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Showing 51 - 60 of 281 results for "FSI"

Retirement incomes become industry focus

DARREN SNYDER  |  THURSDAY, 22 OCT 2015
... by Monash University professor Deborah Ralston. They also come after the government announced its Financial System Inquiry (FSI) response this week. By the end of 2016 the government will consult on legislation to facilitate super trustees providing ...

Super funds eye impact investing structures

LAURA MILLAN  |  WEDNESDAY, 21 OCT 2015
... spending on health, security, transport, food will be impacted." The recent government response to the Financial System Inquiry (FSI) proposes to "explore ways to facilitate development of the impact investment market in Australia, and introduce legislative ...

FSI response fans default super flames

MARK SMITH  |  WEDNESDAY, 21 OCT 2015
The government calling for another review of default super in its response to the Financial System Inquiry has inflamed the on-going row between the industry and retail segments of super. Industry fund body Industry Super Australia has questioned the ...

Bowen draws red line on default fund choice

LAURA MILLAN  |  WEDNESDAY, 21 OCT 2015
The Labor Party is ready to support most of the government's proposed measures outlined in the Financial System Inquiry (FSI) response, but changes to default fund choice are a red line. "There has to be a filter to protect the interests of those who ...

Financial System Inquiry response cut-out-and-keep guide

MARK SMITH  |  TUESDAY, 20 OCT 2015
The Financial System Inquiry (FSI) conducted a root and branch examination of Australia's financial system, making 44 recommendations to increase efficiency, resilience and fair treatment of the financial system. In its response, the government has ...

FSI retirement response receives support

DARREN SNYDER  |  TUESDAY, 20 OCT 2015
... development of Comprehensive Income Products for Retirement (CIPRs). Announcing its response to the Financial System Inquiry (FSI) today, the government has accepted a majority of the Inquiry's recommendations including CIPRs and enshrining the objectives ...

Government to lift advice standards by law

LAURA MILLAN  |  TUESDAY, 20 OCT 2015
... professional standards of advisers. The response's approach to life insurance is different to that recommended by David Murray's FSI report. "We support the retail life insurance industry's proposed reforms as announced by the then Assistant Treasurer ...

ASIC to be handed greater powers

MARK SMITH  |  TUESDAY, 20 OCT 2015
... Commission (ASIC) additional powers to effectively regulate the financial services sector. More than 10 months after the release of FSI chairman David Murray's final report, the government has agreed to implement most of the recommendations put forward ...

FSI and tax response "close to completion": Morrison

LAURA MILLAN  |  THURSDAY, 24 SEP 2015
Treasurer Scott Morrison confirmed that the government's response to the Financial System Inquiry (FSI) is "proceeding and close to completion," despite the recent Liberal spill and cabinet reshuffle. Morrison addressed the media along with Finance ...

FSI panellist challenges ASIC register sale

ALEX BURKE  |  WEDNESDAY, 23 SEP 2015
Murray Inquiry panellist Professor Kevin Davis has proposed an alternative model for the sale of ASIC's Business Registers. Davis, who is the research director at the Australian Centre for Financial Studies, has released a discussion paper, titled Privatising ...