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Showing 631 - 640 of 992 results for "Financial System"

New players need support to enter financial services: Coles

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
... the financial services industry, Coles has said The retailer expressed support for a proposal laid out in the Financial System Inquiry (FSI)'s interim report to improve access for new entrants to the financial services industry. In a submission to the ...

Former Treasury adviser joins ASFA

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
... body in June. McCrea has 14 years' experience in government policy, most recently as a senior adviser in the Financial System and Services division of Treasury. ASFA chief executive Pauline Vamos said: "The appointment reflects the increasing complexity ...

GSA an affordable alternative to DLAs: APRA

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... longevity risk, according to the Australian Prudential Regulation Authority (APRA). In its second submission to the Financial System Inquiry (FSI), APRA was in agreement with interim reportA saying that the retirement income industry was underdeveloped ...

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 ...