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Showing 451 - 460 of 979 results for "Financial System"

Federal Government told to stop 'tinkering' with superannuation

KERRIE SYDEE  |  THURSDAY, 7 APR 2016
... and purpose of superannuation. "Defining super and enshrining it in law was an important recommendation of the Financial System Inquiry and will serve as a yardstick against which all future decisions impacting on our retirement system can be measured" ...

Further fintech reform on cards

DARREN SNYDER  |  TUESDAY, 22 MAR 2016
... fintech reforms, especially around crowd-funding, in a bid to rapidly expand a sector which is "transforming our financial system." Releasing the government's fintech statement yesterday, Treasurer Scott Morrison said potential reforms included: allowing ...

PC releases Efficiency and Competition Review issues paper

ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
... review was commissioned by Treasurer Scott Morrison earlier this year as part of the government's response to the Financial System Inquiry. In the paper, the PC has outlined that its main concerns with the superannuation system are not so much flawed ...

Govt announces superannuation's objective

ALEX DUNNIN  |  WEDNESDAY, 9 MAR 2016
... proposes to enshrine in legislation. The words the government is proposing are the same as those recommended by the Financial System Inquiry: 'To provide income in retirement to substitute or supplement the Age Pension'. In the paper, they explain that ...

ASIC cracks down on "independent" AFSLs

ALEX BURKE  |  THURSDAY, 3 MAR 2016
... meanwhile, can receive commission remuneration as an authorised representative of Suncorp. "The independence of financial system gatekeepers such as financial advisers is an important issue for consumers and investors and may sway their decisions about ...

Parliament passes FoFA amendments

ALEX BURKE  |  THURSDAY, 3 MAR 2016
... consumers who access financial advice. "The Turnbull Government will continue to implement initiatives from the Financial System Inquiry in order to enhance the financial system and ensure Australians continue to have confidence that our financial system ...

Productivity Commission should focus on Choice underperformance: AIST

ALEX BURKE  |  FRIDAY, 19 FEB 2016
... get moving on the consultative process required to set objectives of the super system - as recommended by the Financial System Inquiry. We question how the Productivity Commission can develop measures to assess the efficiency of the system, without any ...

KPMG boosts wealth management with industry fund veterans

ALEX BURKE  |  FRIDAY, 19 FEB 2016
... confronting." Howes added, "There are many issues driving change in the sector - such as the Government's response to the Financial System Inquiry, ongoing changes to the governance and distribution models in superannuation and the rapid internationalisation ...

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
... annuity sales driven by interest in Comprehensive Income Products for Retirement (CIPRs) as recommended via the Financial System Inquiry. "Following through with legislation will embed retirement income as the foundation of our superannuation system," ...

Actuaries Institute asks for FSI to be implemented

MARK SMITH  |  MONDAY, 15 FEB 2016
... retirement income stream products in its pre-Budget submission. The institute restated the proposals it made to the Financial System Inquiry (FSI) which were, in turn, reinforced in the FSI's final report but are yet to be implemented by the government. ...