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Showing 191 - 200 of 346 results for "Final Report"

PC calls for group insurance review

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
... includes sharper ASIC oversight, among other recommendations. Recommendation 18 in the Productivity Commission's final report pushes for an inquiry no later than four years from now. The Commission said it wants to undertake a cost and benefits analysis ...

Best in show, but for how long?

JAMIE WILLIAMSON  |  FRIDAY, 11 JAN 2019
... Commission's recommendation to review the best-in-show every four years. While the Productivity Commission's final report did state that a high weighting would be placed on a fund's investment strategy and performance, it also listed other ...

APRA, ASIC welcome Productivity Commission's superannuation report

HARRISON WORLEY  |  FRIDAY, 11 JAN 2019
... Commission's recommendations to grant them additional powers. After they were blasted in the Productivity Commission's final report into the efficiency and competitiveness of superannuation yesterday, APRA and ASIC both moved to welcome the report's ...

Productivity Commission report puts banks first: ACTU

HARRISON WORLEY  |  FRIDAY, 11 JAN 2019
... superannuation from industrial relations is "completely unacceptable" In a media release on Thursday the ACTU called out the final report's recommendation to install a best-in-show list of superannuation funds, which would work to remove superannuation ...

Engagement should be easier: Productivity Commission

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
The Productivity Commission's final report into the efficiency and competitiveness of superannuation blasted the system for making engagement harder for fund members. The Commission's final report took aim at the superannuation system and government ...

Government needs to rethink CIPRs

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... last year, if it can't sufficiently remediate its flaws by the deadline, the Productivity Commission says in the final report. Treasury has already extended the deadline on Comprehensive Income Retirement Products to July 2022, and most super funds ...

AFSL super options under the lens

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
The final report recommends ASIC should have greater oversight of the superannuation products sitting on the approved product lists of AFSLs. The Productivity Commission calls for all Australian Financial Services Licensees (AFSL) to "immediately" be ...

Game over for grandfathered commissions

JAMIE WILLIAMSON  |  THURSDAY, 10 JAN 2019
As far as the Productivity Commission is concerned, grandfathered commissions are dead in the water. In its final report the commission states that the time for transition is over; "the commission supports a full ban of all commissions on superannuation ...

The problem the Productivity Commission is trying to fix

ALEX DUNNIN  |  THURSDAY, 10 JAN 2019
Australia's superannuation sector in trying to digest the Productivity Commission's 700-page report with its 31 recommendations need to keep in mind the massive structural problems it is trying to fix. The fundamental problem that has perplexed ...

Regulators in Productivity Commission firing line

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... sharing responsibility for the oversight of Australia's finance system copped a grilling in the Commission's final report, which called on the Government to clarify each of ASIC and APRA roles and powers. According to the Productivity Commission ...