Search ResultsShowing 1 - 10 of 100+ results for "Federal Government"
Government moves to expand design, distribution laws
HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
Consultation is open for exposure draft regulations extending the Federal government's design and distribution obligations. The government has released updated design and distribution obligations, which now extend to investor directed portfolio services ...
Cashwerkz chief steps down, trustee business to be spun off
ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
... enquiry about the timing of the de-merger, saying: "The post-Hayne Report regulatory recommendations from the Federal Government has both escalated reforms in the managed funds and superannuation sectors and our timeline to leverage the benefits of the ...
Chief economist update: Germany in the budget's shadow
BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
... amended to introduce the Schuldenbremse ("debt brake"), a balanced budget provision. This will apply to both the Federal Government and the Lander (German states). From 2016 onwards the federal government will be forbidden to run a structural deficit ...
Government extends FASEA deadlines
KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2019
The Federal Government has extended the deadlines for financial advisers to pass the Financial Adviser Standards and Ethics Authority's exam, as well as meet its qualification requirements. Assistant Minister for Financial Services, Superannuation ...
Complex retirement system requires simplicity: Report
KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... new report is putting forth key reforms needed to make superannuation fairer and more efficient ahead of the Federal Government's review of the retirement income system. The Actuaries Institute outlined a number of reforms needed to help fix the ...
Unfair contract terms extended to insurance
KARREN VERGARA  |  FRIDAY, 2 AUG 2019
The Federal Government is extending the unfair contract term regime to insurance contracts. Treasurer Josh Frydenberg said proposed amendments to the Unfair Terms in Insurance Contracts Bill 2019 announced this week is the result of the Coalition taking ...
Deeming rate calculations should be independent: Poll
KARREN VERGARA  |  THURSDAY, 25 JUL 2019
... readership agrees the calculation of deeming rates should be appointed to an external, independent body. After the Federal Government lowered deeming rates from July 1, we wanted to find out if the Minister for Social Services should no longer set the ...
APRA forced to overhaul culture, capabilities
KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... regulator's effectiveness, leadership structure and sluggish approach to enforcement. Samuel was appointed by the Federal Government in February to lead the panel, which comprises AGL Energy non-executive director Diane Smith-Gander and former Reserve ...
FASEA exam was fair: Poll
KARREN VERGARA  |  TUESDAY, 16 JUL 2019
... abilities, but haven't been given adequate time to study, he explained. This week's spot poll asks if the Federal Government should appoint an independent body to calculate deeming rates. Cast your vote here .
Government reduces deeming rates
KARREN VERGARA  |  MONDAY, 15 JUL 2019
The Federal Government has announced changes to deeming rates, a move welcomed by over 600,000 age pensioners. The Department of Human Services (DHS) will backdate deeming rates from 1 July 2019. The lower deemed rate will drop from 1.75% to 1%, while ...
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