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Showing 61 - 70 of 309 results for %22Better Advice Bill%22

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
The landmark Better Advice Bill, which introduces a new disciplinary body, passed the senate overnight. Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
The Better Advice Bill is proposing several changes to the mandatory financial advice exam, including substantially increasing the cost of each sitting. The Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 exposure draft ...

Hume puts finfluencer followers on notice

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... that trust in advisers will only grow stronger. "From 1 January 2022, assuming that the safe passage of the Better Advice Bill through the Senate, consumers will be able to trust that financial advisers' obligations will be monitored and enforced ...

VFMC appoints new chief executive

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... advisory interests," VFMC said. "Lisa has been an outstanding leader of VFMC and leaves the organisation in a significantly better place, well positioned for a challenging and exciting future. The board and I thank Lisa for her courage, challenge, optimism ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... Peter Robertson said the retrospective nature of the test is a disservice to super funds that have proactively sought to do better for members. It is also at odds with the decades-old disclaimer the industry is known for, that past performance is not ...

Benefits of advice reforms yet to materialise

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... until 1 January 2022 to pass the FASEA exam (with a nine-month extension granted in some cases). Finally, the Better Advice Bill, which is yet to be legislated, will have implications ranging from registration of financial advisers, moving to a single ...

Aware Super hires member growth executive

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... 6700 member. "We have an ambitious growth agenda as we pursue the size and scale that will help us continue delivering better long-term retirement outcomes for our members," Stewart said.

Engaged members expect more from super

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... and drives their future. The idea that share markets are for the few is dead," he said. "This new generation has demanded better, faster, more seamless access to all things across many categories. Investing in shares represents their opportunity to take ...

Single disciplinary body consultation opens

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Senator Jane Hume opened consultations on the highly anticipated Better Advice Bill in a bid to iron out the details on how the Financial Services and Credit Panel will operate. This afternoon, the Morrison government asked for feedback relating to ...

AFA slams skyrocketing ASIC levy

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
... for financial advisers, or alternatively give them the benefit of any penalties that might be generated and substantially better visibility of what they have invested in."