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

Search Results

Showing 601 - 610 of 1018 results for "Inquiry"

SMSF borrowers should be forced to seek advice: AFA

LAURA MILLAN  |  THURSDAY, 18 SEP 2014
... to seek financial advice, the Association of Financial Advisers (AFA) said. In its submission to the Financial System Inquiry (FSI), the organisation said it was supportive of the trustees' ability to borrow within the fund, but raised concerns over ...

Hockey wants Sinodinos back

JAMES FERNYHOUGH  |  TUESDAY, 16 SEP 2014
... Sinodinos stood aside as assistant treasurer in March when it became clear he would be called as a witness in the ICAC inquiry into Australia Water Holdings (AWH). He was temporarily replaced by Finance Minister Mathias Cormann. Two key policy areas ...

Throw out relative performance tables: Finsia

MARK SMITH  |  THURSDAY, 11 SEP 2014
... view put forward by the Financial Services Institute of Australasia (Finsia) in its submission to the Financial System Inquiry (FSI). The industry body said the focus of the superannuation industry should be on the wealth outcomes of individuals over ...

Forget about national advice exam, focus on training: CPA

LAURA MILLAN  |  THURSDAY, 11 SEP 2014
... organisations exposed their position regarding adviser education in a joint submission to the Parliamentary Joint Committee (PJC) inquiry into lifting the professional standards in the financial services industry. The submission highlighted that competency ...

Ai Group defends super in awards

JAMES FERNYHOUGH  |  WEDNESDAY, 10 SEP 2014
... superannuation default funds to remain within the modern awards system. In its second-round submission to the Financial System Inquiry (FSI) the employer group, which represents more than 6000 businesses and appoints employer representatives to the board ...

Instos offer advice at a loss to drive product sales: EY

LAURA MILLAN  |  TUESDAY, 9 SEP 2014
... at a loss to lead clients into product sales, Ernst & Young (EY) have said in their submission to the Financial System Inquiry (FSI). EY argued that decades old industry approaches "have devalued advice by offering it as a loss leader into a product ...

Challenger supports default 'MyPension' product

JAMES FERNYHOUGH  |  TUESDAY, 9 SEP 2014
... default offering into retirement, and should include annuities in that offering, Challenger has told the Financial System Inquiry (FSI). In its second submission to the FSI, Challenger argued that disengagement and "behavioural biases" mean a default ...

Institutions' bid to raise adviser education not genuine: FSU

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... to better the integrity and transparency of the industry." In a submission to the Parliamentary Joint Committee (PJC) inquiry into proposals to lift the professional, ethical and education standards in the financial services industry, the FSU said that ...

FOS demands licensee-funded consumer protection scheme

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... paid when awarded compensation, the Financial Ombudsman Service (FOS) asked in its submission to the Financial System Inquiry (FSI). The proposal was made in light of the 105 FOS determinations made in favour of consumers that remain unpaid. The total ...

Super fees drop as fund war rolls on

LAURA MILLAN  |  MONDAY, 8 SEP 2014
Superannuation fees have been at the centre of public debate since David Murray's Financial System Inquiry (FSI) flagged that there is little fee-based competition and that "fees appear high by international standards." But the Rainmaker 2014 Super ...