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Showing 481 - 490 of 735 results for "Amendment"

Senate FoFA conclusions expected today

LAURA MILLAN | MONDAY, 16 JUN 2014

The Senate Economics Committee is expected to release its conclusions on the Future of Financial Advice (FoFA) inquiry later today. The report will allow the government to form a final opinion on the amendments to the FoFA legislation, which have been ...

High earners to pay more tax soon

AAP | MONDAY, 16 JUN 2014

... someone earning as much as Opposition Leader Bill Shorten on $380,000, the extra tax amounts to about $3800. The tax laws amendment package passed the lower house in May. The deficit levy represented the government's "double standards" and unfair budget ...

Palmer United will hold the key to FoFA approval

LAURA MILLAN | TUESDAY, 10 JUN 2014

The Palmer United Party and a handful of fringe party senators will be critical to the approval of the Future of Financial Advice (FoFA) legislation. The Financial Planning Association (FPA) and the Association of Financial Advisers (AFA) have begun ...

Murray shuns FoFA commissions' debate

LAURA MILLAN | WEDNESDAY, 28 MAY 2014

Financial System Inquiry (FSI) chairman David Murray has avoided weighing in on the debate about the Future of Financial Advice (FoFA) amendments and the possibility that they could bring back commissions in advice. Speaking at the Institute of Chartered ...

Banks support the "original" FoFA intent: ABA

LAURA MILLAN | MONDAY, 26 MAY 2014

The Australian Bankers' Association (ABA) said that the industry supports the original Future of Financial Advice (FoFA) legislation, which focused largely on consumer protection. The ABA came out shortly after Industry Super Australia (ISA) accused ...

FPA and AFA unite: stop commissions on general advice

LAURA MILLAN | THURSDAY, 22 MAY 2014

The two advice bodies have asked for a complete removal of commissions on general advice during their appearance at the Senate hearing about the Future of Financial Advice (FoFA). The Association of Financial Advisers (AFA) and the Financial Planning ...

FoFA changes to cost consumers millions

JAMES FERNYHOUGH | THURSDAY, 22 MAY 2014

Consumers could be $530 million a year worse off as a result of the proposed amendments to the Future of Financial Advice (FoFA) reforms, a report has found. The report, carried out by Rice Warner and commissioned by Industry Super Australia (ISA) ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH | MONDAY, 19 MAY 2014

... comes in in full force on July 1 - this model is banned, and no provision for its allowance has been made in the FoFA amendment legislation introduced by Arthur Sinodinos on his last day as assistant treasurer in March. However, an amendment to another ...

CBA wants Senate to fix corporate super advice

LAURA MILLAN | MONDAY, 12 MAY 2014

... financial product advice has been provided, except in relation to MySuper products." The inquiry into the Corporations Amendment (Streamlining of FoFA) Bill 2014 will present its final report to the Senate on June 16. Read all Financial Standard coverage ...

Westpac weighs in on FoFA debate

LAURA MILLAN | FRIDAY, 9 MAY 2014

... best interests' duty will water down the obligation and reduce consumer protection." The inquiry into the Corporations Amendment (Streamlining of FoFA) Bill 2014 will present its final report to the Senate on June 16. Read all Financial Standard coverage ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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