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Showing 481 - 490 of 979 results for "Financial System"

Financial System Inquiry response cut-out-and-keep guide

MARK SMITH  |  TUESDAY, 20 OCT 2015
The Financial System Inquiry (FSI) conducted a root and branch examination of Australia's financial system, making 44 recommendations to increase efficiency, resilience and fair treatment of the financial system. In its response, the government has ...

FSI retirement response receives support

DARREN SNYDER  |  TUESDAY, 20 OCT 2015
... support the development of Comprehensive Income Products for Retirement (CIPRs). Announcing its response to the Financial System Inquiry (FSI) today, the government has accepted a majority of the Inquiry's recommendations including CIPRs and enshrining ...

Mercer rates Aussie super B+

DARREN SNYDER  |  TUESDAY, 20 OCT 2015
... participation of older Australians and reducing government debt. "One of the things that have been discussed in the Financial System Inquiry is the Comprehensive Income Product for Retirement [CIPR]. If we have a stronger focus on income streams, whatever ...

Government to lift advice standards by law

LAURA MILLAN  |  TUESDAY, 20 OCT 2015
... standards of financial advisers, and it will do it by passing new legislation, it said in its response to the Financial System Inquiry. The government will develop legislative amendments that will force advisers to hold a degree, pass an exam, undertake ...

ASIC to be handed greater powers

MARK SMITH  |  TUESDAY, 20 OCT 2015
... commenced on an industry-pays funding model. The government said it will strengthen the focus on competition in the financial system by explicitly including consideration of competition in ASIC's mandate and tasking the Productivity Commission to examine ...

AMP to launch SMSF trustee course

DARREN SNYDER  |  MONDAY, 19 OCT 2015
... amount rather than a lump sum amount and goal set." Burgess said when the government finally responds to the Financial System Inquiry, he expects the government to also tighten rules around limited recourse borrowing arrangements (LRBAs). "And that will ...

New super Shadow Minister as PM acknowledges Labor's plans

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
... said he will build on Labor's proud record in superannuation and advance a "more resilient, fair and competitive financial system." Chalmers joined several first-term Labor members in promotions among the shadow ministry yesterday, and at a time when ...

FSI and tax response "close to completion": Morrison

LAURA MILLAN  |  THURSDAY, 24 SEP 2015
Treasurer Scott Morrison confirmed that the government's response to the Financial System Inquiry (FSI) is "proceeding and close to completion," despite the recent Liberal spill and cabinet reshuffle. Morrison addressed the media along with Finance ...

New faces to lead financial services policy reform

LAURA MILLAN  |  MONDAY, 21 SEP 2015
... revenue collection. O'Dwyer will be the industry's main point of contact to deal with policy issues such as the Financial System Inquiry (FSI), the government's response to the parliamentary inquiry into advice, ethical and education standards and the ...

Room to move on super investment fees

DARREN SNYDER  |  MONDAY, 21 SEP 2015
... its power to put downward pressure on fees and increase the quality of superannuation products." He notes the Financial System Inquiry found that between 2004 and 2013, average fees only fell by 20 basis points whereas the size of the average fund increased ...