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Showing 281 - 290 of 505 results for "Murray"

FSI favours Chile-style default super auction

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
David Murray has recommended that the MySuper system be replaced by a default fund auction 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 ...

Murray calls for ASIC to have more money and power

MARK SMITH  |  SUNDAY, 7 DEC 2014
... Commission (ASIC) should be 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 ...

Rename general advice, disclose ownership: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
... 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 term to help reduce consumer misinterpretation ...

Murray's FSI: consumers win round one

ALEX DUNNIN  |  SUNDAY, 7 DEC 2014
... battle lines were quickly drawn between financial product providers versus consumers. And after listening to FSI chair David Murray and Treasurer Joe Hockey speak at this morning's media conference announcing the release of the report it's clear who ...

Banks should hold more capital: Murray

AAP  |  SUNDAY, 7 DEC 2014
... 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 capital requirements ...

Change insurance commissions to fight churning: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
... advice not be greater than ongoing commissions, in order to fight churning practices. The inquiry led by chairman David Murray noted that such changes to the law "would reduce incentives for churning and improve the quality of advice on life insurance." ...

Follow our coverage of the FSI final report on Sunday

ALICE URIBE  |  FRIDAY, 5 DEC 2014
... investment management industries for years to come, is expected to be released by Treasurer Joe Hockey and FSI chair David Murray at 10.30am on Sunday morning. We'll digest the report and give you the reaction of senior industry figures as we get them. ...

From oil at US$300 to oil at US$30

BENJAMIN ONG  |  MONDAY, 1 DEC 2014
... extrapolations would be a better term - that prices would continue to slide forevermore. Like this fearless forecast from Mr. Murray Edwards -- oil entrepreneur and chairman of the Canadian Natural Resources Ltd. The Financial Post quoted him saying ...

Murray takes aim at industry culture

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
Former Commonwealth Bank boss David Murray has taken aim at the culture of the financial services industry, arguing there is an 'established mythology' of distrust that must be addressed. Speaking at an event in Sydney yesterday, Murray said that post ...

Market Wrap AM

AAP  |  MONDAY, 24 NOV 2014
... cent and its one-year lending rate by 0.40 of a percentage point to 5.6 per cent. In local economic news on Monday, David Murray, chair of the Financial System Inquiry, is slated to speak at a Deloitte/Financial Services Council lunch in Sydney. No major ...