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Showing 111 - 120 of 143 results for "Interim Report"

Consumers have no loyalty to financial institutions

MARK SMITH  |  MONDAY, 18 AUG 2014
... (12.6%), HSBC (17.9%) and ING Direct (14.0%) as at June 2014. "The recently released 'Financial System Inquiry - Interim Report' found that the banking sector is competitive, although concentrated. It appears from our analysis that consumers are exercising ...

CBA dismisses Murray's concerns over vertical integration

LAURA MILLAN  |  THURSDAY, 14 AUG 2014
... Commonwealth Bank (CBA) chief executive Ian Narev dismissed concerns expressed by the Financial System Inquiry (FSI) interim report that Australia's big institutions control both the manufacturing and distribution of financial products. "We need to have ...

More super changes inevitable: EY report

MARK SMITH  |  THURSDAY, 14 AUG 2014
... further regulatory change and focus is inevitable. This is evident in the release of the Financial System Inquiry's interim report," he said. "The industry should be taking this opportunity to work with government and regulators to develop a strong framework ...

FSC Conference: Experts forecast FSI outcomes

MARK SMITH  |  WEDNESDAY, 6 AUG 2014
... International Finance and Regulation, Prof David Gallagher. In "Reading the tea leaves" in the FSI's recently published interim report, Chipman highlighted four unifying themes that gave clues to where FSI chairman David Murray might make recommendations. ...

BRUMBIE: Walk quietly but carry a big stick

ALEX DUNNIN  |  WEDNESDAY, 6 AUG 2014
It's now a few weeks since Financial System Inquiry (FSI) chief David Murray handed down his interim report and already sectional advance troops have been spooked into defending their status quo. But rather than squabble over details, like is always ...

Passive FUM reaches all-time high

MARK SMITH  |  MONDAY, 28 JUL 2014
... indexing space, such smart beta. The new figures have come soon after the release of the Financial System Inquiry's interim report which raised concerns about the prevalence of active management approaches in superannuation. "According to the Grattan ...

FSI recognises the "powerful force" of tech

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
... financial system, but future changes will present both opportunities and risks, the Financial System Inquiry (FSI) interim report said. "The rapid pace of technology change has already had a significant impact on both consumers' interaction with the ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... MySuper - may take longer. Questions such as compulsory annuitisation - which was given a prominent place in the FSI interim report - are not discussed in this paper. Vamos said ASFA believes "there should be some good, simple defaults, but we're not ...

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
... prepares to drop its compulsory annuitisation policy, in Australia the issue is squarely on the agenda. The FSI interim report has put forward four possible improvements to the currently under-regulated retirement phase. One of these was compulsory annuitisation. ...

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... face any major regulatory overhauls as a result of the Financial System Inquiry (FSI), recommendations made in the interim report suggest. The FSI interim report dedicated a short section to SMSFs, in which the main issue was the possible introduction ...