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Showing 231 - 240 of 275 results for "Financial System Inquiry"

FSI asks industry to consider greater ASIC powers

MARK SMITH  |  TUESDAY, 15 JUL 2014
The Financial System Inquiry (FSI) Committee, headed up by chairman David Murray, has questioned whether the Australian Securities and Investments Commission (ASIC) requires greater powers to better monitor Australia's financial services industry. In ...

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
In its interim report released today the Financial System Inquiry (FSI) has suggested that the vertically integrated structures may be reducing the quality of financial advice that consumers receive. The FSI has asked stakeholders to consider different ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
Financial System Inquiry (FSI) chairman David Murray spoke at the National Press Club following the release of the FSI interim report. "Thank you to the National Press Club for the interest you have shown in today's release of the interim report of ...

ASIC considers compulsory advice for complex products

MARK SMITH  |  MONDAY, 14 JUL 2014
... distribution channels are two of the measures ASIC has suggested for consideration in its submission to the Financial System Inquiry (FSI). Intervening in the way products are designed and developed another regulatory option suggested to the FSI for ...

Labor questions Murray, calls for another inquiry

LAURA MILLAN  |  WEDNESDAY, 9 JUL 2014
... Commonwealth Bank and branded the government's plans to examine financial advice scandals as part of the Financial System Inquiry (FSI) a "cop out." Shadow Treasurer Chris Bowen told journalists this morning that the government's proposal to deal with ...

FEATURE: In search of the missing asset class

MARK SMITH  |  FRIDAY, 4 JUL 2014
... Rice Warner and cited by the Australian Bankers Association (ABA) in one of its two submissions to the Financial System Inquiry (FSI) show that SMSFs have just 1% in Australian fixed interest and even less in international bonds. NAB executive general ...

Adviser appetite for infrastructure investments increasing

MARK SMITH  |  FRIDAY, 4 JUL 2014
... some allocation to infrastructure and get a better outcome," Frankish said. In its submission to the Financial System Inquiry the SMSF Professionals' Association of Australia (SPAA) has called for improved access for self-directed investors. It argues ...

CBA needs to"lift its game": Treasurer

LAURA MILLAN  |  MONDAY, 30 JUN 2014
... yet another inquiry might not be the best way forward," Cormann said. Bushby argued that the current Financial System Inquiry (FSI) was enough, and that a further royal commission would "incur significant cost to taxpayers without delivering any greater ...

Government plays down support for royal commission

JAMES FERNYHOUGH  |  FRIDAY, 27 JUN 2014
... best way forward," Cormann said. In his report Bushby wrote a 'dissenting report' in which he said the Financial System Inquiry was enough, and that a further royal commission would "incur significant cost to taxpayers without delivering any greater ...

Bank ads confusing: research

MARK SMITH  |  MONDAY, 16 JUN 2014
... lenders will be under more pressure to provide it." The survey results come as the Federal Government's Financial System Inquiry (FSI) considers changes to better position and broadly improve Australia's financial system. "We need a banking system where ...