Submissions
An important part of the FPA's work to influence policy is the development of formal submissions to Federal or State government departments such as Treasury, or regulators such as ASIC. Our most recent submissions are available below. Older submissions can be found in the Submissions Archive.
2013 Submissions
- Exposure Draft TPB (PG) D04/2013: Course in Australian taxation law for financial planners
Tax Practitioners Board
21 May 2013
- Tax and Superannuation Laws 2 Amendment (2013 Measures No. 3) Bill 3 2013: Superannuation concessional contributions cap
Treasury
15 May 2013
- Consultation Paper 200 Managed Discretionary Accounts: Update to RG 179
Australian Securities and Investments Commission
5 May 2013
- Veterans' Affairs Legislation Amendment (Military Compensation Review and Other Measures) Bill 2013 [Provisions]
Senate Foreign Affairs, Defence and Trade Committee
18 April 2013
- Corporations Amendment (Simple Corporate Bonds and Other Measures) Bill 2013 – Schedule 2
Parliamentary Joint Committee on Corporations and Financial Services
18 April 2013
- Tax Laws Amendments Bill 2013 and proposed amendments to the Regulations
FPA supplementary submission
Treasury
25 March 2013
- Exposure Draft Tax Agent Services Act
Treasury
8 March 2013
- Federal Budget 2013-14: FPA submission
Treasury
31 January 2013
2012 Submissions
- Exposure Draft - Legislative amendments relating to the use of the expressions 'Financial Planner' and 'Financial Adviser'
Treasury
21 December 2012
- Exposure Draft - Accountants' exemption replacement regulations
Treasury
21 December 2012
- CP191 Future of Financial Advice: Approval of Codes of conduct for exemption from opt-in
requirement
ASIC
7 December 2012
- CP189 Future of Financial Advice: Conflicted Remuneration
ASIC
9 November 2012 - CP182 Best Interest Duty and Related Obligations
ASIC
10 October 2012
- PJC submission on Superannuation Legislation Amendment (Further MySuper & Transparency Measures) Bill 2012
Parliamentary Joint Committee on Corporations and Financial Services
3 October 2012
- Exposure Draft - Portabilility of Superannuation between Australia and New Zealand
Treasury
2 October 2012
- Review of the Payroll Tax Act 2007 (NSW)
Office of State Revenue
14 September 2012 - Default Superannuation funds in modern awards
Submitted to: Productivity Commission
3 August 2012
- Refund of excess concessional contributions
Submitted to: Treasury
29 June 2012
- Corporations Amendment Regulation 2012: FOFA Draft Regulations Package 3
Submitted to: Treasury
28 June 2012 - Financial Services Council proposed insurance 'churn' framework
Submitted to: Financial Services Council
27 June 2012
- FOFA Draft Regulations part 1 and 2
Submitted to: Treasury
10 June 2012 - Corporations Amendment Regulation 2012 - Grandfathering and First package of FoFA regulations
Submitted to: Treasury
10 June 2012
- Replacement to the accountant's exemption
Submitted to: Hon Bill Shorten MP
6 June 2012
- CP176: Review of ASIC policy on Platforms: Update to RG 148
Submitted to: ASIC
24 May 2012
- CP171: Strengthening the regulation of research report providers
Submitted to: ASIC
3 February 2012
- 2012-2013 Federal Budget Submission
Submitted to: Department of Treasury
27 January 2012 - PJC Submission on Superannuation Legislation Amendment Bill 2011
Submitted to: PJC Committee on Corporations and Financial Services
20 January 2012
- Corporations Amendment (Future of Financial Advice) Bill 2011 & Corporations Amendment (Further FOFA Advice Measures) Bill 2011
Submitted to: Senate Economics Legislation Committee
19 January 2012
Summary of recommendations: There are three key recommendations that the FPA would like to propose as priorities for the 2012/13 budget. These include:
1. A tax deduction to be available for the cost of upfront financial planning fees.
2. The removal of the age restriction (currently 75 where the work-test is satisfied) for the purposes of making concessional or non-concessional contributions.
3. Changes to the concessional contribution caps to ensure more Australians are able to self-fund their retirement. The FPA have a number of proposals for consideration.
Read the full Federal Budget submission here.
- Refund of excess concessional contributions
Submitted to: Treasury
20 January 2012 - PJC Submission on Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011
Submitted to: Parliamentary Joint Committee on Corporations and Financial Services
20 January 2012
2011 Submissions
CP 169: Term deposits that are only breakable on 31 days’ notice: Proposals for relief
Submitted to: ASIC
23 December 2011
FoFA Bill Tranche #1 and #2
Submitted to: PJC
22 December 2011
CP167 - Advertising financial products and advice services: Good practice guidance
Submitted to: ASIC
3 November 2011
SMSFR 2011/D1 Self Managed Super Funds: Limited recourse borrowing arrangements - application of key concepts
Submitted to: Australian Taxation Office
28 October 2011
Future of Financial Advice Bill 2011 - Exposure Draft - Tranche 2
Submitted to: Treasury
19 October 2011
Exposure Draft Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011
Submitted to: Treasury
13 October 2011
CP164 Additional guidance about how to scale advice
Submitted to: ASIC
23 September 2011
Future of Financial Advice Bill 2011 - Exposure Draft - Tranche 1
Submitted to: Treasury
19 September 2011
Refund of excess concessional contributions
Submitted to: Treasury
7 September 2011
PJC Inquiry into the collapse of Trio Capital and related matters
Submitted to: Parliamentary Joint Committee on Corporations and Financial Services
26 August 2011
Deductions for the cost of total and permanent disability insurance through superannuation
Submitted to: Treasury
1 July 2011
Response to CP153 Licensing: Training and Assessment Framework for financial advisers (Consultation Paper)
Submitted to: ASIC
22 June 2011
Richard St John Compensation Review (Consultation Paper)
Submitted to: Treasury
10 June 2011
Concessional superannuation caps for individuals aged 50 and over (Consultation Paper)
Submitted to: Treasury
30 March 2011
Wholesale and Retail Clients (Options Paper)
Submitted to: Treasury, Future of Financial Advice reforms
4 March 2011
Cost Recovery Impact Statement - Exposure Draft
Submitted to: AUSTRAC
25 February 2011
Using tax file numbers as an identifier and to facilitate superannuation account consolidation
Submitted to: Treasury
18 February 2011
2010-2011 Federal Budget
Submitted to: Treasury
28 January 2011
Leave a comment
FPA Members - please log in on the top right corner of the page if you would like to post a comment here.-
-
Updated Wednesday, 22 May 2013
[ read more ] -
Updated Wednesday, 22 May 2013
[ read more ] -
Updated Wednesday, 22 May 2013
[ read more ] -
Updated Wednesday, 22 May 2013
[ read more ] -
Updated Wednesday, 22 May 2013
[ read more ] -
Updated Tuesday, 21 May 2013
[ read more ] -
Updated Tuesday, 21 May 2013
[ read more ]
-
-
-
Thursday, 16 May 2013The terms “financial planner / adviser” are one step closer to enshrinement under law following the overnight tabling of a Parliamentary Joint Committee (PJC) report in Canberra.
[ read more ] -
Tuesday, 14 May 2013Tonight’s Federal Budget announcement avoided further big ticket superannuation system tinkering - a point welcomed by the Financial Planning Association (FPA).
[ read more ] -
Wednesday, 1 May 2013The Financial Planning Association (FPA) welcomes the new faces of financial planning to the professional body after already breaking 1,000 new members in financial year 2012-2013.
[ read more ]
-
CFP®, CERTIFIED FINANCIAL PLANNER®, and 
are certification marks owned outside the US by the Financial Planning Standards Board Ltd (FPSB). Financial Planning Association of Australia Limited is the marks licensing authority for the CFP marks in Australia, through agreement with the FPSB.