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KELLY O'DWYER
Financial planning
A Government-backed Australian Securities and Investments Commission consultation paper has revealed the degree to which planners and planning firms will pay more for lic...
Superannuation
The Minister for Revenue and Financial Services has signalled the development of a retirement income framework beyond the development of CIPRs....
Features
The Government has opted to go with a ‘one stop shop’ approach to financial services external dispute resolution, but there is the real prospect of higher costs being imp...
Superannuation
The Minister for Revenue and Financial Services, Kelly O’Dwyer has pointed to people being able to opt-out of insurance inside superannuation via e-mail....
Financial planning
Labor’s proposed Royal Commission into the banking and financial services industry represents an inquiry looking for something to inquire about, according to the Ministe...
Editorial
Mike Taylor writes that a broad cross-section of the financial services industry has voiced its concerns about a compensation scheme of last resort but few appear to be l...
Financial planning
The Government is canvassing extending the Bank Executive Accountability Regime to executives within bank-controlled subsidiaries such as dealer groups, insurers and sup...
Superannuation
The Minister for Revenue and Financial Services, Kelly O’Dwyer has directly questioned the validity of profit-sharing arrangements between insurers and major superannuati...
People & Products
The Federal Government has appointed specialist taxation lawyer, Julianne Jaques to the Board of Taxation as a part-time member for three years....
Policy & Regulation
Licensees providing holistic advice will be hit harder than those focused on general and wholesale advice under the Government’s new industry funding proposals for the Au...
Superannuation
Minister for Revenue and Financial Services, Kelly O’Dwyer has released the draft super income stream regulations for public consultation to implement tax reforms....
Life/Risk
The Minister for Revenue and Financial Services, Kelly O’Dwyer suggests life insurance commissions should have been addressed within FOFA....
Financial planning
While the industry has welcomed the passage of the professional standards bill, Kelly O’Dwyer has reiterated the Government’s arguments against a Royal Commission into ba...
Superannuation
The Minister for Revenue and Financial Services, Kelly O’Dwyer established an inter-departmental working group on non-payment of the super guarantee without telling a Sen...
Financial planning
The Government has signalled its support for the recommendations of the special panel reviewing financial services external dispute resolution for a single body amalgamat...
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...