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Showing 271 - 280 of 348 results for "Final Report"

FSI calls for tax relief to switch out of legacy products

MARK SMITH  |  TUESDAY, 9 DEC 2014
... improved products without being whacked with capital gains tax, the Financial System Inquiry has recommended in its final report. It is estimated that approximately 25% of all funds under management are in out of date or uneconomic products. These so ...

FSI report favours longevity pooling

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
The Financial System Inquiry final report has recommended superannuation funds make more use of longevity pooling in their retirement products. The report recommended that super funds offer a quasi-default 'comprehensive income product for retirement' ...

SPAA "disappointed" by the FSI's SMSF borrowing recommendations

ALICE URIBE  |  MONDAY, 8 DEC 2014
... leverage in superannuation did grow to a level where it could be a threat to people's retirement savings." In its final report handed down yesterday, the Murray Inquiry recommended that government reinstate the prohibition on direct borrowing for LRBAs ...

SPECIAL REPORT: Financial System Inquiry

ALICE URIBE  |  MONDAY, 8 DEC 2014
Catch up on Financial Standard's comprehensive coverage of the Financial System Inquiry's final report here. The report, which is likely to shape industry and regulatory policy for the financial planning, superannuation and investment management industries ...

Share market rallies on Murray report

AAP  |  MONDAY, 8 DEC 2014
... the major banks and the small regional players are firmer, a day after former Commonwealth Bank boss David Murray's final report was released by Treasurer Joe Hockey. But Mr Murray's report was vague about the levels of capital he wanted the banks to ...

Labor asks for bipartisan consensus on FSI super issues

LAURA MILLAN  |  MONDAY, 8 DEC 2014
... consensus on the objectives of the superannuation system," following the release of the Financial System Inquiry (FSI) final report. Bowen said that Labor welcomes the release of the report, but noted that "it is important that key matters of the financial ...

Inquiry asks for greater simple bond red tape reduction

MARK SMITH  |  MONDAY, 8 DEC 2014
... simple bond legislation to make disclosure less complicated, the Inquiry into the financial system has said in its final report. In one of its 44 recommendations, the report called for the government to reduce disclosure requirements for large listed ...

Boost impact investing, says FSI

MARK SMITH  |  SUNDAY, 7 DEC 2014
Impact investment was singled out in the final report of the Financial System Inquiry as an area that needs to be given greater attention. Recommendation 32 called for ways to facilitate development of the impact investment market and encourage innovation ...

Industry braces for majority independent directors

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... independent directors including an independent chair, David Murray has recommended in the Financial System Inquiry final report. If the government implements this recommendation, it would represent a radical change from the current status quo, in which ...

Make financial firms more accountable for products: FSI

ALICE URIBE  |  SUNDAY, 7 DEC 2014
... Securities and Investments Commission (ASIC) increased powers to safeguard consumers were central recommendations in the final report of the Financial System Inquiry (FSI) that was handed down today. The inquiry headed up by former Commonwealth Bank ...