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Showing 441 - 450 of 1550 results for "Competition"

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 ...

New rules for UK retirement income products

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... tax-free cash and take the 'path of least resistance' when entering drawdown, FCA executive director of strategy and competition Christopher Woolard said. "This can often mean that the rest of their drawn down pension pot is not invested in a way ...

First neobank granted full banking licence

OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
... obtain a full banking licence from APRA. Treasurer Josh Frydenberg applauded the news and said it promotes industry competition and company innovation. Likewise, Volt Bank's success shows promise for neobanks who hope to make the transition towards their ...

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... executive Martin Fahy said the top 10 list has the potential to create an oligopoly in default super and reduce long term competition. The Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck echoed this statement as it would ...

International equities rule Aussie ETFs: Vanguard

HARRISON WORLEY  |  MONDAY, 14 JAN 2019
... investment conditions in 2018 investors continue to embrace the benefits of ETFs, spurring growth in the market, increased competition among issuers and rising trading volumes that have in turn driven down the cost to invest, allowing investors to keep ...

Finalists unveiled for FS Investment Leadership Awards

KANIKA SOOD  |  FRIDAY, 11 JAN 2019
It is competition time for Australia's top investment talent as the Financial Standard Investment Leadership Awards 2019 unveils its shortlist. This year will see investment giants vie alongside small boutiques to take home 19 awards. AMP Capital ...

Best in show, but for how long?

JAMIE WILLIAMSON  |  FRIDAY, 11 JAN 2019
... allocating default super. "This approach risks creating an oligopoly in default superannuation and reducing long-term competition." Likewise, FSC chief executive Sally Loane said the list could create a "monolithic concentration of funds, stifle competition ...

Engagement should be easier: Productivity Commission

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... products, oft-changing rules, and a lack of easy-to-understand information all in the firing line. The report said competition in superannuation was affected by regular changes to the system, and the challenges members face in figuring out who to turn ...

The problem the Productivity Commission is trying to fix

ALEX DUNNIN  |  THURSDAY, 10 JAN 2019
... strategy you assess. Yet in the midst of this the superannuation system has been allowed to operate largely shielded from competition and protected because of government compulsion that makes its unlawful for consumers to not buy its products. While ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... shortlist of MySuper products, despite feedback from the industry that feared it would "game" the process and harm competition. Members should be able to choose their own super product from a best-in-show shortlist of "exemplary" default funds, the Productivity ...