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Showing 281 - 290 of 348 results for "Final Report"

FSI favours Chile-style default super auction

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... process similar to the Chilean model if fees do not come down considerably by 2020. The Financial System Inquiry final report has argued that superannuation fees have not fallen as low as they could have done, due largely to an "absence of strong consumer-driven ...

Murray calls for ASIC to have more money and power

MARK SMITH  |  SUNDAY, 7 DEC 2014
... given greater powers and more money to do its job. Those were the recommendations laid out by David Murray in his final report to the Financial System Inquiry (FSI). "Regulators' funding arrangements and enforcement tools have some significant weaknesses ...

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 ...