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Showing 461 - 470 of 1018 results for "Inquiry"

Pressure mounts on Cbus in Royal Commission

DARREN SNYDER  |  TUESDAY, 8 SEP 2015
... Commission into Trade Union Governance and Corruption. On Monday Counsel Assisting the Commission made submissions to its inquiry on Cbus, alleging the industry superannuation fund chief agreed to provide personal details of fund members who were Lis-Con ...

Regulators put super funds on notice

DARREN SNYDER  |  TUESDAY, 8 SEP 2015
... announce a package to allow new retirement product development in line with recommendations from the Financial System Inquiry (FSI). Fitzpatrick said ASIC has had an increasing role in promoting financial literacy to ensure consumers are confident in ...

ASIC would "rarely" ban products

ALEX BURKE  |  MONDAY, 7 SEP 2015
... ASIC would only ban products in "extreme circumstances" if its regulatory powers were expanded as per Financial System Inquiry recommendations, ASIC chair Greg Medcraft said. Speaking at the Banking and Financial Services Law Association conference in ...

MyPension product to solve retirement income hurdle

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
... and superannuation expert Jeremy Cooper said. Cooper said that this issue has been identified by the Financial System Inquiry (FSI) and he flagged the need for the industry to develop a "comprehensive income product for retirement." He explained that ...

Government must not mandate products for super members: AIST

DARREN SNYDER  |  WEDNESDAY, 2 SEP 2015
... allow new retirement product development. He expects this will be in line with recommendations from the Financial System Inquiry (FSI). "Our super system is still decades away from full maturity. Most Australians still retire with relatively small balances ...

Super doing its job: Actuaries Institute

MARK SMITH  |  WEDNESDAY, 2 SEP 2015
... system is doing its job, a newly published white paper from the Actuaries Institute has concluded, but Financial System Inquiry chair David Murray argues it must be removed from political intervention. The new paper, 'For Richer or Poorer', analyses ...

Industry funds attack banks on super

DARREN SNYDER  |  MONDAY, 31 AUG 2015
... efficiency and better services for members," he said. FSC chief executive Sally Loane previously said the "Financial System Inquiry found that in the last decade average fees have fallen by 20 basis points while the size of the average fund has grown ...

Reform summit must keep momentum: ASFA

DARREN SNYDER  |  MONDAY, 31 AUG 2015
... needs improvement. ASFA believes the super system is already meeting its objectives as determined by the Financial System Inquiry (FSI) but long-term success would entail meeting several benchmarks by 2050. The benchmarks include having less than 20% ...

Bankers see ASIC user pays model as burden

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
... consultation paper seeking stakeholder views. This consultation is part of the government's consideration of the Financial System Inquiry (FSI), which recommended that ASIC's regulatory activities be funded by industry. The government said that an industry ...

ACSI calls for better company disclosure

DARREN SNYDER  |  TUESDAY, 25 AUG 2015
... unacceptably low base". The comments formed part of ACSI's recent submission to the Senate Economics References Committee inquiry in to foreign bribery. ACSI recommends the government harmonises Australia's legal and enforcement framework for foreign ...