federal opposition

Superannuation

Don’t tinker with super tax settings - Slattery

SMSF Association’s Andrea Slattery cautions against altering super tax concessions....

Editorial

The financial planning industry was simply outcampaigned on FOFA and must now look to play a longer and more strategic game....

Policy & Regulation

Govt and Labor agree on specific FOFA changes

Labor will support Govt FOFA changes on grandfathering and other key elements....

Policy & Regulation

Labor votes down FOFA amendments

The Federal Opposition has voted down the amendments to FOFA after protracted debate and procedural wrangling which occupied most of yesterday’s sitting time....

Policy & Regulation

ASIC urged to be facilitative on FOFA

The FPA has urged a facilitative approach from ASIC as planners seek to comply with the Senate imposed FOFA reversal....

Policy & Regulation

Labor has Senate numbers to defeat FOFA amendments

The Federal Opposition will push to disallow the FOFA amendments in the Senate after Labor Senator Sam Dastyari stated it had secured the numbers to win a vote on the mat...

Funds management

Trio victims tell opposition it’s too little, too late

Victims of the Trio Capital collapse have accused the Federal Opposition of jumping on their bandwagon for political populism....

Policy & Regulation

FOFA amendment changes extra levers to prosecute advice disputes

Changes to FOFA amendments agreed between the Government and PUP will act as levers against a planner in a dispute with a client....

Policy & Regulation

Wait and see on disallowing FOFA regulatons

While media reports are suggesting Senate disallowance of the FOFA regulatory changes is a fait accompli, Cormann says wait and see....

Financial planning

Planning - the most heavily scrutinised sector

The further Senate Commmittee process initiated by the Federal Opposition will simply be another in a long list starting in 2009....

Policy & Regulation

Opportunism driving Labor on FOFA - Cormann

Finance Minister, Mathias Cormann, claims the Opposition’s efforts to create a further Senate inquiry into the planning industry is political opportunism at work....

Policy & Regulation

Labor tipped to move for new Senate inquiry

Reports suggest the Labor Opposition will move to establish another Senate Committee inquiry into financial planning....

Editorial

FOFA battlelines unchanged

The Government may have moved to “rebalance” FOFA, but bipartisanship remains a forlorn hope....

Editorial

No change in the battlelines

The Government may have moved to “rebalance” FOFA, but bipartisanship remains a forlorn hope....

Financial planning

Commbank promises detailed response

Commonwealth Bank chief executive, Ian Narev has promised a detailed response to last week’s scathing Senate Committee report as Financial Services Minsiter, Senator Math...