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Showing 371 - 380 of 1018 results for "Inquiry"

Industry funds lead Labor's super inquiry

DARREN SNYDER  |  MONDAY, 5 DEC 2016
Industry superannuation funds are taking charge of the discussion around a new Senate inquiry aiming to address superannuation guarantee non-payments. Cbus and Industry Super Australia have released a report that suggests about 2.4 million or about ...

Life insurance legacy faces more scrutiny

DARREN SNYDER  |  THURSDAY, 1 DEC 2016
... industry with poor consumer outcomes and operational complexities. APRA member Geoff Summerhayes told a parliamentary inquiry on the life insurance industry that insurers have not invested enough in "systems and processes capable of fairly and accurately ...

FOS and CIO should merge: report

ALEX BURKE  |  THURSDAY, 1 DEC 2016
... had actually interacted with the CIO over the past year. The FCA report echoes ASIC's submission to the Financial System Inquiry, wherein the regulator said: "ASIC does not consider that competition between different schemes enhances consumer outcomes. ...

Banking inquiry becomes Royal Commission alternative

KERRIE SYDEE  |  WEDNESDAY, 30 NOV 2016
The Federal Opposition has established a Senate inquiry to investigate cases of wrongdoing in the banking and financial services industry. The Senate voted 40 to 25 in favour of establishing the inquiry, which will also examine existing legislative ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
... Payments Platform, the Federal Government should consider whether new account-switching tools should be introduced. The inquiry also said the government should review whether the 15% threshold for substantial shareholders in deposit-taking institutions ...

Super funds lagging on group insurance

ALEX BURKE  |  MONDAY, 14 NOV 2016
... practical recommendations to government on areas for regulatory reform, including through the Productivity Commission's inquiry."

Poll provides fresh defence against Royal Commission

MARK SMITH  |  FRIDAY, 14 OCT 2016
... latest defence against Labor's proposed Royal Commission, releasing new poll data that shows a fall in support for an inquiry. The poll, conducted by Galaxy between October 6-9, shows two thirds of Australians don't support a royal commission into banks ...

More poor customer outcomes expected: Narev

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
... given was proved to be correct, but we paid an additional $11 million in relation to other claims," Narev replied. The inquiry also addressed the several CBA financial planners who have recently been banned by ASIC, citing that despite allegations of ...

CommInsure under fire again

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
... five million documents, and independent experts have conducted approximately 60 formal interviews to date throughout the inquiry, which began following the CommInsure scandal in March. In the update, the insurer claims the independent review has so far ...

Default super system splits industry

DARREN SNYDER  |  WEDNESDAY, 21 SEP 2016
... alternative models around the allocation process for default fund members - another development from the 2014 Financial System Inquiry (FSI). The commission's issues paper on alternative default models, released yesterday, has again split the system ...