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

Search Results

Showing 621 - 630 of 979 results for "Financial System"

Senate bill challenges general advice definition

LAURA MILLAN  |  TUESDAY, 2 SEP 2014
Greens Senator Peter Whish-Wilson has decided to get ahead of the Financial System Inquiry (FSI) and is set to table a bill to change the definition of 'general advice.' The Senator will introduce the private member bill today during the Senate sitting ...

Body needed to monitor adviser competency: FSC

LAURA MILLAN  |  TUESDAY, 2 SEP 2014
... competency standards, adviser education and the register of advisers, the FSC proposed in its submission to the Financial System Inquiry (FSI). The board should include representatives from industry participants such as the Australian Securities and ...

Vertical integration good for consumers, competition: instos

LAURA MILLAN  |  MONDAY, 1 SEP 2014
... integration is positive for consumers because it helps market competition. The stakeholders have rebuffed the Financial System Inquiry's (FSI) concern that vertical integration might have a negative effect on consumers, especially when financial product ...

FSC calls for new govt agency to grow industry overseas

MARK SMITH  |  MONDAY, 1 SEP 2014
... our funds management industry, the Financial Services Council (FSC) said in its second round submission to the Financial System Inquiry (FSI). The new body, as envisaged by the FSC, would address international integration issues covering mutual recognition ...

Call general advice 'sales': CBA

ALICE URIBE  |  FRIDAY, 29 AUG 2014
... recommended there be changes to the way that 'advice' is described in its second round submission that responds to the Financial System Inquiry's (FSI) Interim Report. In its 92 page submission published on the FSI website today, it recommended that ...

FSI flooded with second round submissions

ALICE URIBE  |  FRIDAY, 29 AUG 2014
More than 6,300 bodies, companies and individuals have provided second round submissions in response to the Financial System Inquiry's Interim Report which was released in July. According to the FSI over 5,000 submissions were received on the issue ...

Retirement phase top issue for super in FSI

JAMES FERNYHOUGH  |  FRIDAY, 29 AUG 2014
... shortfalls and challenges of the retirement phase of superannuation in the second round of submissions to the Financial System Inquiry (FSI). In its 140 page submission the Association of Superannuation Funds of Australia (ASFA) put the emphasis on limiting ...

FSC: Appoint an ASIC commissioner for international issues

MARK SMITH  |  THURSDAY, 28 AUG 2014
The Financial Services Council (FSC) has called on the Financial System Inquiry to consider the appointment of a new ASIC commissioner to deal with international regulatory issues and for an agency to be established to coordinate and promote financial ...

SPAA rejects compulsory annuitisation

LAURA MILLAN  |  THURSDAY, 28 AUG 2014
... (SPAA) has spoken against the introduction of compulsory annuitisation in Australia in its submission to the Financial System Inquiry (FSI) "SPAA does not support policy incentives that encourage retirees to purchase one particular type of retirement ...

IFM warns against foreign ownership of infrastructure

JAMES FERNYHOUGH  |  THURSDAY, 28 AUG 2014
... infrastructure, meaning more assets will be bought by foreign investors, IFM Investors has warned. In its submission to the Financial System Inquiry, the industry fund-owned fund manager said, "The existing liquidity management regime strongly encourages ...