Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1061 - 1070 of 1814 results for "Regulation 2014"

Hockey Review to push for industry deregulation

LAURA MILLAN  |  THURSDAY, 17 OCT 2013
The Government's Financial System Inquiry will undertake "a general health check" on the industry aimed at removing regulation, Treasurer Joe Hockey said. Speaking at the American Australian Association in New York, Hockey said that the inquiry will ...

Sinodinos confirms election promises will be met

MARK SMITH  |  MONDAY, 14 OCT 2013
In his first public address since taking office the Minister reiterated Prime Minister Tony Abbot's plan to reduce red tape, promote greater competition and improve infrastructure in a bid to make Australia a more productive economy. "The cumulative ...

Get longevity risk right on DLAs, warns APRA

JAMES FERNYHOUGH  |  THURSDAY, 10 OCT 2013
Insurers planning to offer deferred lifetime annuities (DLAs) will need to demonstrate that they have rigorously factored in longevity risk, according to Ian Laughlin, deputy chair of the Australian Prudential Regulation Authority (APRA). Speaking at ...

Asset manager growth ambitions slowed by regulation

MARK SMITH  |  THURSDAY, 10 OCT 2013
Australian asset managers say their growth ambitions are being hindered by regulatory constraints and the burden of updating systems and process, according to a survey of 200 Asia Pacific managers commissioned by State Street. In a bid to improve transparency ...

Sinodinos aims at "fixing the messes" inherited from Labor

LAURA MILLAN  |  WEDNESDAY, 9 OCT 2013
Assistant Treasurer Arthur Sinodinos said that the new Government "will take responsibility for fixing the messes we have inherited" in the financial services industry. Senator Sinodinos said that he is "working hard" to implement the Coalition's election ...

Guardian Advice benefits from planner "flight to security"

LAURA MILLAN  |  WEDNESDAY, 9 OCT 2013
Guardian Advice has hit the 200 adviser milestone and is benefiting from financial planners' "flight to security," the group's executive manager Simon Harris said. In the past months Guardian Advice has attracted independent advisers from small dealer ...

Government must lift annuities impediments: ASFA

JAMES FERNYHOUGH  |  WEDNESDAY, 9 OCT 2013
The Association of Superannuation Funds of Australia (ASFA) has called on the Government to reduce impediments to the provision of adequate retirement income stream products such as annuities. ASFA acting chief executive Ross Clare said now was an "opportune ...

Industry funds ask for specialised SMSF adviser training

LAURA MILLAN  |  THURSDAY, 3 OCT 2013
Industry superannuation funds associations are asking financial planners who provide self-managed superannuation fund (SMSF) advice to undertake a different and more specialised training than those who advice on funds regulated by the Australian Prudential ...

IOOF gets MySuper license

LAURA MILLAN  |  TUESDAY, 1 OCT 2013
IOOF has received its MySuper license approval from the Australian Prudential Regulation Authority (APRA). IOOF will start to offer the MySuper default option from January 1, 2014 and it will replace existing default products. "IOOF MySuper offers members ...

Australian Ethical MySuper option approved

MARK SMITH  |  FRIDAY, 27 SEP 2013
Australian Ethical has been granted approval for its MySuper product by the Australian Prudential Regulation Authority (APRA). The fund, which becomes the 74th to gain APRA approval, will use its existing Balanced fund as its MySuper option. It will ...