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Showing 91 - 100 of 275 results for "FSI"

FSI proposal to ban LRBAs "draconian"

LAURA MILLAN  |  THURSDAY, 12 FEB 2015
The Financial System Inquiry (FSI)'s recommendation to ban limited recourse borrowing arrangements (LRBAs) is "a draconian move that we need to reflect on," the Association of Financial Advisers (AFA)'s chief operating officer Phil Anderson said. "LRBAs ...

When Japan is blah, the Eurozone is ugh and China is wow

MICHELLE BALTAZAR  |  TUESDAY, 3 FEB 2015
The global economy will be better this year than last, but troubles in the Eurozone and the waning power of Abenomics mean investors will find better odds in the US and China, chief economists said at a Financial Standard forum last week. The videos ...

Financial services companies owe consumers $15m compensation

LAURA MILLAN  |  MONDAY, 2 FEB 2015
... indemnity (PI) insurance as a compensation mechanism. "PI Insurance is just not effective," the FOS said, and noted that "the FSI [Financial System Inquiry] interim report identified a clear gap in this area of consumer loss and sought views on how to ...

Industry insurance report to focus on advice remuneration model

LAURA MILLAN  |  FRIDAY, 30 JAN 2015
... structures. The report is expected to be completed before March 31, when submissions for the final Financial System Inquiry (FSI) report are due, AFA chief executive Brad Fox told Financial Standard. Submissions are due today for the preliminary report ...

FPA sets sights on lifting professional standards

MARK SMITH  |  FRIDAY, 16 JAN 2015
... Looking ahead, Rantall said 2015 will see the FPA focus on helping members navigate the new professional path set by FoFA, FSI and the PJC report. It will also be working with members to rebuild the reputation of the profession in the eyes of the consumer. ...

Adviser remuneration "critical": Trowbridge Interim Report

ALICE URIBE  |  THURSDAY, 18 DEC 2014
... The Financial System Inquiry final report recommended the Government considers the Trowbridge Report in its response to the FSI next year.

FS Advice: Medcraft's appalling speech

LAURA MILLAN  |  FRIDAY, 12 DEC 2014
... appalling" when referring to the fact that Australian consumers still don't trust financial advisers. Following the release of the FSI report, we question whether the regulator can be impartial and strong enough to do the job the FSI wants it to do ...

Season's Greetings from Financial Standard

ALICE URIBE  |  FRIDAY, 12 DEC 2014
... The same can be said for the financial services industry.A The release of the final report of the Financial System Inquiry (FSI) made a splash. And some of the issues that were big in 2013 continued on into 2014. The Future of Financial Advice (FoFA) ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... industry. But 2014 saw, for the first time, some meaningful movement towards tackling the problem. The Financial System Inquiry (FSI) put the issue at the centre of its interim report, floating a number of possible reforms. These included extending a ...

Vertical integration not important anymore: Murray

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
... financial product manufacturers and distributors work with the consumers' best interest in mind, Financial System Inquiry (FSI) chairman David Murray said. "The same obligations are on everybody, whether they're vertically integrated or not," Murray ...