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Showing 751 - 760 of 1812 results for "Regulation 2014"

Bank love affair with wealth management waning

KERRIE SYDEE  |  MONDAY, 16 MAY 2016
The wealth management industry has been embroiled in one scandal after another and as it struggles to meet both shareholder and customer demands, a number of big players are re-evaluating their commitment to wealth management. Unlike many international ...

Financial Sector Advisory Council back in action

DARREN SNYDER  |  MONDAY, 9 MAY 2016
The Financial Sector Advisory Council has been reconstructed with new appointments and a mandate to advise the federal government on regulator performance as well as its implementation of the Financial System Inquiry (FSI). The rebuilt Council will ...

Panel to review financial services complaints system

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
The federal government has announced its independent panel to review the financial services' external dispute resolution and complaints framework. The review will focus on the role, powers, governance, accountability and effectiveness of bodies active ...

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
Going some way to form the federal government's superannuation budget agenda last night was Treasury's release of the Retirement Income Streams Review. Based on the review's seven recommendations the government has decided to remove tax barriers to ...

Drop in regulator staff numbers under coalition

MARK SMITH  |  MONDAY, 2 MAY 2016
There has been a sharp decline in staff numbers at the regulators policing the financial services industry in the Coalition government's three years in office, according to a new report by the Australia Institute. Average Australian Securities and Investments ...

Challenger annuities march on

MARK SMITH  |  FRIDAY, 22 APR 2016
Challenger's annuity business has continued its charge with sales of $575 million in the quarter ending March 31. The figure represents a 29% on the same period last year and included strong growth in both term annuities (up 22%) and lifetime annuities ...

All super funds should have independent chair: research

DARREN SNYDER  |  THURSDAY, 21 APR 2016
... independent chair. Following its initial paper on the contentious issue, the Centre for International Finance and Regulation (CIFR) has released supplementary research that includes seven industry recommendations on fund governance. Co-authors Dr Suzanne ...

ASIC user-pay model "eminently sensible": SEC veteran

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Adopting the industry funding model for ASIC will result in a much more efficient and less politically-motivated regulator, according to former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas. ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Following industry speculation, the Turnbull Government has announced a $127.2 million reform package for ASIC. The announcement follows Labor's calls for a Royal Commission into the financial services industry, which both the Prime Minister and Treasurer ...

More numerate less likely to open SMSF

DARREN SNYDER  |  FRIDAY, 15 APR 2016
Early findings from new self-managed superannuation fund research is showing people with higher numeracy skills are less likely to be an SMSF member. That said, the research also shows SMSF members are highly knowledgeable about running their own super ...