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Showing 271 - 280 of 489 results for "Assistant treasurer"

FEATURE: Insuring against longevity risk

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
... of baby-boomers hits retirement, the question of dealing with the drawdown phase is squarely on the agenda. Assistant Treasurer Arthur Sinodinos has said the government will conduct a broad review into the issue some time in 2014. The Association of ...

Onus on consumers to ask about commissions: Sinodinos

JAMES FERNYHOUGH  |  WEDNESDAY, 12 MAR 2014
... take responsibility for finding out whether their financial adviser has a conflict of interest, according to Assistant Treasurer Arthur Sinodinos. Defending the government's proposed amendments to the Future of Financial Advice (FoFA) reforms on ABC's ...

FoFA changes could start before May: Sinodinos

LAURA MILLAN  |  WEDNESDAY, 26 FEB 2014
Assistant Treasurer Arthur Sinodinos told the Senate Standing Committee on Economics today that Future of Financial Advice (FoFA) proposed amendments could come into effect "earlier than May." The senator was asked during the Australian Securities and ...

Treasury looks at further FoFA amendments

JAMES FERNYHOUGH  |  TUESDAY, 25 FEB 2014
... that the government's proposed amendments to FoFA did not provide a solution in this area. A spokesperson for Assistant Treasurer Arthur Sinodinos confirmed that CSSA had raised the matter both with Treasury and Sinodinos' office. "There is no commitment ...

Sinodinos announces SuperStream governance structure

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
... of industry participants, including gateway operators, superannuation funds and employer representatives," Assistant Treasurer Arthur Sinodinos said. One of the ATO's main tasks will be to facilitate an industry agreement on the design of a "self-regulated ...

Ripoll demands parliamentary debate for FoFA reforms

ALICE URIBE  |  FRIDAY, 21 FEB 2014
... businesses having to adjust to new models againA "creates more confusion, uncertainty and cost." Last month Assistant Treasurer Arthur Sinodinos announced plans to implement the FoFA reform measures through regulations, rather than via legislation. Sinodinos ...

Sinodinos rules out LRBA review for SMSFs

ALICE URIBE  |  WEDNESDAY, 19 FEB 2014
Assistant Treasurer Arthur Sinodinos has ruled out a full review into limited recourse borrowing arrangements (LRBAs), but emphasised that licensing is necessary. Speaking at the 2014 SPAA SMSF National Conference in Brisbane today, Sinodinos said that ...

Sinodinos holds strong on FoFA regs despite legal concerns

LAURA MILLAN  |  TUESDAY, 18 FEB 2014
Assistant Treasurer Arthur Sinodinos remained resolute about his plan to introduce the amendments to the Future of Financial Advice (FoFA) via regulations "to the extent legally possible," despite some industry opposition. Sinodinos said that the aim ...

Actuaries call for overhaul of retirement phase rules

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
... lifetime annuities under the same tax regime as other post-retirement income products. The submission referred to Assistant Treasurer Arthur Sinodinos' plan to conduct a broad review into the regulation of retirement income which he announced in December ...

Industry resists full portfolio disclosure

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
... industry has universally resisted the move towards full transparency of portfolio holdings. In submissions to Assistant Treasurer Arthur Sinodinos' discussion paper, 'Better regulation and governance, enhanced transparency and improved competition in ...