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Showing 1 - 10 of 12 results for "Proposals Paper"

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
... fee for advice or a commission is paid. This test is simpler and more certain than that which I proposed in the Proposals Paper," she said. Association of Financial Advisers (AFA) chief executive Phil Anderson said this proposal in particular has been ...

No big surprises, Levy promises

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... obligation to give good advice, [but] I have been working on the formulation of that," she said. "I think in the proposals paper, it feels like forever ago now, but I think it was about being reasonably likely to benefit the client. So now I am thinking ...

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... but additional disclosure rules be introduced to ensure clients consent to the payments. In August, the first proposals paper from the Quality of Advice Review was released, devoid of any comment on life insurance commissions, pending further consultation. ...

Choice performance test pause in members' best interests: Chant West

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
... fuller picture of overall performance," he said. Separately, commenting on the Quality of Advice Review's recent proposals paper, Zenith Investment Partners chief executive David Wright said he is not satisfied with Levy's proposal to deregulate ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... have hope that policymakers are listening to their concerns and will embrace the opportunity offered through the proposals paper to open new affordable advice pathways for consumers." "The onus is on industry, consumer groups and government to support ...

The audacity of Mark Bouris and Ray Miles

MICHELLE BALTAZAR  |  THURSDAY, 28 JAN 2010
... assets in direct investments shows how attractive this style of investing has become," he added. According to the proposals paper, the syndicate is not obliged to go with just one provider but it intends do so. It is a three-year agreement, subject to ...

Rationalise me

MEDIA RELEASE  |  MONDAY, 14 DEC 2009
... cheaper and modern version of their investments. The minister for superannuation, Chris Bowen, has released a proposals paper as the next step in rationalising the managed funds and life insurance industries. "The proposed product rationalisation mechanism ...

At long last some logic on FSR streamlining

ALEX DUNNIN  |  FRIDAY, 17 NOV 2006
... consumers out of getting advice. Chris Pearce, parliamentary secretary to the Treasurer, said, "The release of this proposals paper & is an exciting step forward to achieving a simpler regulatory system." The proposals cover a whole range of topics ...

More draft FSR regulations released

... authorising representatives. The refinements, originally outlined in the Refinements to Financial Services Regulation proposals paper released in May 2005, are designed to improve the operation of the FSR framework, put better consumer protections in ...

ASIC issues guidance about general financial advice

... guidance was prepared after industry consultation and is part of two ASIC projects in implementing the government's proposals paper 'Refinements to Financial Services regulation' and its Information Release IR 05-22: 'ASIC provides details on financial ...
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