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Showing 161 - 170 of 281 results for "FSI"

Law firm rubbishes Grattan fee report

MARK SMITH  |  MONDAY, 18 AUG 2014
Global law firm Herbert Smith Freehills has urged the Financial System Inquiry (FSI) to throw out a controversial report that claims the superannuation system is too expensive. In a submission to the FSI, Herbert Smith Freehills criticises the FSI committee's ...

APRA releases additional requirements for large instos

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... financial institutions, but will defer a decision on its final implementation until the end of the Financial System Inquiry (FSI). The new package includes new prudential standards in relation to governance, exposure management, risk management and capital ...

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 ...

FSC Conference: Experts forecast FSI outcomes

MARK SMITH  |  WEDNESDAY, 6 AUG 2014
... the recommendations Ernst & Young executive director Greg Chipman believes will come out of the Financial System Inquiry (FSI). Chipman outlined his expectation at the opening session of the Financial Services Council (FSC)'s three day annual conference ...

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 ...

FEATURE: Guiding the way to aged care

LAURA MILLAN  |  FRIDAY, 1 AUG 2014
... future. The Actuaries Institute placed aged care front and centre in its initial submission to the Financial System Inquiry (FSI). It noted that "government projections show that the means tested Age Pension costs over the next 50 years is not in itself ...

In the throes of change

MICHELLE BALTAZAR  |  TUESDAY, 29 JUL 2014
... APRA's deputy chair Ian Laughlin and the Treasury Department's executive director Jan Harris - on the hot seats to discuss the FSI and MySuper. As in previous years, the FSC invited overseas speakers to set the conference in a global context. This year ...

FSI recognises the "powerful force" of tech

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
... change in the 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 ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... option akin to 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 ...

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
... political. As the UK 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 ...