JUN 2011
... Financial Advisers (AFA) has met with the key independent MPs, the Greens and the adviser to the Minister for Financial Services and Superannuation, Bill Shorten, to discuss reforms for the advice industry. Chief executive of the AFA, Richard Klipin ...

Labor moves to justify super existence

MATT WOODINGTON  |  THURSDAY, 23 JUN 2011
... opposition party on the government's proposal to take the superannuation guarantee from 9 to 12%, Minister for Financial Services and Superannuation Bill Shorten set out to justify the whole idea. In a speech titled 'The Goal of Lifetime Income Security' ...

Govt to refund super tax for 3.5 million

ELISE BURGESS  |  THURSDAY, 16 JUN 2011
... from 1 July 2012 for 3.5 million Australians who earn less than $37,000, assistant treasurer and minister for financial services and superannuation, Bill Shorten, announced today. Designed to boost lower income earnings superannuation savings, those ...

Planners risk trouble opposing FOFA

ALISON BEVEGE  |  FRIDAY, 20 MAY 2011
... product providers are banned from employing financial planners, if the reforms fail to pass. Shadow Minister for Financial Services Senator Mathias Cormann said yesterday he would repeal two elements of FOFA widely unpopular among planners if elected ...

Advisers aim for independents over FOFA

ALISON BEVEGE  |  THURSDAY, 19 MAY 2011
... Financial Advice (FOFA) reforms were given a crash course in political lobbying today by Shadow Minister for Financial Services Senator Mathias Cormann, who told them to target the independents. Speaking at a packed Sydney breakfast organised by the ...

ASIC draft moves FEX closer to reality

ELISE BURGESS  |  FRIDAY, 13 MAY 2011
... necessary step in progressing FEX's application and will play an integral role in advising the minister for financial services and superannuation on the final market integrity rules for the FEX market if the licence is granted. "Consultation Paper...proposes ...

Opposition attacks opt-in concession

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
Minister for Financial Services Bill Shorten has eased reforms on financial planners by extending the opt-in period but the Opposition has attacked, saying it would still cost an average firm $50,000. Adviser groups have lobbied hard against the opt-in ...

Extra year for tax related overhauls

MATT WOODINGTON  |  FRIDAY, 8 APR 2011
... providing tax advice to come to terms with new legislation. Bill Shorten, assistant treasurer and minister for financial services and superannuation, said that delaying the start date for the new MIT tax system to July 1 2012 would give sufficient time ...

ASIC retains key role as fin planning regulator: Shorten

ELISE BURGESS  |  FRIDAY, 11 FEB 2011
... create unified standards between tax agents and financial planners who deliver tax advice. The Minister for Financial Services and Superannuation Bill Shorten met with representatives from the financial planning, tax and accounting bodies, Treasury ...

Treasury targets $18.8bn in lost super

ELISE BURGESS  |  MONDAY, 7 FEB 2011
... account or in multiple accounts in various funds," said Bill Shorten, assistant treasurer and minister for financial services and superannuation. Currently, super members can opt to provide their TFN to their chosen fund, although it is not able to be ...