parliamentary joint committee

PARLIAMENTARY JOINT COMMITTEE

Editorial

Mike Taylor reports that the likelihood of a bipartisan report and meaningful amendments emerging from the Parliamentary Joint Committee reviewing the FOFA bills is becom...

Superannuation

MySuper bill 'mandates flipping', warns Colonial First State

Colonial First State has warned that a section of the MySuper bill, as currently drafted, actually mandates 'flipping' to higher cost super arrangements....

Superannuation

Stronger Super tranche approach raises concerns

Mercer has expressed concern that the Government has adopted a tranche approach to its Stronger Super legislation....

Policy & Regulation

Financial planning industry vigilant on FOFA bill timing

The financial planning industry is remaining vigilant despite Government assurances on FOFA bills' debate timing....

Policy & Regulation

Government moves to debate FOFA bill ahead of PJC report

The Opposition will seek the support of the Independents to prevent the Government debating FOFA ahead of the PJC findings....

Policy & Regulation

FOFA to trigger 35,000 job losses, says Richard Klipin

As many as 35,000 people in the financial advice industry will lose their jobs if the proposed FOFA reforms go ahead without amendment, according to the Association of Fi...

Financial planning

FPA joins push on tax deductibility

The Financial Planning Association (FPA) has joined the push for the Government to make advice fees tax deductible while continuing to press its case for the restricted u...

Financial planning

Retrospective fee disclosure no surprise, says CHOICE

CHOICE chair Jenni Mack has dismissed claims by the Opposition that the imposition of an annual fee disclosure statement came as a complete surprise to the industry....

Financial planning

Retrospective fee disclosure no surprise, says CHOICE

CHOICE chair Jenni Mack has dismissed claims by the Opposition that the imposition of an annual fee disclosure statement came as a complete surprise to the industry....

Financial planning

ASIC warned to stay independent

ASIC has been placed on notice to adopt a more independent stance in the wake of the regulator having presented a Parliamentary Joint Committee (PJC) with preliminary dat...

Superannuation

ASFA wants longer implementation on MySuper

ASFA is arguing that superannuation funds need more time to accommodate the changes flowing from MySuper....

Financial planning

ASIC warned to stay independent

ASIC has been placed on notice to adopt a more independent stance in the wake of the regulator having presented a Parliamentary Joint Committee (PJC) with preliminary dat...

Editorial

FOFA raising questions of trust

Mike Taylor reports that a number of submissions filed with the Parliamentary Joint Committee reviewing the FOFA bills have revealed a serious disconnect between what the...