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Showing 51 - 60 of 854 results for %22Financial Regulator Reform%22

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... topics, regardless of the client's personal circumstances, goals or advice needs. This was found to "actively impede financial advisers from complying with the financial services laws, as clients were provided with expensive and templated advice ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... pension, preserving retirement savings, and promoting equitable outcomes for women and low-income earners, Fahy added. The Financial Services Council (FSC) also welcomed the government's consultation on a proposed definition and objective for the ...

Government progresses social housing measures

KARREN VERGARA  |  FRIDAY, 10 FEB 2023
... backing the initiative, pledging $500 million to the HAFF. "We believe that investing through the HAFF will meet the best financial interests of our members, particularly those members requiring a steady stream of income during retirement or as part ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
Superannuation funds could soon break free from the shackles of intra-fund advice but financial advisers aren't happy about it. The Quality of Advice Review proposal (QAR) sitting before Treasury would give super funds the green light to provide ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... now required to publish their gender pay gaps, while acknowledging there's still more to be done." Stewart told Financial Standard, to improve financial outcomes for women, the government can pay the super guarantee on paid parental leave and increase ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... super funds." Among her proposals, and as anticipated, Levy suggested amending the Corporations Act to allow for all financial product advice to be considered personal financial advice and for super funds to provide personal advice where it relates to ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
Crypto asset licensing and custody reforms by the government are targeting subsets outside the financial services framework. In a joint statement, treasurer Jim Chalmers and assistant treasurer and minister for financial services Stephen Jones said ...

Associations call for improved access to financial advice

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
The Joint Association Working Group (JAWG) has urged the government to improve access to financial advice through the Quality of Advice Review (QAR) proposals. In a letter to assistant treasurer and minister for financial services Stephen Jones, the ...

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... superannuation members through updates and revisions to SPS 515, and progressing connected reforms on prudent transfer planning, financial resilience, investment governance and retirement incomes. This year, trustees can expect changes to several policies ...

CPA calls for regulatory reforms for NFPs, charities

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
... capability- their existing professional advisors. "We recommend that this budget funds a program that provides direct financial incentives to small businesses and NFPs to access advice from their adviser of choice," it said. "...The value to the economy ...