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Showing 461 - 470 of 748 results for "Senate - 52"

CBA promoted Nguyen to keep him away from clients

LAURA MILLAN  |  THURSDAY, 10 APR 2014
The Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC) has heard that the Commonwealth Bank (CBA) promoted financial planner Don Nguyen, despite allegations of fraud. Speaking at the inquiry Commonwealth ...

Government will go ahead with FoFA changes: Ciobo

JAMES FERNYHOUGH  |  THURSDAY, 3 APR 2014
The government has reaffirmed its commitment to follow through with its amendments to the Future of Financial Advice (FoFA) reforms, despite putting the changes on hold last week. Speaking at an event hosted by the Financial Services Council, Parliamentary ...

Lawyer exposes ASIC favours to big players

LAURA MILLAN  |  THURSDAY, 3 APR 2014
Former Australian Securities and Investments Commission (ASIC) lawyer James Wheeldon has revealed the regulator gave favourable treatment to the big end of the market. Wheeldon appeared yesterday at a public hearing of the Senate inquiry into the performance ...

We did a "pretty good job" in CBA planning case: ASIC

LAURA MILLAN  |  WEDNESDAY, 26 MAR 2014
The Australian Securities and Investment Commission (ASIC) commissioner Greg Tanzer believes that the regulator "did a pretty good job" in dealing with the Commonwealth Financial Planning (CFP) case that prompted a Senate inquiry into the overall performance ...

FoFA regulations paused, but legislation will go ahead

JAMES FERNYHOUGH  |  TUESDAY, 25 MAR 2014
The plan to freeze the Future of Financial Advice (FoFA) amendments applies only to the regulatory changes, Senator Cormann's office has confirmed. The government has already introduced the amendments as legislation, and the process is underway. However ...

Whistleblower claims the existence of 100 CBA rogue advisers

LAURA MILLAN  |  MONDAY, 24 MAR 2014
Former Commonwealth Financial Planning adviser and whistleblower Jeffrey Morris has "no doubt" that a proper investigation by the Australian Securities and Investments Commission (ASIC) would reveal at least 100 current or former rogue CBA advisers. ...

Senate Economics Committee to hold inquiry on FoFA bill

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
The bill amending the Future of Financial Advice (FoFA) legislation will need to go through a Senate Economics Committee inquiry before it is tabled in the Senate. The Senate Standing Committee for Selection of Bills decided to refer the Corporations ...

Assistant Treasurer Sinodinos to stand aside amid ICAC inquiry

ALICE URIBE  |  WEDNESDAY, 19 MAR 2014
... said that if no statement had been made by Senator Sinodinos before 12 noon today, the Leader of the Opposition in the Senate (Senator Wong) may immediately move a further motion relating to Senator Sinodinos' failure to comply. This motion was also ...

FoFA changes to be tabled today

JAMES FERNYHOUGH  |  WEDNESDAY, 19 MAR 2014
The government's amendments to the Future of Financial Advice (FoFA) are due to be tabled in federal parliament today. It is not clear whether the government will introduce all or some of the amendments to parliament. Dante De Gori, general manager ...

Senate pushes for Sinodinos to explain corruption allegations

ALICE URIBE  |  WEDNESDAY, 19 MAR 2014
... said that is no statement had been made by Senator Sinodinos before 12 noon today, the Leader of the Opposition in the Senate (Senator Wong) may immediately move a further motion relating to Senator Sinodinos' failure to comply. Senator Sinodinos has ...