Search ResultsShowing 1 - 10 of 100+ results for "Parliamentary Joint Committee"
Complexity of grandfathered commissions overlooked
ELIZABETH MCARTHUR  |  FRIDAY, 27 SEP 2019
... writing was on the wall; however the reality is very different." Anderson points out that during the Parliamentary Joint Committee on Corporations and Financial Services Inquiry into the FOFA legislation grandfathering was not the subject of any debate. ...
Frydenberg flags new advice disciplinary system
HARRISON WORLEY  |  MONDAY, 19 AUG 2019
... comparison, the Future of Financial Advice Reforms (FOFA), took almost 23 months from when the Parliamentary Joint Committee on Corporations and Financial Services tabled its report to when legislation was first introduced. "There are currently 24 streams ...
Document leak puts NAB under the pump
HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... Senator Deborah O'Neill successfully moved to refer the auditing sector to an inquiry by the Parliamentary Joint Committee on Corporations and Financial Services in Parliament yesterday, with a final report due by March 1 2020.
Genetic tests no barrier to life insurance
ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
... the group that was told about disclosures were more likely to decline the test. "We know that the Parliamentary Joint Committee recommended a moratorium for that and other reasons, but there could be different evidence put forward," Chen said. "I encourage ...
MP slams prolonged grandfathered commissions carve out
KARREN VERGARA  |  TUESDAY, 2 APR 2019
... Parliament agreed to provide a "carve-out" for grandfathered commissions. But the report by the Parliamentary Joint Committee on Corporations and Financial Services that looked at FoFA indicated the carve-out was only for that point in time, he said. ...
Life insurer early intervention reforms dumped
KARREN VERGARA  |  THURSDAY, 25 OCT 2018
... and early intervention treatment have been scrapped by the Federal Government. In response to the Parliamentary Joint Committee on Corporations and Financial Services' report released yesterday, the Financial Services Council said it was "deeply ...
Post Royal Commission change is all talk: Shipton
JAMIE WILLIAMSON  |  MONDAY, 22 OCT 2018
... financial institutions in meeting reporting requirements. On Friday, ASIC chair James Shipton told the Parliamentary Joint Committee on Corporations and Financial Services that the regulator is still experiencing "slow and delayed responses from financial ...
Life insurer early intervention a win: Research
KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
... current system are leading to negative outcomes for some vulnerable Australians, the FSC noted a Parliamentary Joint Committee is currently considering whether to allow life insurers the ability to provide targeted rehabilitation payments for Australians ...
Life insurers should fund medical rehabilitation: MLC
KANIKA SOOD  |  MONDAY, 21 MAY 2018
... should be able to fund medical treatments for rehabilitating customers - the subject of a current Parliamentary Joint Committee - with giants like MLC Insurance and AustralianSuper batting for it while the private health insurance industry raises its ...
Royal Commission must cast net wider
JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... superannuation funds is being overlooked. Adding fuel to these calls was a February hearing of the Parliamentary Joint Committee on Corporations and Financial Services - where ASIC deputy chair Peter Kell conceded the regulator has failed to effectively ...
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