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Showing 631 - 640 of 979 results for "Financial System"

Give MySuper time to work, says AIST

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
... system, the Australian Institute of Superannuation Trustees (AIST) has said. In its submission in response to the Financial System Inquiry (FSI) interim report, AIST said wholesale structural changes to deal with the comparatively high fees super funds ...

Higher education will not fix advice industry problems: Accountants

LAURA MILLAN  |  WEDNESDAY, 27 AUG 2014
... experienced in recent years, the Chartered Accountants Australia and New Zealand (CAANZ) said in a submission to the Financial System Inquiry (FSI). "Australians cannot have a professional relationship with an adviser when there is such disparity in ...

Government tables FoFA bill in House of Reps

LAURA MILLAN  |  WEDNESDAY, 27 AUG 2014
The Coalition has reintroduced the amendments of the Future of Financial Advice (FoFA) bill into the House of Representatives, reigniting the political debate around financial planning legislation. The government's move follows the opposition's failed ...

ASFA asks FSI for clear targets to measure super success

MARK SMITH  |  WEDNESDAY, 27 AUG 2014
... superannuation's role in reducing the Age Pension burden on public coffers can be measured. In its latest submission to the Financial System Inquiry the industry body set a number of key targets for the superannuation to have achieved by 2050. Specifically ...

Stagflation is real in Brazil

BENJAMIN ONG  |  WEDNESDAY, 27 AUG 2014
... follows the lowering in required reserves announced on 24 July (estimated to release 30 billion reals into the financial system) and is in addition to lowered risk capital requirements that the CBB expects to add another 15 billion reals. Brazil's finance ...

SPAA defends SMSF tax rules

JAMES FERNYHOUGH  |  TUESDAY, 26 AUG 2014
... retirees, not just SMSFs. She voiced full support for the tax imputation system, which is under scrutiny from the Financial System Inquiry.

Actuaries Institute to advise FSI on longevity

JAMES FERNYHOUGH  |  MONDAY, 25 AUG 2014
The Financial System Inquiry has enlisted the Actuaries Institute to advise it on possible product solutions that deal with the challenge of longevity. In its submission to the FSI, released today, the Actuaries Institute states: "The Institute is assisting ...

Dimensional latest to join Calastone network

MARK SMITH  |  THURSDAY, 21 AUG 2014
... BT Financial Group, Hyperion, Fidelity, UBS, and IOOF. The announcement comes as the Murray inquiry into the financial system has called for greater focus on efficiency around the operation of superannuation in Australia. "Our business is founded on ...

Cap market efficiency plummets

ALEX DUNNIN  |  WEDNESDAY, 20 AUG 2014
Reinforcing why the government initiated the Financial System Inquiry, economic research by Industry Super Australia has revealed that the financial services sector is becoming less efficient at raising capital. The cause of the problem, according to ...

Ditch retail prospectuses in some cases, say leading lawyers

ALEX DUNNIN  |  TUESDAY, 19 AUG 2014
... panel of leading finance industry lawyers has said. The proposal surfaced following the release of the interim Financial System Inquiry (FSI) report that raised the conjecture that disclosure has failed to protect retail investors. Speaking at a UNSW ...