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Showing 1571 - 1580 of 2813 results for "Regulation"

FEATURE: Facing the perfect storm

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
... 31.3% from the previous year's profit of $3 billion, according to the latest figures from the Australian Prudential Regulation Authority (APRA). Insurers' gross policy expenses went from $6.5 billion in 2012 to $7.1 billion in 2013, with death and disability ...

Wealth management sector key to Australian growth: Deloitte

MARK SMITH  |  THURSDAY, 27 MAR 2014
... honed its asset management skills and built technologies that appeal to investors.A He said: "Combined with strong regulation and a relatively stable policy framework focused on wealth accumulation, you can see why Australia has a shot at being a global ...

FoFA uncertainty presents good buying opportunity

JAMES FERNYHOUGH  |  THURSDAY, 27 MAR 2014
The uncertainty over the regulation of financial advice over recent years has presented small cap investors with a good buying opportunity, according to NovaPort Capital portfolio manager Sinclair Currie. After weeks of continued debate over the Future ...

AFA finds FoFA debate "surprising"

LAURA MILLAN  |  THURSDAY, 27 MAR 2014
... bodies. Yesterday, the AFA has reacted for the first time to Finance Minister Mathias Cormann's decision to freeze the regulation, almost a week ago. AFA chief executive Brad Fox said that the intense debate over issues such as advisers' best interests' ...

Market Wrap AM

AAP  |  WEDNESDAY, 26 MAR 2014
... Kong while RBA deputy governor Philip Lowe gives introductory comments to the Centre for International Finance and Regulation (CIFR) conference in Sydney. Meanwhile, the RBA releases its Financial Stability Review. Nufarm is expected to post first half ...

Industry pushes for more consumer protection under FoFA

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
The financial services industry has welcomed the Finance Minister Mathias Cormann's decision to temporarily freeze the amendments to the Future of Financial Advice (FoFA) legislation, which some stakeholders believe will lead to increased consumer protection. ...

FoFA regulations paused, but legislation will go ahead

JAMES FERNYHOUGH  |  TUESDAY, 25 MAR 2014
... However, former Assistant Treasurer Arthur Sinodinos had planned simultaneously to push through the amendments via regulation. Had he pursued this course, the amendments would have become law immediately, in time for 1 July when certain exemptions to ...

FoFA freeze a consequence of pro-consumer campaign: Silk

LAURA MILLAN  |  MONDAY, 24 MAR 2014
... chief executive Ian Silk said that Senator Mathias Cormann's decision to freeze the Future of Financial Advice (FoFA) regulation is a consequence of "a surprisingly strong campaign" against "elements" that were pushing the legislation away from consumer ...

Cormann freezes FoFA amendments

MARK SMITH, ALICE URIBE  |  MONDAY, 24 MAR 2014
... parliamentary debate for the government's proposed amendments last month and the legality of passing changes through regulation has also been questioned. Industry Super Australia Chief Executive David Whiteley said this afternoon that the intervention ...

International capital requirements could cripple insurers

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
... difficult to provide guarantees in long term products that customers are seeking." He expressed "concern" that the regulation is leading insurers to design and invest in short term products. "We're in a position to contribute to long term investment," ...