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Showing 31 - 40 of 163 results for "Parliamentary Joint Committee"

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... the term 'industry super'. The subject arose as Falinski questioned ASIC during the Senate Parliamentary Joint Committee, Corporations and Financial Services on its litigation against Mayfair 101. Part of ASIC's case against Mayfair 101 is ...

AMP advisers low priority for ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... value of advice businesses was not a priority for the regulator. In a letter to the chair of the Parliamentary Joint Committee on Corporations Senator James Paterson, O'Neil said she would like the committee to look into BOLR agreements being slashed ...

AustralianSuper PYS fee under scrutiny again

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... Protecting Your Super' to cover the cost of the fund complying with new legislation. At the Senate Parliamentary Joint Committee, Corporations and Financial Services Senator Andrew Bragg asked ASIC commissioner Danielle Press how ASIC's review ...

Litigation funding fight heats up

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
The Senate Parliamentary Joint Committee, Corporations and Financial Services looking into litigation funding and the regulation of the class action industry sparked a heated debate today. Menzies Research Centre chief of staff James Mathias was questioned ...

Litigation funders will need AFSLs

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... funder, the merged Omni Bridgeway and IMF Bentham supported the call for regulation last week as the parliamentary joint committee inquiry into class actions and litigation funding got underway. "As the pioneer of litigation funding in Australia, Omni ...

Industry funds revise ERS modelling

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... calculated the impact of the ERS initiative on retirement balances of super fund members, a response to a Parliamentary Joint Committee on Corporations and Financial Services question on notice reveals. ASIC was asked by Liberal Senator and Committee ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... since 2011. He authored three reports for NRMA, assisted with a 2015 senate enquiry and with a 2018 parliamentary joint committee. "We should be thinking about some of our superannuation funds investing in this, with government agreement for long-term ...

Complexity of grandfathered commissions overlooked

ELIZABETH MCARTHUR  |  FRIDAY, 27 SEP 2019
... writing was on the wall; however the reality is very different." Anderson points out that during the Parliamentary Joint Committee on Corporations and Financial Services Inquiry into the FOFA legislation grandfathering was not the subject of any debate. ...

Frydenberg flags new advice disciplinary system

HARRISON WORLEY  |  MONDAY, 19 AUG 2019
... "In comparison, the Future of Financial Advice Reforms (FOFA), took almost 23 months from when the Parliamentary Joint Committee on Corporations and Financial Services tabled its report to when legislation was first introduced. "There are currently 24 ...

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... Senator Deborah O'Neill successfully moved to refer the auditing sector to an inquiry by the Parliamentary Joint Committee on Corporations and Financial Services in Parliament yesterday, with a final report due by March 1 2020.