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Showing 431 - 440 of 979 results for "Financial System"

NAB responds to ASIC market manipulation allegations

ALEX BURKE  |  WEDNESDAY, 8 JUN 2016
... of our financial markets is crucial to a strong Australian economy. A fair, well-functioning and competitive financial system is crucial to providing the best outcome for customers and the wider community. "NAB takes its role in upholding high standards ...

ASIC cancels AFSL of wholesale fund manager

KERRIE SYDEE  |  WEDNESDAY, 1 JUN 2016
... Greg Tanzer said. "ASIC can and does hold gatekeepers to account to ensure investors can have confidence in our financial system." In a statement ASIC reminded wholesale fund managers that they are required to comply with the AFS licence obligations ...

PROFILE: FSC chief executive Sally Loane

ALEX BURKE  |  TUESDAY, 31 MAY 2016
... To her credit, though, she describes that day in positive terms. "It was the day David Murray brought down the Financial System Inquiry," she recalls, "and I saw the FSC team burst into a well-oiled machine. Obviously, the FSC under John Brogden and ...

Foreign managers priced out of super

ALEX BURKE  |  MONDAY, 30 MAY 2016
... lowest fees charged globally as evidenced in a study of FSC members managing $7 trillion which we produced for the Financial System Inquiry." In some ways, this is unsurprising, given the wider aversion towards super fees in Australia; Financial Standard ...

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... super system is sustainable, flexible and has integrity. The objective of superannuation, as recommended by the Financial System Inquiry, is 'to provide income in retirement to substitute or supplement the Age Pension'. This objective, which will for ...

MFSIM execs use $143.5m in client money to repay debts

KERRIE SYDEE  |  TUESDAY, 24 MAY 2016
... Price said: "Company officers, including directors, play a very important role as gatekeepers in Australia's financial system. In this case we saw individuals neglect their duty to act in the interest of their investors." The matter has been adjourned ...

FSC releases policy priorities for next parliament

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
... the next parliament. Primarily, the FSC's statement concerns itself with outstanding issues highlighted in the Financial System Inquiry. Specifically, it emphasises the need for a professional framework for financial advisers and refining the recommendations ...

Financial Sector Advisory Council back in action

DARREN SNYDER  |  MONDAY, 9 MAY 2016
... and a mandate to advise the federal government on regulator performance as well as its implementation of the Financial System Inquiry (FSI). The rebuilt Council will have nine members and is to be chaired by Suncorp Group chief executive Michael Cameron. ...

Panel to review financial services complaints system

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
... their consideration of this related issue." O'Dwyer added the review builds on the government's response to the Financial System Inquiry. The panel: Professor Ian Ramsay (chair) - A professor of commercial law at the University of Melbourne; he is a ...

Government pushes "regulatory sandbox" for fintech startups

ALEX BURKE  |  WEDNESDAY, 4 MAY 2016
... investment thresholds and restrictions on the types of services eligible for testing." "We believe that Australia's financial system laws and regulations should enable innovation," Morrison said in a statement. "The Government is pleased that ASIC is ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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