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Showing 61 - 70 of 274 results for "Financial System Inquiry"

Super's objective needs to get personal

DARREN SNYDER  |  TUESDAY, 12 APR 2016
An association for corporate superannuation advisory businesses has labeled the Financial System Inquiry's definition of super's objective as impersonal and believes it should be more meaningful to working Australians. Workplace Super Specialists Australia ...

Federal Government told to stop 'tinkering' with superannuation

KERRIE SYDEE  |  THURSDAY, 7 APR 2016
... purpose of superannuation. "Defining super and enshrining it in law was an important recommendation of the Financial System Inquiry and will serve as a yardstick against which all future decisions impacting on our retirement system can be measured" ...

PC releases Efficiency and Competition Review issues paper

ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
... commissioned by Treasurer Scott Morrison earlier this year as part of the government's response to the Financial System Inquiry. In the paper, the PC has outlined that its main concerns with the superannuation system are not so much flawed processes ...

Govt announces superannuation's objective

ALEX DUNNIN  |  WEDNESDAY, 9 MAR 2016
... enshrine in legislation. The words the government is proposing are the same as those recommended by the Financial System Inquiry: 'To provide income in retirement to substitute or supplement the Age Pension'. In the paper, they explain that a legislated ...

Parliament passes FoFA amendments

ALEX BURKE  |  THURSDAY, 3 MAR 2016
... who access financial advice. "The Turnbull Government will continue to implement initiatives from the Financial System Inquiry in order to enhance the financial system and ensure Australians continue to have confidence that our financial system is the ...

Productivity Commission should focus on Choice underperformance: AIST

ALEX BURKE  |  FRIDAY, 19 FEB 2016
... moving on the consultative process required to set objectives of the super system - as recommended by the Financial System Inquiry. We question how the Productivity Commission can develop measures to assess the efficiency of the system, without any agreement ...

KPMG boosts wealth management with industry fund veterans

ALEX BURKE  |  FRIDAY, 19 FEB 2016
... added, "There are many issues driving change in the sector - such as the Government's response to the Financial System Inquiry, ongoing changes to the governance and distribution models in superannuation and the rapid internationalisation of investment ...

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
... sales driven by interest in Comprehensive Income Products for Retirement (CIPRs) as recommended via the Financial System Inquiry. "Following through with legislation will embed retirement income as the foundation of our superannuation system," he added. ...

Actuaries Institute asks for FSI to be implemented

MARK SMITH  |  MONDAY, 15 FEB 2016
... income stream products in its pre-Budget submission. The institute restated the proposals it made to the Financial System Inquiry (FSI) which were, in turn, reinforced in the FSI's final report but are yet to be implemented by the government. These included ...

UniSuper develops retirement product

LAURA MILLAN  |  THURSDAY, 10 DEC 2015
... during the accumulation phase. The development of the option follows the Government's response to the Financial System Inquiry (FSI), which was supportive of the recommendation calling on the superannuation industry to develop CIPRs to improve outcomes ...