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Showing 511 - 520 of 844 results for "Senate"

Masseurs Tony and Joey

BENJAMIN ONG  |  WEDNESDAY, 14 MAY 2014
... what impact the Budget measures would have on consumer and business confidence. Then again... that's if the Australian Senate votes to pass all the measures as is. Disclosure: lest I be crucified yet again, I'm neither an ALP nor Coalition fan.

CBA wants Senate to fix corporate super advice

LAURA MILLAN  |  MONDAY, 12 MAY 2014
... expressed concern that the ban on conflicted remuneration will affect corporate superannuation advisers and has asked the Senate inquiry into the Future of Financial Advice (FoFA) to find a way to solve the issue. The bank made this request in a submission ...

Westpac weighs in on FoFA debate

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
... protection. Westpac is the first of the Big Four to have its say on the FoFA changes, which are A currently being examined by the Senate Economics Committee. "The proposed amendments achieve an appropriate rebalancing of the original reforms by ensuring ...

Stakeholders stage FoFA confrontation in Senate submissions

LAURA MILLAN  |  WEDNESDAY, 7 MAY 2014
A new round of submissions to the Senate inquiry into the Future of Financial Advice (FoFA) amendments has seen consumers, academics and industry bodies holding increasingly opposing positions. Most stakeholders focused on the most controversial topics ...

New reports to stir financial planning perfect storm

LAURA MILLAN  |  MONDAY, 5 MAY 2014
... advisers, which has been questioned recently by the polemic changes to the Future of Financial Advice (FoFA) law and by the Senate inquiry to the Australian Securities and Investments Commission (ASIC). The program is expected to unveil the practices ...

Brogden reveals thinking behind FWC legal challenge

JAMES FERNYHOUGH  |  WEDNESDAY, 30 APR 2014
... The first is to have the legislation changed. Now, that's a matter for the government and of course it's a matter for the Senate, and I'm confident the government will pursue that avenue in legislation. "However, the government does not control the numbers ...

Wake-up call for watchdog after inquiry

LAURA MILLAN  |  TUESDAY, 22 APR 2014
... conducting the inquiry into the performance of the Australian Securities and Investments Commission (ASIC) will present the Senate with "a widespread report that will include the industries' black holes and dark corners." The senator and chair of the ...

ASIC admits wrongdoing in Senate hearing

LAURA MILLAN  |  FRIDAY, 11 APR 2014
... officials admitted that the regulator could have done more to prevent poor advice and malpractices in a tense five-hour Senate hearing. The hearing focused on ASIC's performance in dealing with allegations of poor advice, document forgery and fraud within ...

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
... removal of the opt-in requirement, and the sanctioning of commissions for general advice. The bill has been referred to the Senate Economics Committee, which is due to report in mid-June. "In the meantime, the acting assistant treasurer Senator Mathias ...