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Showing 11 - 20 of 77 results for "FOFA legislation"

Grandfathering set to become next advice battlefield

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
... because as an adviser you need to have portability to buy and sell your own business," he said. Under the original FoFA legislation, advisers were not able to receive grandfathered commissions if they changed licensees, an issue that the government's ...

Cormann to keep up the FoFA fight

ALICE URIBE  |  THURSDAY, 20 NOV 2014
... consumers interests." Last night Labor was successful in its attempts to disallow the government's changes to the FoFA legislation. At the final hour Palmer United Party (PUP) senator Jacqui Lambie joined Labor and the Greens in a new alliance of independents. ...

Hockey accuses Labor of making "a mess" of FoFA

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... came shortly after Labor and the Greens asked the government to postpone again the vote on the changes to the FoFA legislation until the Financial System Inquiry (FSI) releases its conclusions.

Vertical integration good for consumers, competition: instos

LAURA MILLAN  |  MONDAY, 1 SEP 2014
... the duty on financial advisers to act in the best interests of the customer." "Commonwealth Bank believes the FoFA legislation is highly robust and affords significant consumer protection," the CBA submission said. It added that vertical integration ...

Government tables FoFA bill in House of Reps

LAURA MILLAN  |  WEDNESDAY, 27 AUG 2014
... spokesperson for consumer affairs, competition policy and small business Senator Peter Whish-Wilson said that the FoFA legislation "is aimed at locking into law the dodgy deal that they [the Coalition] have done with Clive Palmer to back the big banks ...

Government succeeds in securing final FoFA changes

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
... days. Read industry reactions to the latest FoFA developments here Read all Financial Standard coverage of the FoFA legislation here

Labor, Greens will "keep fighting" after FoFA backflip

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
... debate. Read industry reactions to the latest FoFA developments here Read all Financial Standard coverage of the FoFA legislation here

Deal with government brings in consumer protection: Palmer

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
... government's move to table the changes through regulation first. Read all Financial Standard coverage of the FoFA legislation here

FoFA disallowance vote will save "millions"

ALICE URIBE  |  TUESDAY, 15 JUL 2014
... voted for these sensible reforms to FoFA." The Labor and Greens attempt to disallow government changes to the FoFA legislation failed after the Coalition was able to secure last-minute support from the PUP. A The motion to disallow the government's regulation ...

Senate votes against disallowing FoFA amendments

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
... products is how they've done their money for the past ten years." Read all Financial Standard coverage of the FoFA legislation here