Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 641 - 650 of 2020 results for "Legislation"

ASIC bans SMSF business director

HARRISON WORLEY  |  THURSDAY, 22 AUG 2019
... providing financial services at all. "ASIC found Goldenberg had been involved in a contravention of financial services legislation and is not adequately trained, or competent, to provide financial services as he demonstrated a lack of professionalism ...

ASIC to review end of grandfathering

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 AUG 2019
... "detailed engagement and analysis" with the regulator during the review. At the end of July, the government introduced legislation to ban grandfathered commissions for financial advisers. Treasurer Josh Frydenberg and assistant minister for superannuation ...

Peak bodies respond to government roadmap

KRISTI CHENG  |  TUESDAY, 20 AUG 2019
... Commission made 76 recommendations, of which 54 were directed to the Government with more than 40 recommendations requiring legislation. 12 are to be taken forward by the regulators, while 10 are for industry to implement.

Frydenberg flags new advice disciplinary system

HARRISON WORLEY  |  MONDAY, 19 AUG 2019
... new disciplinary system which will include a single, central disciplinary body. The government's roadmap shows legislation to enforce the new disciplinary body would be introduced before the end of 2020, however no further details were revealed. ...

Byres warns not to spread APRA too thin

HARRISON WORLEY  |  MONDAY, 12 AUG 2019
... - as noted by the report - that for a number of them to be fully implemented, increases in funding, and changes to legislation or policy will be required." When pressed on the issue, APRA chair Wayne Byres - appearing by phone from Sydney alongside deputy ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... the time frame given to phase out grandfathered commissions. Treasurer Josh Frydenberg announced earlier this week legislation would be introduced to ban the payment of grandfathered commissions this month, giving the industry 17 months to complete the ...

Jane Hume to address AFA Conference

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... the Productivity Commission. This week, Hume and Treasurer Josh Frydenberg announced the government will introduce legislation this week to end the payment of grandfathered commissions to financial advisers by 1 January 2021. Hume has previously worked ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
The government will introduce legislation this week to end the payment of grandfathered commissions to financial advisers by 1 January 2021. Federal Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial ...

Government to close super salary sacrifice loophole

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
New legislation will enforce stronger protections against dodgy employers who short change workers' superannuation savings via salary sacrifice contributions. Assistant Treasurer and Housing Minister Michael Sukkar introduced a raft of tax measures ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
The Senate Economics Legislation Committee has recommended MPs waive the Government's member interests superannuation reforms through Parliament, almost untouched. Releasing the report into its inquiry of the Putting Members Interests First Bill (PMIF) ...