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Showing 991 - 1000 of 1948 results for "Proposal"

Industry funds attack banks on super

DARREN SNYDER  |  MONDAY, 31 AUG 2015
Industry Super Australia has launched a series of advertisements putting their case ahead of proposals likely to change the way employer and employee default superannuation funds are selected. Earlier this month federal Assistant Treasurer Josh Frydenberg ...

Bankers see ASIC user pays model as burden

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
The Australian Bankers' Association (ABA) said that the government's proposal to implement a user pays funding model for the corporate regulator would increase "the cost burden on the Australian financial services industry." The ABA urged caution in ...

Super governance changes questioned

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
The federal government's focus on accountability around conflicting interests in superannuation boards has been described as "curious" by lawyers reviewing proposed super governance legislation. A paper prepared by Hall and Wilcox Lawyers for the Australian ...

Medcraft defends ASIC record

ALEX BURKE  |  FRIDAY, 14 AUG 2015
... its capabilities over the past few years, and that this process will continue. Medcraft also discussed ASIC's recent proposal to recover expenses related to its investigations in the event of a "successful prosecution or civil proceeding," noting this ...

Westpac insurance adviser gets permanent ban

LAURA MILLAN  |  THURSDAY, 13 AUG 2015
A Westpac financial planner has been permanently banned for submitting false insurance policy proposals to the bank to obtain benefits for himself. Victoria-based adviser Martin Hodgetts submitted nine false insurance policies between May and September ...

Regulation is not the only answer: Herbert Smith Freehills

LAURA MILLAN  |  WEDNESDAY, 12 AUG 2015
... accountability" - and reducing homogeneity are other advantages of having independent directors. Referring to the debate that the proposal has generated in the industry, he said that "any argument is valid, but the case hasn't been made strongly enough ...

NZ looks to Trowbridge for life reforms

ALEX BURKE  |  TUESDAY, 28 JUL 2015
New Zealand's Financial Services Council (FSC) has commissioned a report on life insurance advice, with Life Insurance and Advice Working Group chair John Trowbridge selected as an adviser for the project. Consulting actuaries Melville Jessup Weaver ...

ISA voices strong opposition to "radical" super reform

LAURA MILLAN  |  MONDAY, 27 JUL 2015
Industry Super Australia (ISA) has warned that the government's proposal to remove equal representation in super fund boards "is radical" and constitutes the most significant change to the system since its inception. "There is a real risk that importing ...

86 billion Euros are in the mail, just

BENJAMIN ONG  |  TUESDAY, 14 JUL 2015
It's a deal! Well, er, not quite. He huffed and he puffed and he beat his chest. In the end, Greek PM Tsipras got his cake... on his face! Tsipras urged the Greeks to do what he say -- vote "Oxi" to the reforms for bail out conditions proposed by its ...

Industry funds embrace board independence

LAURA MILLAN  |  MONDAY, 13 JUL 2015
Top industry funds have embraced the proposal to introduce a third of independent directors to their boards and see it as an opportunity to add skills and improve governance. Despite opposition from Industry Super Australia (ISA), at least three of ...