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Showing 311 - 320 of 1582 results for "Competition"

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... asset, but it's not being revealed [and] who the investor is," Wilson said. After discussions with the Australian Competition and Consumer Commission at a separate hearing recently, Wilson said many issues were raised such as "the veil of corporate ...

Super funds to front committee hearing

JAMIE WILLIAMSON  |  FRIDAY, 17 SEP 2021
... real-world impacts of how the sector's control of $760 billion in Australian citizens' retirement savings impacts competition within the Australian market." He said regulators have questioned the consequences of common ownership, "and academics ...

PNG regulator denies Westpac Pacific sale

ANNABELLE DICKSON  |  TUESDAY, 14 SEP 2021
Papua New Guinea's consumer regulator, the Independent Consumer and Competition Commission (ICCC), has denied Westpac's sale of its Pacific business to Kina Securities. Kina Securities was set to pay $420 million for Westpac Fiji and 89.91% of Westpac ...

Former Macquarie chief to head ASIC, APRA regulator

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
... for Independent Studies. Cass-Gottlieb is recognised as one of Australia's leading lawyers. She is a partner in the competition and regulation group at Gilbert + Tobin. In 2018, she was re-appointed to the Reserve Bank of Australia's Payments System ...

Gauging the Future Fund's MySuper potential

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
... recent paper on the topic. Bragg referred to the current super industry as a "closed cartel" with high fees and low competition. He proposed the Future Fund become the default option for workers, while others looked at the fund's historic returns and ...

Should super funds consider crypto assets?

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... companies being set up that provide products designed for institutions and retail investors. That potentially creates some competition or gives us a sense of the types of business models that we think could grow," she said. ASIC Innovation Hub senior ...

Bragg renews calls for Future Fund to manage super

KANIKA SOOD  |  FRIDAY, 20 AUG 2021
... sovereign wealth fund to manage all superannuation unless a worker opts out. The 20-page widely spaced paper titled Competition for Workers' Superannuation characterises the current superannuation system as a "closed cartel" with high fees, low competition ...

APRA expands life insurance data reporting

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... insurance and general insurance data it collects in a bid to promote greater transparency and efficiency, support competition, and facilitate innovative uses of the data. APRA's reports will show the class of business and product group data to be non-confidential. ...

Every super fund should cover every occupation: FSC

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... "The FSC recognises that an industry-led solution requires consultation with regulators, including the Australian Competition and Consumer Commission (ACCC), Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation ...

Fund administrator hires from competitor

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... United States and Taiwan later this year. "Consolidation in the Australian fund services market is leading to less competition and lower service levels. We see demand from local funds managers for customised services which they don't get from the larger ...