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Showing 501 - 510 of 1045 results for "Productivity"

Regulators in Productivity Commission firing line

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
ASIC and APRA both scored scathing assessments in the Productivity Commission's superannuation report. The regulators sharing responsibility for the oversight of Australia's finance system copped a grilling in the Commission's final report ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
The Productivity Commission reinforced several recommendations flagged in mid-2018 in a bid to modernise the $2.7 trillion industry, which included shaking up the default sector. The Commission handed down 31 recommendations in its final report in assessing ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
Major industry associations collectively agree that the Productivity Commission's final report reaffirms the strength of superannuation, but member advocates say the findings are wake up call to fix a broken system. CHOICE chief executive Alan Kirkland ...

ASIC to examine super fund and employer connections

HARRISON WORLEY  |  TUESDAY, 8 JAN 2019
... Australia called for employer funds to be included in a best-in show list of recommended default funds proposed by the Productivity Commission. WSSA said employer funds were entitled to be included as an 11th option on the list, because employer funds ...

ASIC appoints second deputy chair

KARREN VERGARA  |  FRIDAY, 7 DEC 2018
ASIC has filled its second deputy chair position to replace Peter Kell, who finished up yesterday. Outgoing Productivity Commission deputy chair and commissioner Karen Chester will commence on 28 January 2019 for a five-year period. Chester was appointed ...

Superannuation fund comparison tool launches

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
... Royal Commission hearings exposed super funds putting commercial self-interest before member interests, while the Productivity Commission exposed the market failure of the default super sector," he said. "The solution is not more super funds-that is ...

IFM Investors chair lays out priorities

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
... Institute in the past. He reiterated that industry funds were beating retail funds in performance, as published in the Productivity Commission report's research, but said ISA doesn't believe retail funds should be wiped off by the government ...

Planning firm among healthiest Australian workplaces

HARRISON WORLEY  |  TUESDAY, 4 DEC 2018
... lifestyle, clinical indicators, stress and mental health in an effort to understand their impacts on wellbeing and productivity in the workplace. This year, CSC was awarded as Australia's healthiest workplace in the medium-sized category, while Announcer ...

Investment manager chair retires

DARREN SNYDER  |  FRIDAY, 30 NOV 2018
... "death blow" had been dealt to "corrupt sales commissions in financial planning" at the Royal Commission. And both the Productivity Commission and the Royal Commission were recognising "that the industry super model is superior."

SMSF investment platform begins, announces senior hire

DARREN SNYDER  |  WEDNESDAY, 28 NOV 2018
... help with their portfolios." The firm cites data that suggests 85% of Australians do not get financial advice, and a Productivity Commission report showing about 70% of SMSF trustees make their own investment decisions without advice. Yet "these unadvised ...