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Showing 481 - 490 of 1006 results for "Financial System"

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. ...

CFA societies launch advocacy council

DARREN SNYDER  |  FRIDAY, 12 FEB 2016
... industry issues that impact investors and to support government, regulators and industry in creating a world-class financial system in Australia." In establishing the council, Serhan said CFA Societies Australia and CFA Society New Zealand wanted to ...

UniSuper develops retirement product

LAURA MILLAN  |  THURSDAY, 10 DEC 2015
... flexibility during the accumulation phase. The development of the option follows the Government's response to the Financial System Inquiry (FSI), which was supportive of the recommendation calling on the superannuation industry to develop CIPRs to improve ...

Government releases adviser education legislation

ALEX BURKE  |  FRIDAY, 4 DEC 2015
... will come into effect from July 1, 2017. "These reforms, recently announced in the Government's response to the Financial System Inquiry, have widespread support across industry participants, professional bodies and consumer representatives of the need ...