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Showing 521 - 530 of 979 results for "Financial System"

VicSuper and Challenger launch integrated super retirement product

DARREN SNYDER  |  THURSDAY, 11 JUN 2015
VicSuper has answered the Financial System Inquiry's call for superannuation trustees to introduce measures that will potentially protect members' longevity risk and improve efficiency in retirement. In conjunction with investment management firm Challenger ...

Trillion dollar super industry attractive to organised criminals

DARREN SNYDER  |  MONDAY, 1 JUN 2015
... "Significant and continued financial losses in this sector could also lead to a lack of confidence in the Australian financial system broadly, and in superannuation in particular, leading to a withdrawal of investors from the sector." Recent investigations ...

Independence on super boards should be skills based

DARREN SNYDER  |  MONDAY, 1 JUN 2015
... report is considered timely as the financial services industry expects the federal government to respond to the Financial System Inquiry next month. Mercer believes a recommendation will be to assign a majority of independent directors on superannuation ...

FSC backs Commission on choice of super funds

DARREN SNYDER  |  WEDNESDAY, 20 MAY 2015
... should be able to choose any MySuper product to be the default fund for their workplace." Loane added that in the Financial System Inquiry, choice and competition were at the centre of recommendations on superannuation. It strongly endorsed the principle ...

XTB launch opens corporate bonds to retail

DARREN SNYDER  |  THURSDAY, 14 MAY 2015
... shareholders in." According to the Murray Review, Murphy said, given the size and sophistication of Australia's financial system and economy, we should have a $400 billion corporate bond market, combining wholesale and retail investors; instead of the ...

Aberdeen names FEAL scholarship winner

ALEX BURKE  |  WEDNESDAY, 13 MAY 2015
Aberdeen Asset Management has named the winner for its FEAL London School of Economics Executive Summer School Scholarship for 2015. HESTA executive manager - finance and investment operations David Morris will attend the Leadership in Financial Institutions ...

Bank results underpin wealth management new era

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
... culture and behaviour in the past. At the moment, a Parliamentary Joint Committee into financial advice, the Financial System Inquiry (FSI) and the Trowbridge report into risk advice are raising questions about the current model. "Although the industry ...

NAB appoints new chair

ALEX BURKE  |  THURSDAY, 7 MAY 2015
... Council and the ASX. Speaking of his successor, Chaney said: "Ken has an unequalled understanding of the Australian financial system, the issues facing financial services companies and the Australian economy more generally. During his time on the Board ...

FPA proposes risk commission cap

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
... strong adherence to the best interest duty, thus removing churn," she said. Referring to the proposal in the Financial System Inquiry (FSI) that risk advisers offer only level commissions in the future, she said: "We do not see that working in the Australian ...

Former AMP chief executive joins Westpac

DARREN SNYDER  |  MONDAY, 4 MAY 2015
... board's current skills and experience," Maxstead said. Recently Dunn was a panel member of the federal government's Financial System Inquiry and is a current board member of the government's Financial Literacy Board and the Australian Ballet. Before ...