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Showing 711 - 720 of 1328 results for "Parliament"

AFA to lobby for MySuper opt in arrangement

LAURA MILLAN  |  FRIDAY, 17 OCT 2014
... they're going to lose if they do it." He said that the AFA has raised the issue with a number of Senators and Members of Parliament, including some crossbenchers. "They are almost disbelieving that this is what's about to happen," he said.

FPA appoints new CRC Chair, rolls out education standards

STAFF WRITER  |  WEDNESDAY, 15 OCT 2014
The Financial Planning Association of Australia (FPA) has appointed a new Chair of its Conduct Review Commission (CRC) and rolled out a proposed Education and Professional Standards Framework to the Parliamentary Joint Committee (PJC) Inquiry. The FPA ...

Super Mario dropkicks markets

BENJAMIN ONG  |  FRIDAY, 3 OCT 2014
... three measures on our balance sheet size will be significant. And our balance sheet, as I think I said in the European Parliament, is expected to be steered towards the dimension, the size, it had at the beginning of 2012." Yup, there's that 2012 level ...

Coalition Senators head-to-head over FoFA

LAURA MILLAN  |  FRIDAY, 26 SEP 2014
The government's reforms to the Future of Financial Advice (FoFA) could be disallowed by Nationals' Senator John Williams after he staged a parliamentary confrontation against Finance Minister and Liberal Senator Mathias Cormann. The Senate Standing ...

FSC advice regulation plan leaves AMP cold

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
The Financial Services Council (FSC)'s recently proposed advice regulation plan lacks the support of one of its biggest members. AMP has said it does not believe in a regulatory solution to restore consumer confidence and trust in financial advice ...

Hockey accuses Labor of making "a mess" of FoFA

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... than focusing on his portfolio at the time" when the Future of Financial Advice (FoFA) legislation was first tabled in Parliament. Labor Member of Parliament Bernie Ripoll asked the Treasurer during question time: "given that the [Financial Services ...

Advice associations under conflict of interest on professionalism: ASIC

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
Advice industry self-regulation is not an appropriate model to increase professionalism in the financial advice industry, as associations have "an inevitable conflict of interest," the Australian Securities and Investments Commission has argued. "Industry ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
... industry and the Australian Securities and Investments Commission (ASIC) remain "under intense scrutiny and pressure-from parliament, press, and the public-to demonstrate that they will not allow unscrupulous advisors to prey on unsuspecting Australians ...

Forget about national advice exam, focus on training: CPA

LAURA MILLAN  |  THURSDAY, 11 SEP 2014
A national examination for financial advisers would fail to address the current deficiencies and, instead, CPA Australia and Chartered Accountants ANZ say the focus should be on adviser training and establishing a comprehensive curriculum. A single ...

Advisers must attend ethics classes, say ISA and AIST

JAMES FERNYHOUGH  |  WEDNESDAY, 10 SEP 2014
Financial advisers should be forced to undergo mandatory ethics classes as part of a comprehensive overhaul of the professional standards of the industry, the not-for-profit superannuation industry has argued. In a joint submission to the Parliamentary ...