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Showing 121 - 130 of 281 results for "FSI"

Change insurance commissions to fight churning: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
The Financial System Inquiry (FSI) final report has recommended that upfront commissions for life insurance advice not be greater than ongoing commissions, in order to fight churning practices. The inquiry led by chairman David Murray noted that such ...

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
The Financial System Inquiry (FSI) has made 44 recommendation to increase efficiency, resilience and fair treatment of the financial system. Read below the relevant recommendations for the superannuation, wealth management and funds management industries. ...

Follow our coverage of the FSI final report on Sunday

ALICE URIBE  |  FRIDAY, 5 DEC 2014
... superannuation and investment management industries for years to come, is expected to be released by Treasurer Joe Hockey and FSI chair David Murray at 10.30am on Sunday morning. We'll digest the report and give you the reaction of senior industry figures ...

Murray takes aim at industry culture

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
... systems, which affect people who do have views about things." The only time Murray referred to the Financial System Inquiry (FSI) was in relation to the culture of financial institutions. Murray is expected to deliver the FSI final report to the government ...

Further raise pension age, says Future Leaders winner

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
... presentations on one of four hot topics: MySuper and competition; the Asia region funds passport; the Financial System Inquiry (FSI); and the regulation of the financial services industry. Flegg chose to present on the FSI, and focused on the problem ...

Government says no to CBA Royal Commission

LAURA MILLAN  |  FRIDAY, 24 OCT 2014
... role, objectives and funding of ASIC would be considered as part of its broader response to the Financial System Inquiry (FSI).

MySuper fees approaching KiwiSaver best practice

STAFF WRITER  |  TUESDAY, 21 OCT 2014
... Australia, Australian fund fees may be closer to best practice than we realise. In a submission to the Financial Systems Inquiry (FSI) by the New Zealand Council of Financial Regulators (a NZ official group that includes the NZ Financial Markets Authority ...

ASIC demands last resort compensation scheme

LAURA MILLAN  |  MONDAY, 20 OCT 2014
... Economics Committee inquiry into forestry managed investment schemes (MIS) and in its submission to the Financial System Inquiry (FSI). ASIC noted that the effectiveness of professional indemnity (PI) insurance "is limited where an AFS licensee is in ...

AFA presents renewed strategy and Narrative

LAURA MILLAN  |  SUNDAY, 12 OCT 2014
... Anderson briefed members about the association's policy agenda. In addition to FoFA, TASA and the Financial System Inquiry (FSI), the Australian Securities and Investments Commission (ASIC) latest report on insurance advice has put the spotlight on life ...

FEATURE: Quenching the thirst for income

MARK SMITH  |  FRIDAY, 26 SEP 2014
... has scarcely been a 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 ...