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Showing 541 - 550 of 735 results for "Amendment"

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
Assistant Treasurer Arthur Sinodinos has made public the reforms to the Future of Financial Advice (FoFA) legislation, which include the removal of the opt-in requirement and the streamlining of fee disclosure statements. The amendments are in line ...

Advisers "hopeful" to hear FoFA changes before 2014

LAURA MILLAN  |  FRIDAY, 13 DEC 2013
The financial advice sector is hopeful that the government will make public the proposed changes to the Future of Financial Advice (FoFA) regulation before the end of the year. "It is a question of timing, but we are hopeful this can be solved before ...

Sinodinos hints at relaxing conflicted remuneration rules

MARK SMITH  |  THURSDAY, 14 NOV 2013
Assistant Treasurer Arthur Sinodinos has suggested that some forms of remuneration currently regarded as conflicted may be allowed under the government's amendments to the Future of Financial Advice (FoFA) reforms. In a pre-recorded interview with Association ...

Parliament to address large financial services agenda

LAURA MILLAN  |  TUESDAY, 12 NOV 2013
The 44th Parliament, which began its first sitting today, is set to address a number of relevant issues affecting the financial services industry. Treasury expects that the Parliament will announce the terms of reference and the panel members for the ...

Government to amend FoFA by the end of year

LAURA MILLAN  |  FRIDAY, 8 NOV 2013

Government must lift annuities impediments: ASFA

JAMES FERNYHOUGH  |  WEDNESDAY, 9 OCT 2013
... by superannuation funds, preferably through development of regulations which apply to both." He also recommended the amendment of Australian Prudential Regulation Authority (APRA) prudential standards applying to minimum surrender values of pension and ...

Election result to shape the industry: FPA

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
The result of the federal election is critical and will shape the financial services industry for future, Financial Planning Association (FPA) manager of Policy and Conduct Dante De Gori said. The FPA views the September 7 election as a challenge and ...

ATO clarifies when a pension ceases

STAFF WRITERS  |  THURSDAY, 1 AUG 2013
The Australian Taxation Office has issued a ruling confirming the conditions for when a pension ceases. The ATO issued the Ruling to explain when a superannuation income stream commences and when it ceases, and consequently when a superannuation income ...

FPA outlines concerns on TASA submission to Treasury

LAURA MILLAN  |  MONDAY, 22 JUL 2013
More clarification over the definition of 'tax advice' and requirements for training is needed in the amendments to the Tax Agent Services Act (TASA) 2009 the Financial Planning Association (FPA ) said in a submission to Treasury. FPA argued that "there ...

FPA sets out opposition to self-education cap

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
The Financial Planning Association (FPA) has opposed the proposal to cap self-education tax concessions at $2,000 in a submission to government. The FPA said that a Diploma of Financial Planning costs around $1,800 and that an average adviser would ...