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Showing 51 - 60 of 274 results for "Financial System Inquiry"

PROFILE: FSC chief executive Sally Loane

ALEX BURKE  |  TUESDAY, 31 MAY 2016
... credit, though, she describes that day in positive terms. "It was the day David Murray brought down the Financial System Inquiry," she recalls, "and I saw the FSC team burst into a well-oiled machine. Obviously, the FSC under John Brogden and Andrew ...

Foreign managers priced out of super

ALEX BURKE  |  MONDAY, 30 MAY 2016
... charged globally as evidenced in a study of FSC members managing $7 trillion which we produced for the Financial System Inquiry." In some ways, this is unsurprising, given the wider aversion towards super fees in Australia; Financial Standard has previously ...

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... system is sustainable, flexible and has integrity. The objective of superannuation, as recommended by the Financial System Inquiry, is 'to provide income in retirement to substitute or supplement the Age Pension'. This objective, which will for the first ...

FSC releases policy priorities for next parliament

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
... parliament. Primarily, the FSC's statement concerns itself with outstanding issues highlighted in the Financial System Inquiry. Specifically, it emphasises the need for a professional framework for financial advisers and refining the recommendations ...

Financial Sector Advisory Council back in action

DARREN SNYDER  |  MONDAY, 9 MAY 2016
... mandate to advise the federal government on regulator performance as well as its implementation of the Financial System Inquiry (FSI). The rebuilt Council will have nine members and is to be chaired by Suncorp Group chief executive Michael Cameron. It ...

Panel to review financial services complaints system

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
... consideration of this related issue." O'Dwyer added the review builds on the government's response to the Financial System Inquiry. The panel: Professor Ian Ramsay (chair) - A professor of commercial law at the University of Melbourne; he is a member ...

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... provide income in retirement to substitute or supplement the Age Pension - a view synonymous with the Financial System Inquiry recommendation. The government will tax the earnings of Transition to Retirement Income Streams in a bid to reduce the incentive ...

APRA counts life insurance losses

KERRIE SYDEE  |  FRIDAY, 29 APR 2016
... legal environments. In its recommendation APRA points to a similar mechanism that was developed from the Financial System Inquiry Final Report and although not finalised or implemented, it was accepted by the government.

Royal Commission won't hit banks where it hurts

ALEX BURKE  |  FRIDAY, 15 APR 2016
... institutions is to implement pro-competitive reforms that "level the playing field" for smaller banks. "The Financial System Inquiry issued a pro-competitive blueprint in 2014 but there is a lack of urgency about implementing the reforms," Degotardi ...

Pre-retirees understand super's objective

DARREN SNYDER  |  WEDNESDAY, 13 APR 2016
... their super savings will last or be adequate for retirement. The federal government has accepted the Financial System Inquiry's recommendation that the objective of superannuation is to provide income in retirement to substitute or supplement the Age ...