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Showing 81 - 90 of 320 results for %22House of Representatives%22

FASEA extension passes

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... extend deadlines for the Financial Adviser Standards and Ethics Authority exam and education requirements has passed the House of Representatives. The Treasury Laws Amendment (2019 Measures No.3) Bill amends the Corporations Act so that financial advisers ...

AMP faces fresh class action

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
... 100,000 clients. Shine Lawyers alleges the beleaguered firm failed to act in its clients' best interests by selling in-house life insurance products at inflated prices, thus failing to provide them with objective financial advice. The class action ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
... outdoor, online and social last night, ISAs new campaign is timely in light of comments made by RBA governor Phillip Lowe at a House of Representatives Standing Committee on Economics hearing on Friday. The head of the Reserve Bank said the RBA believes ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... bushfires, coronavirus are among the risks Reserve Bank of Australia governor Philip Lowe nominated when he testified before the House of Representatives Standing Committee on Economics on the February 7. One day later, and Lowe would have included the ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... four as at September end. NAB first signaled the additions in NULIS chair Peter Promnitz's opening statement to the House of Representatives. "Our four new directors possess diverse and extensive experience in financial services, and I welcome them ...

ASIC confirms SMSF negative returns

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
The Australian Securities and Investment Commission has told the House of Representatives Standing Committee on Economics that SMSF's below $200,000 have a negative return on assets. Providing the most recent data from the ATO, ASIC answered the question ...

IOOF identifies 67 high risk advisers

ELIZA BAVIN  |  FRIDAY, 10 JAN 2020
Embattled wealth manager IOOF has told the House of Representatives Standing Committee on Economics that it has identified 67 "higher risk" financial advisers within its business. The number comes as IOOF fronts the committee to answer questions previously ...

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... superannuation trustee and five super funds. Responding to a question on notice from its November appearance before the House of Representatives Standing Committee on Economics, AMP revealed its simplified wealth management arm will see it aim to close ...

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... can see below, it's been reflected in the stories we've seen resonate with them too. 1. Westpac mulls sale of in-house planners In February, Financial Standard exclusively revealed Westpac was considering the sale of its in-house planning division. ...

Government fund appoints new chair

KANIKA SOOD  |  MONDAY, 16 DEC 2019
... and QSuper are currently considering the possibility of a merger which the latter's chief executive Pennisi told the House of Representatives Standing Committee on Economics, may result in a merger or a "some other arrangement ". Luke will start ...