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Reservations About CSLR and FAR Legislation – FPA
The FPA continues to hold reservations about the proposed Compensation Scheme of Last Resort and the Financial Accountability Regime Legislation introduced into Parliament, saying the scope of the scheme needs to be broader.
FPA CEO...
Finalisation of the CSLR and FAR Legislation Welcomed
The introduction of the Compensation Scheme of Last Resort and the Financial Accountability Regime Legislation into Parliament has been welcomed by the FSC, which says this reflects the Government’s focus on finalising the remaining...
Industry Groups Respond to Introduction of CSLR Legislation
Two industry groups have welcomed the introduction of legislation to establish a Compensation Scheme of Last Resort, albeit with some reservations.
Stephen Jones, the Assistant Treasurer and Minister for Financial Services, has announced that the...
CSLR – Is the Cure Worse Than the Disease?
The Government’s decision not to give the Compensation Scheme of Last Resort (CSLR) a ‘swift passage’ through Parliament should give Canberra pause for thought, according to The Advisers Association.
TAA CEO, Neil Macdonald says that...
Call for Urgent Rethink of CSLR Funding
Synchron Director, Don Trapnell is calling for an urgent rethink of funding for the Government's upcoming Compensation Scheme of Last Resort.
In a statement Trapnell says the advice sector should pay “not a single dollar”...
Legislation to Establish CSLR Introduced
Legislation to establish the Compensation Scheme of Last Resort and the Financial Accountability Regime, has been introduced into Parliament.
A media release from the Minister for Superannuation, Financial Services and the Digital Economy, Jane Hume,says...
FAAA’s Top Five Priorities for Next Government
As the date of the Federal Election gets closer the FAAA has released a list of priorities for the incoming government. Drawn up following a member survey, the organisation has identified some predictable areas...
February 2025
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Government Must Recommit to Improved Risk Product Rationalisation
All Change for Adviser Education
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