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Showing 221 - 230 of 275 results for "Financial System Inquiry"

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 ...

AIST slams Xenophon's super home loan proposal

JAMES FERNYHOUGH  |  FRIDAY, 1 AUG 2014
... would miss out on the benefits of compounding interest and portfolio diversification." Garcia urged the Financial System Inquiry in its final report to call for bipartisan support to enshrine the key objectives of superannuation. "Even when the superannuation ...

FEATURE: Guiding the way to aged care

LAURA MILLAN  |  FRIDAY, 1 AUG 2014
... the 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 ...

Passive FUM reaches all-time high

MARK SMITH  |  MONDAY, 28 JUL 2014
... innovations in the indexing space, such smart beta. The new figures have come soon after the release of the Financial System Inquiry's interim report which raised concerns about the prevalence of active management approaches in superannuation. "According ...

FSI recognises the "powerful force" of tech

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
... for 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
... paper, with chief executive Pauline Vamos saying, "We are very, very happy they are not waiting for the Financial System Inquiry to begin this. "We all know income streams are needed. What this document is about is the how, and what will be created." ...

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
... to scrap compulsory annuitisation as 'political schizophrenia'. The comments came on the same day the Financial System Inquiry floated the possibility of introducing compulsory annuitisation in Australia. Speaking at an event on infrastructure investment ...

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... Self-managed superannuation funds look unlikely to face any major regulatory overhauls as a result of the Financial System Inquiry (FSI), recommendations made in the interim report suggest. The FSI interim report dedicated a short section to SMSFs, in ...

FSI questions viability of franking credits

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... viability of Australia's imputation (or 'franking') credits system has been singled out for review in the Financial System Inquiry's interim report. The report acknowledged that the franking credit system, which refunds corporation tax to low or no-tax ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
... eggs. At a time when financial advisers and the Commonwealth Bank are under a cloud, the head of the financial system inquiry says confidence has been central to his review panel's work. David Murray, a former boss of CBA, handed down his interim report ...