Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 531 - 540 of 1018 results for "Inquiry"

Reconsider life insurance commission ban: ISA

LAURA MILLAN  |  TUESDAY, 10 FEB 2015
... reconsider banning commissions from risk advice, Industry Superannuation Australia (ISA) said in its submission to the inquiry. ISA noted that the working group, set up by the Financial Services Council (FSC) and the Association of Financial Advice (AFA) ...

Consumers need super default safety net: ISA

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
... by financial advisers," a newly-released ISA white paper on behavioural economics said. The ISA argued that the Murray Inquiry, the Productivity Commission Inquiry "have both rejected calls for deregulation of default fund selection and concluded that ...

Financial services companies owe consumers $15m compensation

LAURA MILLAN  |  MONDAY, 2 FEB 2015
... compensation mechanism. "PI Insurance is just not effective," the FOS said, and noted that "the FSI [Financial System Inquiry] interim report identified a clear gap in this area of consumer loss and sought views on how to address this."

Industry insurance report to focus on advice remuneration model

LAURA MILLAN  |  FRIDAY, 30 JAN 2015
... remuneration structures. The report is expected to be completed before March 31, when submissions for the final Financial System Inquiry (FSI) report are due, AFA chief executive Brad Fox told Financial Standard. Submissions are due today for the preliminary ...

Asset owners throwing money away in hidden fees

MARK SMITH  |  THURSDAY, 29 JAN 2015
... Shaw, believes local institutions would especially benefit from this kind of cost pattern analysis. "The Financial System Inquiry put the focus squarely on cost in both its interim and final reports. Chairman David Murray and his committee said that ...

What if SMSFs flocked to global equities in 2015?

LAURA MILLAN  |  WEDNESDAY, 21 JAN 2015
... of Selfie demand may even undermine the banks efforts to re-capitalise their balance sheets post the Financial System Inquiry." But according to Credit Suisse, a more realistic environment would be SMSFs benefitting from stronger inflows following the ...

Industry waiting on Frydenberg for adviser education guidance

LAURA MILLAN  |  MONDAY, 19 JAN 2015
... waiting on newly-appointed Assistant Treasurer Josh Frydenberg to make public the government's position on the Senate inquiry into adviser education standards. Financial Planning Association (FPA) general manager of policy and conduct Dante De Gori told ...

FPA sets sights on lifting professional standards

MARK SMITH  |  FRIDAY, 16 JAN 2015
... rightly on education and professional standards. The FPA welcomes this and we are pleased to see that the Financial System Inquiry, Senate Inquiry into the Performance of ASIC and most recently the PJC Inquiry have widely supported the measures we called ...

Medcraft backs national adviser exam

MARK SMITH  |  TUESDAY, 13 JAN 2015
... those of ANZ Bank, which called for a national adviser exam In its submission to the Senate Economics Reference Committee inquiry into the scrutiny of financial advice. The bank said the new education framework should set standards and outline the minimum ...

AIST and Mercer launch new super tracker

STAFF WRITER  |  FRIDAY, 9 JAN 2015
... recent inquiries into superannuation reiterate the need for evidence based evaluation. "We've had the Financial System Inquiry Final Report, now we're waiting for the review of the Tax System - it's a crucial time to be making evidence-based decisions ...