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Showing 321 - 330 of 703 results for "Senator"

Abetz backed FSC in case against FWC, Federal Court reveals

JAMES FERNYHOUGH  |  MONDAY, 28 JUL 2014
... "likely to take some time". Australian Institute of Superannuation Trustees chief executive Tom Garcia Mr Garcia urged Senator Abetz to "move quickly to appoint new members to the expert panel to provide certainty for the industry, employers and working ...

Labor, Greens will "keep fighting" after FoFA backflip

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
... Party and the Greens met this morning to consider next steps after the Palmer United Party (PUP) and Motor Enthusiasts Senator Ricky Muir made a last-minute move to support the Future of Financial Advice (FoFA) amendments in the Senate last night "We ...

Deal with government brings in consumer protection: Palmer

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
... are the ordinary people." Bowen said that "the government is ripping it [FoFA] up with last-minute dodgy deals." Greens Senator Peter Whish-Wilson revealed that "late this afternoon we thought we had Palmer's support." "This is unusual, the government ...

FoFA disallowance vote will save "millions"

ALICE URIBE  |  TUESDAY, 15 JUL 2014
The government's deal with the Palmer United Party (PUP) to retain the Future of Financial Advice (FoFA) legislation will save the financial services industry millions of dollars according the Financial Planning Association (FPA). Commenting on the ...

Senate votes against disallowing FoFA amendments

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
... government had succeeded in "removing unnecessary red tape that Labor imposed on the behest of the union movement." Labor Senator Sam Dastyari, who initially forced the vote, reacted strongly to the unexpected announcement. "The government has completely ...

Labor forces tabling of FoFA regulations

LAURA MILLAN  |  THURSDAY, 10 JUL 2014
... tabled the regulations of amendments to the Future of Financial Advice (FoFA) amendments yesterday in the Senate. Labor Senator Sam Dastyari presented an order for the production of the Corporations Amendment (Streamlining Future of Financial Advice) ...

Labor questions Murray, calls for another inquiry

LAURA MILLAN  |  WEDNESDAY, 9 JUL 2014
... disallow the government's amendments to the Future of Financial Advice (FoFA) reforms over the next two weeks. Greens Senator Peter Whish-Wilson revealed yesterday that he has written a letter to Prime Minister Tony Abbott, asking him to cast Murray ...

Intra-fund advice exemptions in doubt

JAMES FERNYHOUGH  |  TUESDAY, 8 JUL 2014
Industry super funds could face stricter rules around block charging members for financial advice if the Senate blocks the amendments to the Future of Financial Advice (FoFA) reforms, Finance Minister Mathias Cormann has said. Singling out exemptions ...

Macquarie rebukes advice, compliance concerns

LAURA MILLAN  |  TUESDAY, 8 JUL 2014
Macquarie has issued its first public statement since a Senate Economics Committee report flagged "systemic failings of compliance" within its advice business two weeks ago. The group said that it has been working with the Australian Securities and ...

Palmer to oppose abolition of LISC

JAMES FERNYHOUGH  |  MONDAY, 7 JUL 2014
Clive Palmer has announced his party will block legislation to abolish the low income superannuation contribution (LISC). Addressing the National Press Club today, Palmer said: "Palmer United supports the abolition of the mining tax, but cannot support ...