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Showing 441 - 450 of 979 results for "Financial System"

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... will be to provide income in retirement to substitute or supplement the Age Pension - a view synonymous with the Financial System Inquiry recommendation. The government will tax the earnings of Transition to Retirement Income Streams in a bid to reduce ...

APRA counts life insurance losses

KERRIE SYDEE  |  FRIDAY, 29 APR 2016
... and legal environments. In its recommendation APRA points to a similar mechanism that was developed from the Financial System Inquiry Final Report and although not finalised or implemented, it was accepted by the government.

Banks launch major consumer protection program today

ALEX BURKE  |  THURSDAY, 21 APR 2016
... Steven MA1/4nchenberg said. He added, "Trust is at the centre of banking and is critical for the stability of our financial system. The strength of our banking sector got us through the global financial crisis. "Since then banks have done a lot of work ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
... issues that will enable ASIC to be able to even better deal with the issues that come up in the banking and the financial system." The package comprises $61.1 million to improve ASIC's data and surveillance facilities and "modernise" its data management ...

Australian system needs "substantial reassessment": SEC veteran

ALEX BURKE  |  TUESDAY, 19 APR 2016
... of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas has said Australia's financial system could benefit from "substantial reassessment." Speaking to Financial Standard, Thomas, now chair of Labaton Sucharow's whistleblower ...

Turnbull highlights ASIC resources boost in Parliament

ALEX BURKE  |  TUESDAY, 19 APR 2016
... issues that will enable ASIC to be able to even better deal with the issues that come up in the banking and the financial system."

Banking inquiry cost better spent on ASIC: AFA

KERRIE SYDEE  |  FRIDAY, 15 APR 2016
... already have in place." "We have the most stringent financial advice rules in the world, we have a very robust financial system. It's not perfect, but let's spend the money making sure that we're using the rules that are in place. It's not the rules ...

Royal Commission won't hit banks where it hurts

ALEX BURKE  |  FRIDAY, 15 APR 2016
... financial institutions is to implement pro-competitive reforms that "level the playing field" for smaller banks. "The Financial System Inquiry issued a pro-competitive blueprint in 2014 but there is a lack of urgency about implementing the reforms," ...

Pre-retirees understand super's objective

DARREN SNYDER  |  WEDNESDAY, 13 APR 2016
... confident their super savings will last or be adequate for retirement. The federal government has accepted the Financial System Inquiry's recommendation that the objective of superannuation is to provide income in retirement to substitute or supplement ...

Super's objective needs to get personal

DARREN SNYDER  |  TUESDAY, 12 APR 2016
An association for corporate superannuation advisory businesses has labeled the Financial System Inquiry's definition of super's objective as impersonal and believes it should be more meaningful to working Australians. Workplace Super Specialists Australia ...