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Showing 601 - 610 of 1211 results for "Future of"

Coalition Senators head-to-head over FoFA

LAURA MILLAN  |  FRIDAY, 26 SEP 2014
The government's reforms to the Future of Financial Advice (FoFA) could be disallowed by Nationals' Senator John Williams after he staged a parliamentary confrontation against Finance Minister and Liberal Senator Mathias Cormann. The Senate Standing ...

Hockey accuses Labor of making "a mess" of FoFA

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... with unfair dismissal activity against his own leaders, rather than focusing on his portfolio at the time" when the Future of Financial Advice (FoFA) legislation was first tabled in Parliament. Labor Member of Parliament Bernie Ripoll asked the Treasurer ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
Labor and the Greens have asked the government to postpone again the vote on the changes to the Future of Financial Advice (FoFA) legislation until the Financial System Inquiry (FSI) releases its conclusions. "Labor Senators urge the government to withdraw ...

ASIC reviews FoFA progress

JAMES FERNYHOUGH  |  THURSDAY, 18 SEP 2014
The Future of Financial Advice (FoFA) reforms have had little effect on either adviser numbers or the type of financial advice AFS licensees provide, according to the Australian Securities and Investments Commission (ASIC). In its review on the implementation ...

QBE to invest $100 million in social benefit bonds

JAMES FERNYHOUGH  |  TUESDAY, 16 SEP 2014
... space," he said. Brader made his comments at the launch of a report by the Social Impact Investment Taskforce on the future of impact investing. The taskforce comprised the G8 nation, with Australia as the only non-G8 member contributing. The report ...

Instos offer advice at a loss to drive product sales: EY

LAURA MILLAN  |  TUESDAY, 9 SEP 2014
... robust advice has not been well articulated or understood," EY said. The document argued that the provisions of the Future of Financial Advice (FoFA) reforms have been heavily debated, but the real policy "elephant in the room" remains the economic model ...

Super fees drop as fund war rolls on

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... prices in some sub-segments falling as much as 20%. The decline is attributed to the introduction of MySuper and the Future of Financial Advice (FoFA) reform. Other contributors have been technology change, consumers' growing preference for low-cost ...

Ties between product and advice "archaic": FPA

ALICE URIBE  |  FRIDAY, 5 SEP 2014
... members and policy committee members and the development of the FPA's White Paper (and subsequent 10 point-plan) on the Future of the Profession. It said the it would provide supplementary submission on education standards for advisers, as well as the ...

Bipartisan Senate inquiry to grill financial services again

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
... at the current level of protections for financial advice consumers in the context of the government's changes to the Future of Financial Advice (FoFA) legislation. It will examine the role and the oversight by regulatory agencies in preventing the provision ...

Who will buy NAB Asset Servicing?

JAMES FERNYHOUGH  |  THURSDAY, 4 SEP 2014
... Australia Bank announced to the ASX that it was "undertaking discussions with a number of Global Custody providers" over the future of its custody business, NAB Asset Servicing (NAS). While NAB described it as a "strategic partnering", the industry understood ...