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

Search Results

Showing 401 - 410 of 843 results for "Senate"

Medcraft backs national adviser exam

MARK SMITH  |  TUESDAY, 13 JAN 2015
... cheating." Medcraft's comments echo those of ANZ Bank, which called for a national adviser exam In its submission to the Senate Economics Reference Committee inquiry into the scrutiny of financial advice. The bank said the new education framework should ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... ICAC investigation. Finance Minister Mathias Cormann took over, sought more consultation and took FoFA through yet another Senate inquiry. In June, the Senate Economics Committee issued a report that was broadly supportive of the Coalition's proposed ...

MetLife US proactive lobbying lesson for Aust

ALEX DUNNIN  |  TUESDAY, 9 DEC 2014
... of 2014 legislation which is a bill that recognises these prudential differences. The bi-partisan bill was passed by the Senate on 3 June 2014 and just needs lower house approval in order to become law. MetLife said the new legislation is necessary because ...

Labor asks for bipartisan consensus on FSI super issues

LAURA MILLAN  |  MONDAY, 8 DEC 2014
... getting to the bottom of these failures and driving change in the sector would come from the government agreeing to the ASIC Senate Inquiry recommendation to hold a Royal Commission." Whish-Wilson welcomed the inquiry's recommendation to rename 'general ...

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
... industry can now transition to the new FoFA laws with certainty." Yesterday, the Government gave notice of a motion in the Senate to reinstate the grandfathering provision by seeking the support of the upper house. The agreement between the Coalition ...

Advisers confronted with harsh reality of whistleblowing

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
... he realised that the regulator was not acting on his and other whistleblowers' information. These revelations prompted a Senate Economics Committee inquiry into ASIC, which resulted into a comprehensive report that included 61 recommendations. Morris ...

Original FoFA laws take immediate effect

JAMES FERNYHOUGH  |  THURSDAY, 20 NOV 2014
... Financial advisers must fully comply with Labor's original Future of Financial Advice (FoFA) laws from today, after the Senate voted to disallow the government's amendments last night. The reversion to the original legislation took effect as soon as ...

FPA Congress begins amid FoFA unrest

ALICE URIBE  |  THURSDAY, 20 NOV 2014
... The Financial Planning Association (FPA) Professionals Congress kicked off in Adelaide this morning, in the wake of the Senate's disallowance of the government's changes to the Future of Financial Advice (FoFA) legislation. "Our professional body has ...

Cormann to keep up the FoFA fight

ALICE URIBE  |  THURSDAY, 20 NOV 2014
... to push through amendments to the Future of Financial Advice (FoFA) reforms despite last night's crushing defeat in the Senate. Finance Minister Mathias Cormann told ABC Radio this morning that the government had until 30 June 2015 to pursue its controversial ...