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Showing 101 - 110 of 281 results for "FSI"

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 ...

Advisers debate insurance commissions ban

LAURA MILLAN | TUESDAY, 9 DEC 2014

... based exclusively on commissions and start to look at ways to diversify their revenue,following the Financial System Inquiry (FSI) recommendations on life insurance and commissions. "There has been enough noise around this issue that every commission ...

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 ...

Government Cyber Security Strategy already out of date

MARK SMITH | TUESDAY, 9 DEC 2014

Financial System Inquiry (FSI) chair David Murray has called for government and other financial system stakeholders to tighten processes to counter the growing threat of cyber-crime. Recommendation 38 in the final report of the FSI said the government's ...

FSI calls for tax relief to switch out of legacy products

MARK SMITH | TUESDAY, 9 DEC 2014

... never finalised. "The Inquiry sees benefit in such a mechanism for product rationalisation that treats consumers fairly," the FSI's final report said. "Given the cost of implementing the mechanism, the Inquiry considers it should initially be limited ...

FSI report favours longevity pooling

JAMES FERNYHOUGH | MONDAY, 8 DEC 2014

... take a lump sum. The report expected low-balance members to continue to opt for lump sum payments. Speaking today in Sydney, FSI chair David Murray said the emphasis on longevity risk protection would provide more reliable income for longer. "The trade-off ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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