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Showing 381 - 390 of 734 results for "Amendment"

Life insurance commissions bill passes lower house

ALEX BURKE  |  WEDNESDAY, 30 NOV 2016
... Significant changes to life insurance commissions for advisers from 2018 are almost a reality following The Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 passing in the House of Representatives. Should the legislation also ...

Long way to go on professional standards: FPA

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2016
... industry should prepare itself for debate around the implantation of proposed changes, as outlined in the Corporations Amendment (Professional Standards of Financial Advisers) Bill 2016 introduced to parliament last week. "It's great that we have the ...

Professional Standards legislation hits parliament

KERRIE SYDEE  |  WEDNESDAY, 23 NOV 2016
... Kelly O'Dwyer has introduced legislation to mandate professional standards for financial advisers. The Corporations Amendment (Professional Standards of Financial Advisers) Bill 2016 includes compulsory education requirements for new and existing advisers ...

VicSuper highlights retirement struggles

KERRIE SYDEE  |  MONDAY, 14 NOV 2016
More than 50% of Australians aged over 55 feel financially underprepared for retirement and 23% feel completely out of depth when thinking about retirement finances. The findings come from a study commissioned by VicSuper, also detailing that two in ...

Super reforms finalised by year's end

DARREN SNYDER  |  MONDAY, 17 OCT 2016
Treasurer Scott Morrison is adamant the government's wave of superannuation reforms will be introduced to parliament by the end of 2016. Morrison released the third tranche of reforms on Friday and said the legislative amendments better target superannuation ...

Adviser commission reforms pushed back

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
... Minister for Revenue and Financial Services said the phasing down will not come into effect until 1 January 2018; an amendment on the 1 July 2017 date outlined in draft legislation released in April. Responding to the changes, Association of Financial ...

MDAs overhauled by new regulations

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2016
The operation of limited MDAs is to be terminated under new, long-awaited regulatory reforms released by ASIC yesterday. The regulator has made amendments to Regulatory Guide 179, the most significant being the removal of the regulated platform no-action ...

Next wave of super legislation rolls in

DARREN SNYDER  |  WEDNESDAY, 28 SEP 2016
Attempting to keep superannuation reforms on the move, Treasurer Scott Morrison released more draft legislation yesterday. Among the second tranche of legislation are plans to implement the $1.6 million transfer balance cap, limiting the amount an individual ...

Life insurance reforms to be re-introduced

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
... be formally re-introduced in early October when Federal Parliament next meets. An exposure draft of the Corporations Amendment (Life Insurance Remuneration Arrangements) Regulation 2016 bill was released in April of this year, but lapsed due to prorogation ...

Report outlines impact of MDA operation reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
... be announced by ASIC next week and discusses both the issues they face and their options moving forward. The expected amendment that is likely to have the greatest impact on the industry is the removal of a No Action Letter, which some advisers have ...