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Showing 61 - 70 of 160 results for "David Murray"

Borrowing magnifies risk: David Murray

ALEX BURKE  |  MONDAY, 2 MAR 2015
FSI chair and former CBA chief executive David Murray clarified his position on borrowing in super at the Switzer Leadership Lunch in Sydney. Arguing that the media had misrepresented his views, Murray explained that the FSI recommended that superannuation ...

Asset owners throwing money away in hidden fees

MARK SMITH  |  THURSDAY, 29 JAN 2015
... analysis. "The Financial System Inquiry put the focus squarely on cost in both its interim and final reports. Chairman David Murray and his committee said that superannuation fees are still too high and put the onus on the entire financial services industry ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... in 2015, was the far-reaching Financial System Inquiry (FSI), chaired by former Commonwealth Bank chief executive David Murray. The FSI's interim report, published on 15 July, put vertically-integrated advice channels squarely in its sights. The report ...

Royal commission must look at 'full picture': TWUSUPER CEO

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
... through the process relatively unscathed, although the scrutiny on enterprise bargaining agreements may have influenced David Murray in his recommendation that all members, without exception, have choice of fund.

Vertical integration not important anymore: Murray

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
... manufacturers and distributors work with the consumers' best interest in mind, Financial System Inquiry (FSI) chairman David Murray said. "The same obligations are on everybody, whether they're vertically integrated or not," Murray told the audience ...

Government Cyber Security Strategy already out of date

MARK SMITH  |  TUESDAY, 9 DEC 2014
Financial System Inquiry (FSI) chair David Murray has called for government and other financial system stakeholders to tighten processes to counter the growing threat of cyber-crime. Recommendation 38 in the final report of the FSI said the government's ...

FSI report favours longevity pooling

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
... report expected low-balance members to continue to opt for lump sum payments. Speaking today in Sydney, FSI chair David Murray said the emphasis on longevity risk protection would provide more reliable income for longer. "The trade-off would be that ...

Industry funds reject majority independent directors

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
David Murray's recommendation that super fund boards comprise a majority of directors has met with mixed responses from the industry, with the retail side welcoming it but the not-for-profit side broadly rejecting it. Media reports, meanwhile, have ...

SPECIAL REPORT: Financial System Inquiry

ALICE URIBE  |  MONDAY, 8 DEC 2014
... superannuation and investment management industries for years to come, was delivered by Treasurer Joe Hockey and FSI chair David Murray at 10.30am on Sunday morning. Released in July, the interim report was one of the major talking points this year. ...

Share market rallies on Murray report

AAP  |  MONDAY, 8 DEC 2014
... capital. Shares in the major banks and the small regional players are firmer, a day after former Commonwealth Bank boss David Murray's final report was released by Treasurer Joe Hockey. But Mr Murray's report was vague about the levels of capital he ...