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Showing 431 - 440 of 834 results for "Regulations"

Grandfathering set to become next advice battlefield

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
... were not able to receive grandfathered commissions if they changed licensees, an issue that the government's proposed regulations fixed. The regulation around grandfathering started in July 1, 2014, ad some advice businesses have already started the ...

Cormann to keep up the FoFA fight

ALICE URIBE  |  THURSDAY, 20 NOV 2014
... Enthusiast Party's Ricky Muir, also broke away. This voting bloc meant that Labor had the numbers to disallow the regulations that were put in place by Cormann in June. In his interview with ABC Radio, Cormann again defended the watering down of the ...

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
... proposed changes would leave investors vulnerable to a future financial collapse. The disallowance of the government regulations means Labor's FOFA laws will remain in force. Finance Minister Mathias Cormann was unimpressed, describing the hijacking ...

FoFA disallowance could put industry into breach of law

LAURA MILLAN  |  WEDNESDAY, 19 NOV 2014
... immediately into breach of the law." FPA chief executive Mark Rantall said that "the industry has been adhering to these regulations for nearly five months." He noted that "the original FoFA reforms created unnecessary red tape and compliance driven ...

Market wrap

AAP  |  THURSDAY, 6 NOV 2014
... inquiry into the financial sector was turning investors slightly off the big banks because of the potential for new regulations that require them to put aside more money for capital reserves. Commonwealth Bank shares fell 8.5 cents to $81.475 after Wednesday's ...

IOSCO updates FinLit framework

ALEX DUNNIN  |  WEDNESDAY, 5 NOV 2014
... 'investor literacy' as the 'understanding ordinary investors have of market principles, instruments, organisations and regulations. Reflecting this IOSCO noted that some of its members may be solely concerned with investor education, while others may ...

Family trusts overlooked amid SMSF boom

MARK SMITH  |  TUESDAY, 28 OCT 2014
... according to HLB Mann Judd Sydney head of wealth management Michael Hutton. Hutton said that despite recent changes to regulations affecting family trusts, they still provide tremendous flexibility for managing investment portfolios and family wealth. ...

Govt moves to repeal super payslip disclosure rules

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
... the law in question - which is part of the Superannuation Industry (Supervision) (SIS) Act - was passed in 2010, no regulations were written to enforce it. This means the repeal of the law will not make any practical difference. A Treasury paper outlining ...

MyState Financial becomes MyState Bank

MARK SMITH  |  TUESDAY, 7 OCT 2014
... aggregator channel. As an authorised deposit-taking institution, MyState has been governed by the same prudential regulations as large banks. "MyState is a leading and trusted banking brand in Tasmania, with growing recognition and penetration in mainland ...

Coalition secures PUP support on FoFA vote

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
... Party Senator David Leyonhjelm and Family First Senator Bob Day. However, the current changes have been passed through regulations and the government will need the support of crossbench Senators to pass the FoFA amendments through legislation before ...