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Showing 101 - 110 of 143 results for "Interim Report"

FEATURE: Quenching the thirst for income

MARK SMITH  |  FRIDAY, 26 SEP 2014
... more important time to talk about investment income. Published in July, the Financial System Inquiry's (FSI's) interim report specifically raised concerns that the country's superannuation system was ill-equipped to provide members with the income streams ...

Expect more regulation on 'too-big-to-fail': Hockey

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... on capital." The Financial System Inquiry (FSI) is also seeking consultation on this issue and suggested in its interim report that perceptions that some institutions are 'too-big-to-fail' "can be reduced in Australia by making it more credible to resolve ...

New players need support to enter financial services: Coles

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
... industry, Coles has said The retailer expressed support for a proposal laid out in the Financial System Inquiry (FSI)'s interim report to improve access for new entrants to the financial services industry. In a submission to the inquiry Coles noted that ...

GSA an affordable alternative to DLAs: APRA

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
Group self-annuitisation (GSA) may provide a more affordable alternative to deferred lifetime annuities (DLA) when it comes to dealing with longevity risk, according to the Australian Prudential Regulation Authority (APRA). In its second submission ...

Vertical integration good for consumers, competition: instos

LAURA MILLAN  |  MONDAY, 1 SEP 2014
... for consumers, which ensure strong competition and innovation in the market," AMP said in its response to the FSI interim report. Australia's largest advice provider by number of advisers said that "there is no evidence that 'independent' advice is of ...

Call general advice 'sales': CBA

ALICE URIBE  |  FRIDAY, 29 AUG 2014
... that 'advice' is described in its second round submission that responds to the Financial System Inquiry's (FSI) Interim Report. In its 92 page submission published on the FSI website today, it recommended that general advice should be renamed as 'sales' ...

FSI flooded with second round submissions

ALICE URIBE  |  FRIDAY, 29 AUG 2014
... companies and individuals have provided second round submissions in response to the Financial System Inquiry's Interim Report which was released in July. According to the FSI over 5,000 submissions were received on the issue of "credit card surcharges" ...

Retirement phase top issue for super in FSI

JAMES FERNYHOUGH  |  FRIDAY, 29 AUG 2014
... members, they do address longevity risk better than account-based pensions," it said. It also responded to the Interim Report's comments on the validity of franking credits, which it suggested creates a domestic equities bias and prevents the development ...

Give MySuper time to work, says AIST

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
... of Superannuation Trustees (AIST) has said. In its submission in response to the Financial System Inquiry (FSI) interim report, AIST said wholesale structural changes to deal with the comparatively high fees super funds charge would be premature. AIST ...

Actuaries Institute to advise FSI on longevity

JAMES FERNYHOUGH  |  MONDAY, 25 AUG 2014
... has consistently stated that there need to be more products dealing with longevity. In its response to the FSI's interim report, the Institute reiterated its original submission, while adding some new recommendations. It suggested that, in order to attain ...