senator mathias cormann

Superannuation

Shorten accused of favouring large industry funds

Coalition claims new superannuation governance arrangements unduly favour large industry funds....

Financial planning

Opposition puts regulators and industry funds on notice referencing parliamentary accountability and competitive neutrality....

Policy & Regulation

Shorten predicts few changes to Labor's reforms

The Minister for Financial Services, Bill Shorten, has predicted that few of the financial services reforms implemented by the Gillard Government will be amended or repea...

Policy & Regulation

Coalition FOFA changes already drafted

The Federal Opposition has declared it will move quickly to repeal the worst elements of the Future of Financial Advice regime....

Editorial

When name calling hurts

Mike Taylor writes that the reputational damage often suffered by the financial planning industry might be substantially reduced if regulators and the media were a little...

Financial planning

Opposition commits to deliver on MIT changes

Opposition commits to deliver on changes necessary to make Australia a regional financial services hub....

Policy & Regulation

FOFA consolidation not unintentional: Cormann

Opposition spokesman on Financial Services Mathias Cormann has suggested the dealer group consolidation being driven by FOFA reforms is not entirely unintentional....

Policy & Regulation

FOFA carve-out for time share commissions

The Government has agreed to a FOFA carve-out for commissions paid on time share sales....

Financial planning

CPD points available at FSC conference

The Financial Services Council has broken new ground by ensuring CPD points will be available to delegates attending its annual conference on the Gold Coast, August 1-3....

Policy & Regulation

Cormann warning on MIT withholding tax deal

The Federal Opposition has criticised a deal between the Government and the Greens impacting withholding tax arrangements on MITs....

Editorial

End game – a post-election FOFA?

With FOFA having passed both the House of Representatives and the Senate, all eyes in the financial services industry will now be turned to ASIC and the consequent shape ...

Financial planning

Coalition claims political expediency

Coalition claims Financial Services and Superannuation Minister Bill Shorten acted on accountants' regime with an eye to changes within the Government....

Editorial

FOFA concessions may have an expiry date

Mike Taylor writes that the Federal Opposition has signalled some of the so-called ‘concessions’ extracted around the passage of the FOFA bills may not have a life beyond...

Policy & Regulation

Key FOFA 'concession' in question

The Federal Opposition has signalled it remains to be convinced about either introducing or supporting legislation which would restrict the use of the terms 'financial pl...

Financial planning

Govt recommits to Johnson Report

The Federal Government has recommitted to delivering on the Financial Markets Report regime evolving out of the so-called Johnson Report - the first time it has been flag...