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Showing 81 - 90 of 182 results for "David Whiteley"

Women to feel pain of scrapped LISC

JAMES FERNYHOUGH  |  MONDAY, 16 JUN 2014
... scrapping the LISC would cost low income earners $946 million in superannuation contributions. ISA chief executive David Whiteley said: "Retention of the LISC is necessary for the integrity of compulsory super. The reality is that until every Australian ...

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... "Industry super funds do not pay sales commissions or other incentives to financial planners," Chief executive David Whiteley said. "The banks want to wind back provisions at the heart of FoFA, they want to extend the grandfathering of sales commissions ...

FoFA changes to cost consumers millions

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
... requirements were reversed, these members would continue to pay for advice they are not receiving. ISA chief executive David Whiteley said: "The report debunks any claims by the banks and financial planners that cutting consumer protections will reduce ...

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
... Authority (APRA) "would be better suited for overseeing the selection process." In response, ISA chief executive David Whiteley said that "seeking to halt a merit based assessment of default super products follows on from the banks' failed efforts to ...

ISA 'deeply concerned' over banks' MySuper campaign

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
... bank-led push to take the Fair Work Commission out of the default super selection process. ISA chief executive David Whiteley said the Fair Work Commission's involvement acted as a vital "quality filter". "The default fund system must act in the best ...

Cormann freezes FoFA amendments

MARK SMITH, ALICE URIBE  |  MONDAY, 24 MAR 2014
... legality of passing changes through regulation has also been questioned. Industry Super Australia Chief Executive David Whiteley said this afternoon that the intervention of the Minister was a timely circuit breaker and a victory for common sense. "Minister ...

Industry receives FoFA bill with mixed feelings

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... through this kind of advice as AFA advisers provide personal advice. Industry Super Australia (ISA) chief executive David Whiteley said that the reforms "will do more harm than good for the financial advice industry and the consumers it serves." "In ...

Labor hopes to disallow FoFA amendments

JAMES FERNYHOUGH  |  THURSDAY, 20 MAR 2014
... consumers and were arrived at after extensive consultation." In a letter to Industry Super Australia chief executive David Whiteley, opposition treasury spokesperson Chris Bowen said the government's decision to push the amendments through simultaneously ...

Cormann to take over Sinodinos' duties

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... comfortable with the change," Fox said. Industry Super Australia (ISA) also welcomed the change and its chief executive David Whiteley noted that "with Senator Cormann we have a Minister who understands the industry, and has always sought to understand ...

FoFA introduced into parliament with some tweaks

ALICE URIBE  |  WEDNESDAY, 19 MAR 2014
... the re-introduction of commissions on investments and superannuation." Industry Super Australia (ISA) executive David Whiteley said that the FoFA reform bill would do more harm than good for the financial advice industry and consumers unless consensus ...