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Showing 281 - 290 of 346 results for "Final Report"

Rename general advice, disclose ownership: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
... recommended. "The use of the word 'advice' may cause consumers to believe the information is tailored to their needs," the final report of the inquiry chaired by David Murray said. "General advice should be replaced with a more appropriate, consumer-tested ...

Banks should hold more capital: Murray

AAP  |  SUNDAY, 7 DEC 2014
... more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found. The final report of David Murray's blueprint for the future of Australia's financial system, released by Treasurer Joe Hockey on Sunday, says ...

Change insurance commissions to fight churning: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
The Financial System Inquiry (FSI) final report has recommended that upfront commissions for life insurance advice not be greater than ongoing commissions, in order to fight churning practices. The inquiry led by chairman David Murray noted that such ...

Follow our coverage of the FSI final report on Sunday

ALICE URIBE  |  FRIDAY, 5 DEC 2014
Financial Standard will be providing comprehensive coverage of the Financial System Inquiry's final report after its release on Sunday. The report, which is likely to shape industry and regulatory policy for the financial planning, superannuation and ...

Murray takes aim at industry culture

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
... System Inquiry (FSI) was in relation to the culture of financial institutions. Murray is expected to deliver the FSI final report to the government over the next few days, though a date has yet to be announced for its publication.

IOSCO updates FinLit framework

ALEX DUNNIN  |  WEDNESDAY, 5 NOV 2014
The International Organisation of Securities Commissions (IOSCO) has released its final report outlining its global framework for investor education and financial literacy. In their Strategic Framework for Investor Education and Financial Literacy report ...

Life Insurance and Advice Working Group chair appointed

MARK SMITH  |  FRIDAY, 17 OCT 2014
... State Director Jeff Thurecht. A public report on the group's initial findings will be released in mid-December and a final report in February 2015. The Working Group will consult with the regulators and Parliament on its recommendations.

AFA questions ASIC life report

LAURA MILLAN  |  TUESDAY, 14 OCT 2014
... insurance working group with the Financial Services Council (FSC) which will deliver an interim report in December and a final report in 2015. The first meeting of the working group will take place on October 27 and Fox said that the rules of engagement ...

Hockey wants Sinodinos back

JAMES FERNYHOUGH  |  TUESDAY, 16 SEP 2014
... Assistant Treasurer back, but you know, these things need to be resolved and I think everyone's still waiting for the final report from ICAC." Sinodinos stood aside as assistant treasurer in March when it became clear he would be called as a witness ...

Ties between product and advice "archaic": FPA

ALICE URIBE  |  FRIDAY, 5 SEP 2014
... adviser', and 'financial advice' become enshrined in the Corporations Act. "It is therefore important for the FSI Final Report to consider whether the ongoing connection between financial products and financial advice in the legislative framework is ...