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Showing 351 - 360 of 748 results for "Senate - 52"

Super tax subs worth $30bn in 2014

ALEX DUNNIN  |  TUESDAY, 3 FEB 2015
Just as the government prepares to release the latest edition of the Intergenerational Report and recommence the Senate battle to pass its 2014-15 Budget, Treasury has released its Tax Expenditures statement showing that superannuation tax subsidies ...

Industry waiting on Frydenberg for adviser education guidance

LAURA MILLAN  |  MONDAY, 19 JAN 2015
The financial services industry is waiting on newly-appointed Assistant Treasurer Josh Frydenberg to make public the government's position on the Senate inquiry into adviser education standards. Financial Planning Association (FPA) general manager of ...

FPA sets sights on lifting professional standards

MARK SMITH  |  FRIDAY, 16 JAN 2015
Education and professional standards must be raised if the quality of advice across the financial planning industry is to be consistent, according to Financial Planning Association (FPA) chief executive Mark Rantall. The industry body has labelled 2015 ...

Medcraft backs national adviser exam

MARK SMITH  |  TUESDAY, 13 JAN 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has come out in support of a new national exam for financial advisers. Medcraft backed the proposal in an op-ed published in the Australian Financial Review. "I strongly ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
This year has been another busy one for the financial servives industry. FoFA remained on the radar and the Financial System Inquiry has the potential to change things in a big way. The Financial Standard team takes a look at the issues that made waves ...

MetLife US proactive lobbying lesson for Aust

ALEX DUNNIN  |  TUESDAY, 9 DEC 2014
Australian financial institutions looking for ways to creatively counter regulatory overreach should look to MetLife in the US that has set up a website called The Regulation Resource Centre to enlist the help of stakeholders and facilitate positive ...

Labor asks for bipartisan consensus on FSI super issues

LAURA MILLAN  |  MONDAY, 8 DEC 2014
Shadow Treasurer Chris Bowen asked the government to work with the opposition to reach "bipartisan consensus on the objectives of the superannuation system," following the release of the Financial System Inquiry (FSI) final report. Bowen said that Labor ...

Senate grills ASIC after it blocks 250,000 websites

LAURA MILLAN  |  TUESDAY, 2 DEC 2014
The Australian Securities and Investments Commission (ASIC) will face a Senate grilling after blocking a quarter of a million websites when it was seeking to prevent access to sites associated with investment fraud. A public hearing by the Senate Communications ...

Industry welcomes grandfathering deal

LAURA MILLAN  |  WEDNESDAY, 26 NOV 2014
The financial services industry has welcomed the parliamentary agreement between the Coalition and Labor to fix the unintended consequences of scrapping grandfathering from the Future of Financial Advice (FoFA) legislation. The Financial Planning Association ...

Advisers confronted with harsh reality of whistleblowing

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
Blowing the whistle on rogues within any financial services organisation is hard, stressful and takes a toll on the whistleblower's life, but it is worth it because it makes a difference, former Commonwealth Bank adviser and whistleblower Jeff Morris ...