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

Search Results

Showing 51 - 60 of 114 results for "Senate inquiry"

Industry waiting on Frydenberg for adviser education guidance

LAURA MILLAN  |  MONDAY, 19 JAN 2015
... waiting on newly-appointed Assistant Treasurer Josh Frydenberg to make public the government's position on the Senate inquiry into adviser education standards. Financial Planning Association (FPA) general manager of policy and conduct Dante De Gori told ...

FPA sets sights on lifting professional standards

MARK SMITH  |  FRIDAY, 16 JAN 2015
... and professional standards. The FPA welcomes this and we are pleased to see that the Financial System Inquiry, Senate Inquiry into the Performance of ASIC and most recently the PJC Inquiry have widely supported the measures we called for in the FPA 10 ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... investigation. Finance Minister Mathias Cormann took over, sought more consultation and took FoFA through yet another Senate inquiry. In June, the Senate Economics Committee issued a report that was broadly supportive of the Coalition's proposed amendments. ...

Labor asks for bipartisan consensus on FSI super issues

LAURA MILLAN  |  MONDAY, 8 DEC 2014
... the bottom of these failures and driving change in the sector would come from the government agreeing to the ASIC Senate Inquiry recommendation to hold a Royal Commission." Whish-Wilson welcomed the inquiry's recommendation to rename 'general advice' ...

Questions raised about ANZ and Timbercorp

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
... to the failed scheme's relationship with ANZ Banking Group. "The evidence presented at the first hearing of the Senate inquiry in forestry managed investment schemes was explosive," Greens' Senator Peter Whish-Wilson told Financial Standard. "I look ...

Higher adviser education standards boost CFP demand

LAURA MILLAN  |  MONDAY, 10 NOV 2014
... their financial advisers, following industry debate prompted by several financial planning scandals and a recent Senate inquiry.

First Super to vote against CBA board members

LAURA MILLAN  |  MONDAY, 10 NOV 2014
... Super chief executive Bill Watson said, in reference to the financial planning scandals at CBA that prompted a Senate inquiry and forced the bank to set up a compensation program. "Aside from the very real damage to customers, the failure by the board ...

Coalition Senators head-to-head over FoFA

LAURA MILLAN  |  FRIDAY, 26 SEP 2014
... voice in expressing concern over financial advice legislation. In July 2013, he also tabled the request to start a Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC), following a number of media reports ...

Bipartisan Senate inquiry to grill financial services again

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
... Dastyari's inquiry will keep a close eye at the government's response to the 61 recommendations made by the previous Senate inquiry. Given the large number of inquiries that the Senate Economics Committee will be conducting in the next months, the committee ...

AMP lifts minimum adviser standards

LAURA MILLAN  |  THURSDAY, 21 AUG 2014
... so. AMP's decision follows a similar announcement by Commonwealth Bank (CBA), which has been at the centre of a Senate inquiry after media reports unveiled cases of adviser misconduct and inconsistent client compensation processes. AMP will also set ...