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Showing 371 - 380 of 1326 results for "Parliament"

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... mouthing these words - reportedly ghost written for her by the government of the day (pun intended) - before the UK Parliament is moot, the fact remains that the Queen of the United Kingdom has all but given her imprimatur on Brexit come 31 October 2019. ...

Complexity of grandfathered commissions overlooked

ELIZABETH MCARTHUR  |  FRIDAY, 27 SEP 2019
In a new policy paper, Association of Financial Advisers general manager, policy and professionalism Phil Anderson argues that the complexity of grandfathered commissions has been overlooked by policy makers. Anderson states in the paper that the 2012 ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
The Putting Members' Interests First superannuation reforms are almost through parliament. The House of Representatives moved to pass the Putting Members' Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... numbers under their watch. As per Frydenberg: "Significantly, these numbers do not incorporate the passage through parliament of the most significant tax cuts in more than 20 years and the full impact of the RBA's decision to reduce interest rates ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... Brexit - the "no-deal" variety - is all but assured. UK Prime Minister Boris Johnson's announcement suspending Parliament from September 11th to October 14th - when the Queen of England agreed to make a speech, effectively starting a new session ...

ASIC approves name and shame rules

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
... The move is part of a broader set of reforms aimed at increasing transparency in financial services, which includes Parliament giving ASIC power to collect and publish internal dispute resolution data at the firm level. In May, ASIC opened a public consultation ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
Aside for bragging rights, I can't understand why the current Australian government remains hell-bent on achieving that promised "Budget surplus". The current sitting Treasurer Josh Frydenberg looks set to deliver on the "promise" that has eluded ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... advisers facing financial ruin as a result of AMP's plan to change Buyer of Last Resort terms. Speaking in NSW parliament earlier this week, member of the opposition Daniel Mookhey asked minister for finance and small business Damien Tudehope what ...

Frydenberg flags new advice disciplinary system

HARRISON WORLEY  |  MONDAY, 19 AUG 2019
... implemented swiftly. He added more than 20 government commitments would be implemented or have legislation introduced to the parliament by the end of this year, including ending grandfathered commissions for financial advisers and acting on ASIC's ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
... influence unions have over the industry, zeroing in on the "half a dozen major lobby groups are constantly decamped at Parliament House Canberra." Such lobby groups, he says, are reluctant to change the current system, and propagate the "myth" that more ...