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Showing 701 - 710 of 1328 results for "Parliament"

Infra committee recommends ISA's inverted bid model

JAMES FERNYHOUGH  |  FRIDAY, 5 DEC 2014
... receive attractive low volatility returns from the high performing infrastructure asset class." The report was tabled in Parliament yesterday.

ASIC stands up for adviser national exam

LAURA MILLAN  |  FRIDAY, 28 NOV 2014
Advisers in Australia should undertake a national examination to lift industry standards, Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has told a parliamentary committee "The industry needs to get its house in order ...

Industry welcomes grandfathering deal

LAURA MILLAN  |  WEDNESDAY, 26 NOV 2014
The financial services industry has welcomed the parliamentary agreement between the Coalition and Labor to fix the unintended consequences of scrapping grandfathering from the Future of Financial Advice (FoFA) legislation. The Financial Planning Association ...

FoFA opt-in to cause advisers biggest headache

JAMES FERNYHOUGH  |  THURSDAY, 20 NOV 2014
... an impact. It throws a big cloud on valuations." David Rae of DPR Accountants and Advisers meanwhile said events in Parliament last night were dramatic, but in practice little would change. "From a financial planning perspective, for someone like myself ...

Original FoFA laws take immediate effect

JAMES FERNYHOUGH  |  THURSDAY, 20 NOV 2014
... remuneration arrangements." Legislative instruments differ from primary legislation in that they do not need to be voted in by parliament, but either house can disallow them. This means a government can use its executive power to change laws without ...

FPA Congress begins amid FoFA unrest

ALICE URIBE  |  THURSDAY, 20 NOV 2014
... The opening session focused on the idea of "inspiring greatness." Rowe noted that "greatness can not come from the parliament." He set the tone of the conference by adding that "it is time to move on from FoFA. It is time for us as a professional community ...

Cormann to keep up the FoFA fight

ALICE URIBE  |  THURSDAY, 20 NOV 2014
... government had until 30 June 2015 to pursue its controversial financial advice reforms. "We have legislation in front of the Parliament, substantive legislation in front of the Senate. Two Senate inquiries have inquired into those laws and have recommended ...

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
The financial services industry responded with ire after the Future of Financial Advice (FoFA) laws were demolished in the Senate overnight. Labor, the Greens and four crossbenchers, including Palmer United Party's Jacqui Lambie, argued the Coalition's ...

Global deflation - the next worry?

BENJAMIN ONG  |  THURSDAY, 23 OCT 2014
The details are still sketchy as I type but the shootings at Canada's Parliament in Ottawa may just have been the reason dip-buyers were waiting for to cash in the gains they bought during the previous week's bigger than usual dips. Not because of oil ...

Life Insurance and Advice Working Group chair appointed

MARK SMITH  |  FRIDAY, 17 OCT 2014
... released in mid-December and a final report in February 2015. The Working Group will consult with the regulators and Parliament on its recommendations.