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Showing 51 - 60 of 1022 results for "Inquiry"

Finance workers worry about job displacement from AI, government urged to take action

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
Financial services employees worry their jobs are being increasingly upended by artificial intelligence (AI), as an inquiry asks the government to urgently balance technological advancements and potential job displacements. The Future of Work report ...

FAAA 'frustrated' as Dixon inquiry delayed

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
The Senate Economics Committee Inquiry into Wealth Management Companies (CSLR and Dixon Advisory) has been deferred from March 27 to July 28 - pushing back the inquiry by four months. Parliament returned this week, and the Senate approved the deferral ...

Government must commit to fixing CSLR: FAAA

MATTHEW WAI  |  THURSDAY, 23 JAN 2025
... they took so long to act." "ASIC's own submission to the Senate Economics Committee's Wealth Management Companies Inquiry admits that they initially undertook a significant surveillance exercise with respect to Dixon Advisory in 2015, yet evidently ...

FAAA accuses government of crucial CSLR failure

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
... could ultimately spike the cost of financial advice, "putting it out of reach of more Australians", while submitting an inquiry to address "deep flaws" about the Dixon Advisory business model. "The Royal Commission had a different purpose and was finalised ...

Dixon Advisory clients should be heard at Senate inquiry: Anderson

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
... Association Australia (FAAA) general manager of policy, advocacy, and standards Phil Anderson has urged the Senate Committee inquiry into Dixon Advisory to hear from ex-clients. Anderson said it should never be forgotten that it's these clients who ...

Productivity Commission tasked with five new inquiries

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... economy and identify priority reforms that could drive measurable improvements in productivity growth," Chalmers said. Each inquiry will focus on one of the five pillars of the government's productivity agenda including, creating a more dynamic and resilient ...

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The Financial Advice Association Australia (FAAA) has made a submission to the Senate Economics Committee inquiry into wealth management companies, highlighting financial advisers' concerns around the Compensation Scheme of Last Resort (CSLR). Specifically ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found. The Parliamentary Joint Committee on Corporations and Financial Services investigating the interplay between regulation ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... to professions like law, accounting, engineering and so on - but it is an area the FAAA is looking into. Dixon Advisory inquiry update The public inquiry into the failures of Dixon Advisory, which is under the watch of the Wealth Management Companies ...

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... compulsory superannuation and the creation of the Superannuation Guarantee and was first recommended by the Financial Systems Inquiry in 2014 and reinforced in the Retirement Income Review of 2020. Super Members Council chief executive Misha Schubert ...