Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 60 results for "Parliamentary Inquiry"

No change to super tax subsidy measure

ALEX DUNNIN  |  FRIDAY, 4 DEC 2015
Superannuation lobby groups have failed to convince a parliamentary inquiry that the Tax Expenditures Statement misrepresents the cost of superannuation subsidies. The House of Representatives Standing Committee on Tax and Revenue has just issued its ...

CBA's advice review compensates 19 clients

LAURA MILLAN  |  WEDNESDAY, 30 SEP 2015
... $488,815 as of 31 August 2015. The Open Advice Review program was set up after media leaks and a subsequent parliamentary inquiry uncovered numerous cases of bad advice and a widespread boiler room culture within the bank's advice divisions. The third ...

New faces to lead financial services policy reform

LAURA MILLAN  |  MONDAY, 21 SEP 2015
... to deal with policy issues such as the Financial System Inquiry (FSI), the government's response to the parliamentary inquiry into advice, ethical and education standards and the proposed Life Insurance Framework. O'Dwyer is one of the five women in ...

SMSF direct property investment jumps 60pct

MARK SMITH  |  FRIDAY, 17 JUL 2015
... according to figures from the Australian Securities and Investments Commission (ASIC). In its submission to the Parliamentary Inquiry into Home Ownership, the primary financial markets regulator revealed that as of March 2015, the value of residential ...

Market to open flat

AAP  |  THURSDAY, 2 JUL 2015
... Telecommunications Association holds a briefing on impact of technology on the retail sector and the tax avoidance parliamentary inquiry hearings continue in Sydney. No major equities news is expected. In Australia, the market on Wednesday gained more ...

New PJC inquiry will "close the loop" on consumer protection

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
A new parliamentary inquiry to lift professional, ethical and education standards in the financial services industry will help close the loop on the consumer protection mechanism, Financial Planning Association (FPA) chief executive Mark Rantall has ...

Labor questions Murray, calls for another inquiry

LAURA MILLAN  |  WEDNESDAY, 9 JUL 2014
The opposition has called for a further parliamentary inquiry into the Australian Securities and Investment Commission and the Commonwealth Bank and branded the government's plans to examine financial advice scandals as part of the Financial System ...

FoFA changes must go before parliament: Collins

JAMES FERNYHOUGH  |  MONDAY, 10 FEB 2014
... weren't overnight reforms. Scandals including Westpoint, Great Southern, Storm and Trio culminated in a parliamentary inquiry which found that, among other reforms required, a best interest duty was necessary to improve the minimum quality of advice ...

Victims push for new Trio fraud inquiry

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
... could be investigated if the High Court appointed a special purpose liquidator, by a ministerial inquiry, a parliamentary inquiry or ultimately, a royal commission. "We don't believe that the Joint Committee was effective enough and we are seeking compensation ...

ASIC to face parliamentary inquiry over CBA

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
Parliament will launch an inquiry into the Australian Securities and Investments Commission (ASIC), after it was revealed that the regulator took 16 months to act on information that suggested serious misconduct in Commonwealth Bank financial planning. ...