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Showing 51 - 60 of 145 results for "Parliamentary Joint Committee"

Bank results underpin wealth management new era

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
... number of major reviews and inquiries into their culture and behaviour in the past. At the moment, a Parliamentary Joint Committee into financial advice, the Financial System Inquiry (FSI) and the Trowbridge report into risk advice are raising questions ...

Banking and super groups back parliamentary recommendations

DARREN SNYDER  |  FRIDAY, 8 MAY 2015
... professional, ethical and education standards in the financial services industry. Public responses to a Parliamentary Joint Committee on the issue were due recently and Australian Bankers' Association chief executive, Steve Munchenberg, said the industry ...

ASIC takes SMSF business to court

MARK SMITH  |  MONDAY, 4 MAY 2015
... to the growth in SMSFs, the increase by SMSFs in geared investment strategies and following the Parliamentary Joint Committee inquiry into the collapse of Trio, ASIC established an SMSF Taskforce in 2012. "The Taskforce meets regularly to examine high-risk ...

Frydenberg to decide on advice standards in June

LAURA MILLAN  |  THURSDAY, 30 APR 2015
... Treasurer before next Thursday. "We had a broad conversation covering all of the key issues in the Parliamentary Joint Committee report," Anderson confirmed. "From our point of view, we want to make sure that there are sensible transition arrangements ...

Industry meets behind closed doors to fix advice

LAURA MILLAN  |  WEDNESDAY, 29 APR 2015
... education standards for financial advisers. The roundtable is the first of three and will focus on the Parliamentary Joint Committee report, following the inquiry into advice standards, the Assistant Treasurer's office confirmed to Financial Standard. ...

Industry needs to act after Trowbridge report failure

ALEX BURKE  |  TUESDAY, 21 APR 2015
... professional standards of life risk advice, Rowe supported adopting the recommendations made in the parliamentary joint committee on corporations and financial services inquiry: degree-level qualifications, 12 months of supervised training and a registration ...

Treasury starts consultation for higher advice standards

STAFF WRITER  |  FRIDAY, 27 MAR 2015
... Assistant Treasurer Josh Frydenberg said. The consultation paper is based on the recommendations of the Parliamentary Joint Committee (PJC) on Corporations and Financial Services, which recently conducted an inquiry into financial advisers' education ...

Labor backs ASIC data retention authority

ALEX BURKE  |  MONDAY, 23 MAR 2015
... amendments were necessary due to the "significant shortcomings" of the original bill. Dreyfus thanked the Parliamentary Joint Committee on Intelligence and Security for its recommendations, emphasising the importance of "authorising ASIC and the ACCC ...

Assistant Treasurer to consult with financial advice stakeholders

ALEX BURKE  |  FRIDAY, 20 FEB 2015
... industry with all relevant "stakeholders" prior to making any policy decisions. Noting the value of the Parliamentary Joint Committee on Corporations and Financial Services' recommendations and agreeing that the current regulatory system for the training ...

Industry waiting on Frydenberg for adviser education guidance

LAURA MILLAN  |  MONDAY, 19 JAN 2015
... inquiry's conclusions when they were released on December 19. The bipartisan report put together by the Parliamentary Joint Committee on corporations and financial services recommended to raise the minimum qualification for financial advisers and the ...