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Showing 451 - 460 of 1563 results for "Competition"

Hayne stops short of dismantling vertical integration

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... Commission concluded that 'forced structural separation is not likely to prove an effective regulatory response to competition concerns in the financial system.'" However, Hayne agreed with the Productivity Commission's recommendation that ...

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... funds as it would have "several effects." Firstly, it would eliminate one set of existing participants and reduce competition, he said. "Secondly, it would insulate existing not-for-profit participants from whatever competitive pressures are exerted ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
... financial system and delivering better consumer outcomes, while maintaining the flow of credit and continuing to promote competition." He said the Royal Commission's final report, and the Government's response, "strengthen and expand the protections ...

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 ...