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Showing 351 - 360 of 489 results for "Assistant treasurer"

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
... financial planner they know that person is backed by appropriate qualifications and an ethical framework." Assistant Treasurer Bill Shorten made the announcement as part of the first tranche of draft legislation on the future of financial advice reforms ...

Submissions open on excess super contribution cap refund rules

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
... advisers and self-managed super fund trustees can have their say on the excess contributions cap reprieve after Assistant Treasurer Bill Shorten released a consultation paper yesterday. Under the contributions cap, super fund members under the age of ...

Investment cloud clears with Govt draft proposal

ELISE BURGESS  |  WEDNESDAY, 17 AUG 2011
... fund managers and encourages foreign investors to invest in Australian-based fund managers. Bill Shorten, Assistant Treasurer and Minister for Financial Services, said the proposed changes with offer certainty for businesses investing through Australian ...

Super tribunal needs members to solve disputes

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
... fund trustees, while others have been lawyers. Part-time members are appointed by Superannuation Minister and Assistant Treasurer Bill Shorten and serve for a three- to four-year term. Members are not required to travel to Melbourne to participate in ...

Re-financing of aged care announced

RACHEL DAVIS  |  TUESDAY, 9 AUG 2011
... Australian Age Pensioner's Savings Account which would attract interest and could be used as and when needed. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, also announced reverse mortgage draft legislation ...

Govt provides reverse mortgage guarantees

ELISE BURGESS  |  MONDAY, 8 AUG 2011
... ageing population, with the release of draft legislation to increase protection around reverse mortgages. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, claims the extra protection will reduce negative equity ...

Industry looks to draw line under reforms

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
By comparing the government to a gestating sperm whale at the FSC conference, Assistant Treasurer Bill Shorten made light of slow progress implementing financial services reforms but patience is wearing thin within the industry. Shorten himself has ...

Government bowing to pressure on super risk commissions

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
... of financial advice in September. Speaking at the Financial Services Council conference on the Gold Coast, Assistant Treasurer Bill Shorten said that although no final decision had been made, pressure from the financial planning industry and within his ...

Government takes no sides in industry-retail super split

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
... funds on super fees. Paul Costello, chairman of the Stronger Super Peak Consultative Group last week handed Assistant Treasurer Bill Shorten the group's report on the MySuper reforms. The group could not reach agreement on the proposal to have a single ...

Bank of Melbourne relaunches with plans for 90 new branches

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
... political party foes buried the hatchet for the launch with Labor's Federal Minister for Financial Services and Assistant Treasurer Bill Shorten attending the ceremony at the Richmond branch in Melbourne alongside Victorian Treasurer Kim Wells, from ...