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Showing 651 - 660 of 979 results for "Financial System"

AIST slams Xenophon's super home loan proposal

JAMES FERNYHOUGH  |  FRIDAY, 1 AUG 2014
... they would miss out on the benefits of compounding interest and portfolio diversification." Garcia urged the Financial System Inquiry in its final report to call for bipartisan support to enshrine the key objectives of superannuation. "Even when the ...

FEATURE: Guiding the way to aged care

LAURA MILLAN  |  FRIDAY, 1 AUG 2014
... sustainable in the future. The Actuaries Institute placed aged care front and centre in its initial submission to the Financial System Inquiry (FSI). It noted that "government projections show that the means tested Age Pension costs over the next 50 ...

In the throes of change

MICHELLE BALTAZAR  |  TUESDAY, 29 JUL 2014
From the Financial Systems Inquiry to the value of vertical integration and post-FOFA advice, next week's Financial Services Council (FSC) conference will tackle issues that will shape the industry in future years. The annual FSC conference is unique ...

Passive FUM reaches all-time high

MARK SMITH  |  MONDAY, 28 JUL 2014
... product innovations in the indexing space, such smart beta. The new figures have come soon after the release of the Financial System Inquiry's interim report which raised concerns about the prevalence of active management approaches in superannuation. ...

Banks will struggle to profit from super: Sunsuper CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
... chief executive Scott Hartley. Hartley said MySuper and increasing transparency - as well as scrutiny from the Financial System Review - is making it impossible for banks to continue charging high fees for their retail funds. This led him to question ...

FSI recognises the "powerful force" of tech

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
Technology is a powerful force for change in the financial system, but future changes will present both opportunities and risks, the Financial System Inquiry (FSI) interim report said. "The rapid pace of technology change has already had a significant ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... welcomed the paper, with chief executive Pauline Vamos saying, "We are very, very happy they are not waiting for the Financial System Inquiry to begin this. "We all know income streams are needed. What this document is about is the how, and what will ...

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
... decision to scrap compulsory annuitisation as 'political schizophrenia'. The comments came on the same day the Financial System Inquiry floated the possibility of introducing compulsory annuitisation in Australia. Speaking at an event on infrastructure ...

Market Wrap AM

AAP  |  THURSDAY, 17 JUL 2014
... Bank's business survey for the June quarter are due to be released. Reserve Bank of Australia assistant governor (financial system) Malcolm Edey is slated to be a panel participant at the Centre for International Finance and Regulation (CIFR) Market ...

Market wrap

AAP  |  WEDNESDAY, 16 JUL 2014
... Yellen's testimony to Congress on Tuesday night (AEST). The major banks were mixed as the first review of the financial system in 17 years was released in Canberra. ANZ was steady at $33.54, Westpac added 16 cents to $34.30, NAB lifted 13 cents to $33.97 ...