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Showing 181 - 190 of 275 results for "Financial System Inquiry"

Hockey accuses Labor of making "a mess" of FoFA

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... Greens asked the government to postpone again the vote on the changes to the FoFA legislation until the Financial System Inquiry (FSI) releases its conclusions.

FPA rejects FSC adviser regulation plans

ALICE URIBE, LAURA MILLAN  |  WEDNESDAY, 24 SEP 2014
... "reinventing the wheel." As reported by Financial Standard earlier this month the FSC, in its submission to the Financial System Inquiry (FSI), asked the government to set up a new body, the Advice Competency Standards Board (ACSB), to oversee the development ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
... postpone again the vote on the changes to the Future of Financial Advice (FoFA) legislation until the Financial System Inquiry (FSI) releases its conclusions. "Labor Senators urge the government to withdraw these amendments and work to bridge the widening ...

Flatline

BENJAMIN ONG  |  TUESDAY, 23 SEP 2014
... reports that banks' share prices are also under pressure from "A building expectation the government's Financial System Inquiry headed by David Murray will require the banks to hold more capital". And what would a list of bad news be without Nouriel ...

Tight regulation getting in the way of digital advice: Minter Ellison

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... not contain financial product advice or only general advice," the law firm said in a submission to the Financial System Inquiry. Minter Ellison argued that there is "great potential for online tools to enable consumers to obtain a great deal of useful ...

Expect more regulation on 'too-big-to-fail': Hockey

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... will increase consistency in banks' application of the strengthened Basel III rules on capital." The Financial System Inquiry (FSI) is also seeking consultation on this issue and suggested in its interim report that perceptions that some institutions ...

SMSF borrowers should be forced to seek advice: AFA

LAURA MILLAN  |  THURSDAY, 18 SEP 2014
... to seek financial advice, the Association of Financial Advisers (AFA) said. In its submission to the Financial System Inquiry (FSI), the organisation said it was supportive of the trustees' ability to borrow within the fund, but raised concerns over ...

Throw out relative performance tables: Finsia

MARK SMITH  |  THURSDAY, 11 SEP 2014
... view put forward by the Financial Services Institute of Australasia (Finsia) in its submission to the Financial System Inquiry (FSI). The industry body said the focus of the superannuation industry should be on the wealth outcomes of individuals over ...

Ai Group defends super in awards

JAMES FERNYHOUGH  |  WEDNESDAY, 10 SEP 2014
... superannuation default funds to remain within the modern awards system. In its second-round submission to the Financial System Inquiry (FSI) the employer group, which represents more than 6000 businesses and appoints employer representatives to the board ...

Instos offer advice at a loss to drive product sales: EY

LAURA MILLAN  |  TUESDAY, 9 SEP 2014
... at a loss to lead clients into product sales, Ernst & Young (EY) have said in their submission to the Financial System Inquiry (FSI). EY argued that decades old industry approaches "have devalued advice by offering it as a loss leader into a product ...