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Showing 11 - 19 of 19 results for "FSC director"

Retail MySuper transition too slow: ISA

STAFF WRITER  |  TUESDAY, 11 NOV 2014
... eligible to be considered as nominated defaults funds. "The superannuation market is sorely lacking in competition," FSC director of policy Andrew Bragg said yesterday in a statement. "It is untenable for union officials and employer organisations to ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... members' funds averaged net returns of 3.4% compared to industry funds at 3.18% since the commencement of MySuper. FSC director of policy Andrew Bragg said the APRA figures will allow consumers to make "apple with apple" comparisons. If the retail sector ...

FPA rejects FSC adviser regulation plans

ALICE URIBE, LAURA MILLAN  |  WEDNESDAY, 24 SEP 2014
... had a fair few minor failures of attention quite clearly, but they're not the target of our criticism," he said. FSC director of policy and global markets Andrew Bragg said that ASIC had not responded to the proposed changes.

FSC calls for new govt agency to grow industry overseas

MARK SMITH  |  MONDAY, 1 SEP 2014
... innovation, creating underinsurance and unnecessary public sector cost, the Financial Services Council said today. FSC director of policy Andrew Bragg said: "Australia's insurance framework is too fragmented. It requires separate licences for individual ...

FSC questions pertinence of APRA super stats

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
... public sector funds have on average returned between 6.5% and 7%. Retail funds have on average returned just 4.9%. But FSC director of policy and global markets Andrew Bragg said the APRA stats give an "overly simplistic" view of the facts. "APRA has ...

Industry bodies clash over pension age

LAURA MILLAN  |  MONDAY, 25 NOV 2013
... superannuation and it argued that it will relieve "the increasing strain on the economy as the Australian population ages." FSC director of Policy and International Markets Martin Codina said that the organisation will be taking the proposal to the Commission ...

FSC anticipates different role for Senator Cormann

MARK SMITH  |  WEDNESDAY, 11 SEP 2013
... his government. Speaking at the Alternative Investment Management Association (AIMA)'s Hedge Fund Forum in Sydney, FSC director of policy and international markets Martin Codina said he did not expect any announcement on who would be running the portfolios ...

Regulator taking a "facilitative" approach to change

ALICE URIBE  |  THURSDAY, 1 AUG 2013
... panel session with Australian Prudential Regulation Authority (APRA) Member Helen Rowell that was chaired by the FSC director of policy and international markets Martin Codina, Medcraft said that it would work with the industry as it worked through the ...

Budget: Calls for SuperStream levy dialogue

BEN COLLINS  |  WEDNESDAY, 9 MAY 2012
... going to require significant upgrades to its systems for it to be able to perform its function," said Martin Codina, FSC director of policy.
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