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Showing 351 - 360 of 1264 results for "Federal Government"

Former super fund executive joins fintech

DARREN SNYDER  |  WEDNESDAY, 13 FEB 2019
... of its new chief executive. Money101 has welcomed Theresa Mills in the top role. She currently sits on the Federal Government's Financial Literacy Board and is a former executive general manager at Guild Trustee Services. Mills will work with Money101 ...

Government moves on Royal Commission super recommendations

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
The Federal Government has amended the SIS Act and some of its superannuation bills to include recommendations made in the Royal Commission's final report. Superannuation fund trustees are set to be banned from treating employers in efforts to be ...

Royal Commission to disrupt product distribution: Roy Morgan

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
Financial product distribution is likely to be disrupted as the Federal Government looks to implement the recommendations of the Royal Commission's final report. Latest insights from Roy Morgan show intermediaries account for the distribution of about ...

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... addition to the flagship fund, Future Fund also manages other funds (with different investment mandates) for the federal government and has just added a new one. The performance for these wasn't as exciting as the main fund for the year ending December ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
... Commission has made 76 recommendations to address industry misconduct and Treasurer Josh Frydenberg said the Federal Government will act on each of them. The Treasurer has put the blame of industry misconduct solely on Australia's financial services ...

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
The Federal Government has appointed a former Australian Competition and Consumer Commission chairman to lead a capability review of the Australian Prudential Regulation Authority. Responding to the Royal Commission's final report into Misconduct ...

First neobank granted full banking licence

OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
... highest raising since the initial APRA reform. Frydenberg believes Volt Bank's success is due in part to broader federal government economic policy. "Increasing competition in the banking sector to give consumers more choice, lower prices and better ...

Budget surplus unlikely as economy stalls: Fitch

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
... Fitch Solutions. In December 2018, Treasurer Josh Frydenberg and Finance Minister Mathias Cormann announced the Federal Government had received higher than expected revenue from individual and company taxes. This suggested a $4.1 billion Budget surplus ...

Best-in-show splits industry

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
... establishing an expert panel to select the best funds to help guide consumer choice. The Commission wants a Federal Government-backed expert panel to oversee the list. It sees the panel selecting from products submitted that meet a clear set of criteria ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... and make it available on their website annually. Also on the insurance front, the Commission recommended the Federal Government to establish a joint regulator taskforce to advance the Insurance in Superannuation Voluntary Code of Practice. Its aim is ...