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Showing 141 - 150 of 275 results for "Financial System Inquiry"

Adviser remuneration "critical": Trowbridge Interim Report

ALICE URIBE  |  THURSDAY, 18 DEC 2014
... March 2015. Formal submissions on these topics are invited and will be open until 30 January 2015. The Financial System Inquiry final report recommended the Government considers the Trowbridge Report in its response to the FSI next year.

Season's Greetings from Financial Standard

ALICE URIBE  |  FRIDAY, 12 DEC 2014
... up. 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
... year has been another busy one for the financial servives industry. FoFA remained on the radar and the Financial System Inquiry has the potential to change things in a big way. The Financial Standard team takes a look at the issues that made waves and ...

Solve super tax inequity, says Murray

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
... taxation of superannuation so that it no longer disproportionately favours wealthy people, according to the Financial System Inquiry final report. The white paper, which is due to be drawn up next year, should also consider aligning the tax treatment ...

Advisers debate insurance commissions ban

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
... structures 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 ...

Vertical integration not important anymore: Murray

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
... both 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Government Cyber Security Strategy already out of date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
... date products to switch to new and improved products without being whacked with capital gains tax, the Financial System Inquiry has recommended in its final report. It is estimated that approximately 25% of all funds under management are in out of date ...

FSI report favours longevity pooling

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
The Financial System Inquiry final report has recommended superannuation funds make more use of longevity pooling in their retirement products. The report recommended that super funds offer a quasi-default 'comprehensive income product for retirement' ...

SPAA "disappointed" by the FSI's SMSF borrowing recommendations

ALICE URIBE  |  MONDAY, 8 DEC 2014
The SMSF Professionals Association of Australia (SPAA) has rejected the Financial System Inquiry's (FSI) recommendation that the government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation ...