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

Search Results

Showing 861 - 870 of 2023 results for "Legislation"

ASIC advances towards telecommunication intercept powers

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
... offences, including information obtained from telecommunications interception warrants. Under current commonwealth legislation, the regulator cannot seek a warrant to obtain or receive intercept material when investigating serious contraventions of the ...

Government shows commitment to funds management

EMMA RAPAPORT  |  WEDNESDAY, 19 JUL 2017
... Asset Management managing director Australia Brett Jollie told a media roundtable this morning that until the IMR legislation came into force, the company was forced to contract offshore so the Australian entity would not be the contacting party to those ...

Government cracks down on salary sacrifice loophole

EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
... recommendations to improve superannuation guarantee compliance. In the report authors outlined how, due to a loophole in the legislation, all employer superannuation contributions including those made under salary sacrifice arrangements serve to satisfy ...

AFA collaborating for education framework rethink

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2017
... pathway, reflective of what consumers' value about financial advice and complementary to the Professional Standards legislation. "This is an important inflection point for our profession. It needs the voice of advisers to help shape the profession we ...

Optimo introduces robo platform

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2017
... optimise clients' financial strategy to best achieve financial and life goals, accounting for tax and superannuation legislation, family tax benefits, the Age Pension and a host of other factors including the client financial status to develop its strategies. ...

FPA professionalism plans garner adviser support

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2017
... financial advisers support the association's proposals around the forthcoming education and professional standards legislation. FPA chief executive Dante De Gori said the response from members to the FPAs 100-point plan, submitted to the Financial Advisers ...

FPA supports ASIC independence definition

KARREN VERGARA  |  FRIDAY, 30 JUN 2017
... regulator's definitions provide the industry with clarity on what terms can and cannot be used in relation to the legislation. ASIC recently clarified what it means for financial service providers to be truly independent. An adviser cannot claim to be ...

Independence definition too restrictive: AFA

ALEX BURKE  |  WEDNESDAY, 28 JUN 2017
... should be in the eyes of the consumer and not influenced by structural considerations that are included in the current legislation." Kewin noted the amount of advisers who had "gone to great lengths to establish themselves and their businesses as 'independent' ...

Advisers preparing ahead of professional standards: Spot poll

DARREN SNYDER  |  TUESDAY, 13 JUN 2017
... cent of financial advisers are already taking some course of action to address the incoming professional standards legislation in 2019. Last week the Financial Standard weekly readership survey asked 'As a financial adviser, what are you doing to meet ...

ASIC delays super disclosure reforms

ALEX BURKE  |  FRIDAY, 2 JUN 2017
ASIC is once again deferring multiple Stronger Super reforms so as to allow time for relevant legislation to finalise. Product dashboard requirements for choice products and portfolio holdings disclosure requirements will be delayed for two years - ...