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Showing 691 - 700 of 979 results for "Financial System"

SMSFs want access to infrastructure and corporate bonds

JAMES FERNYHOUGH  |  MONDAY, 14 APR 2014
The Financial System Inquiry should look into ways of making direct investment in infrastructure and corporate bonds more accessible to self-managed super funds (SMSFs), the SMSF Professionals' Association of Australia (SPAA) has argued. SMSFs currently ...

SMSFs need no more regulation: Treasury

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
... fund (SMSF) industry does not need to be prudentially regulated, Treasury has argued in its submission to the Financial System Inquiry. It said that a major attraction of SMSFs was the light-touch regulation, providing freedom for trustees to engage ...

PE backed IPOs outperform

ALEX DUNNIN  |  THURSDAY, 10 APR 2014
... across the domestic and global marketplace," he added. Release of the study follows AVCAL's submission to the Financial System Inquiry which is investigating how capital within the Australian financial system can be unlocked and allowed to flow into ...

ASIC should regulate SMSFs as a financial product: PwC

LAURA MILLAN  |  WEDNESDAY, 9 APR 2014
... financial product regulated by the Australian Securities and Investments Commission (ASIC). In a submission to the Financial System Inquiry (FSI), PwC alerted that account balances transferred into SMSFs are often "very small" and added that they often ...

ASIC eyes fee for service funding model

LAURA MILLAN  |  TUESDAY, 8 APR 2014
The Australian Securities and Investments Commission (ASIC) asked the Financial System Inquiry (FSI) to consider changing the regulator's funding model to one partly based on fee for service. In a submission to the Murray inquiry, ASIC proposed to charge ...

National Seniors asks Inquiry to deliver "top quality" advice

MARK SMITH  |  TUESDAY, 8 APR 2014
National Seniors has called on the Financial System Inquiry (FSI) to consider ways in which Australia can deliver "top quality, independent financial advice." In its submission, the over-50s consumer lobby urges the Inquiry to consider the government's ...

AFA focuses FSI submission on FoFA "misinformation campaign"

LAURA MILLAN  |  MONDAY, 7 APR 2014
The Association of Financial Advisers (AFA) have asked the Financial System Inquiry (FSI) to consider whether the Australian Securities and Investments Commission (ASIC) should have stepped in to address what the association calls a "campaign of misinformation" ...

APRA requests more decision-making power

JAMES FERNYHOUGH  |  MONDAY, 7 APR 2014
The Australian Prudential Regulation Authority (APRA) has used its submission to the Financial System Inquiry to call for increased independence from government. APRA's submission argues that it needs more freedom to regulate the banking, superannuation ...

ISA attacks financial 'short-termism'

JAMES FERNYHOUGH  |  FRIDAY, 4 APR 2014
... investment to GDP outside the mining sector, according to Industry Super Australia (ISA). In its submission to the Financial System Inquiry, ISA described short-termism as "the tendency to overweigh near-term outcomes relative to future long-term growth ...

FPA calls for clear separation of general and personal advice

LAURA MILLAN  |  FRIDAY, 4 APR 2014
The Financial Planning Association (FPA) asked the Financial System Inquiry (FSI) to review the definitions of general and personal advice over concerns that the terms make it difficult for consumers to distinguish personal advice from product sales. ...