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Showing 1 - 10 of 27 results for "Senate Economics Committee inquiry"

Jones clarifies scope of new class of adviser

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... backstop, de facto capital, stable investment product that the scheme guarantees,'" he said. The Senate Economics Committee Inquiry into Wealth Management Companies (CSLR and Dixon Advisory) has been deferred from March 27 to July 28 - a four-month delay. ...

FAAA 'frustrated' as Dixon inquiry delayed

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
The Senate Economics Committee Inquiry into Wealth Management Companies (CSLR and Dixon Advisory) has been deferred from March 27 to July 28 - pushing back the inquiry by four months. Parliament returned this week, and the Senate approved the deferral ...

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The Financial Advice Association Australia (FAAA) has made a submission to the Senate Economics Committee inquiry into wealth management companies, highlighting financial advisers' concerns around the Compensation Scheme of Last Resort (CSLR). Specifically ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

Nationals pressure Treasury for RC into white collar crime

LAURA MILLAN  |  MONDAY, 23 FEB 2015
... Williams and the Treasurer, the Senator said. Williams is the Senator who tabled the motion for a Senate Economics Committee inquiry into the performance of the Australian Securities and Investments Commission (ASIC) in mid-2013. The inquiry revealed ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... Commonwealth Financial Planning (CFPL) and Financial Wisdom (FW) customers being made public by the Senate Economics Committee inquiry into the performance of the Australian Securities and Investments Committee (ASIC). The inquiry, chaired by Labor Senator ...

Advisers confronted with harsh reality of whistleblowing

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
... regulator was not acting on his and other whistleblowers' information. These revelations prompted a Senate Economics Committee inquiry into ASIC, which resulted into a comprehensive report that included 61 recommendations. Morris spoke about the effects ...

Questions raised about ANZ and Timbercorp

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
The Senate Economics Committee inquiry into forestry managed investment schemes heard victims of Timbercorp point to the failed scheme's relationship with ANZ Banking Group. "The evidence presented at the first hearing of the Senate inquiry in forestry ...

Government says no to CBA Royal Commission

LAURA MILLAN  |  FRIDAY, 24 OCT 2014
... The government has issued a two-page response to the 61 recommendations put together by the Senate Economics Committee inquiry into the performance of the Australian Securities and Investments Commission in July. Regarding the Committee's proposal to ...

ASIC demands last resort compensation scheme

LAURA MILLAN  |  MONDAY, 20 OCT 2014
... options have truly been exhausted." The regulator made the demand in its submission to the Senate Economics Committee inquiry into forestry managed investment schemes (MIS) and in its submission to the Financial System Inquiry (FSI). ASIC noted that ...
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