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Showing 61 - 70 of 281 results for "FSI"

New faces to lead financial services policy reform

LAURA MILLAN  |  MONDAY, 21 SEP 2015
... collection. O'Dwyer will be the industry's main point of contact to deal with policy issues such as the Financial System Inquiry (FSI), the government's response to the parliamentary inquiry into advice, ethical and education standards and the proposed ...

Turnbull expected to dust off shelved policies

LAURA MILLAN  |  TUESDAY, 15 SEP 2015
... the leadership change as an opportunity for the government to finally issue its response to the Financial System Inquiry (FSI) report and other policy issues that have remained shelved for months. A number of industry representatives expressed their ...

Regulators put super funds on notice

DARREN SNYDER  |  TUESDAY, 8 SEP 2015
... announce a package to allow new retirement product development in line with recommendations from the Financial System Inquiry (FSI). Fitzpatrick said ASIC has had an increasing role in promoting financial literacy to ensure consumers are confident in ...

MyPension product to solve retirement income hurdle

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
... superannuation expert Jeremy Cooper said. Cooper said that this issue has been identified by the Financial System Inquiry (FSI) and he flagged the need for the industry to develop a "comprehensive income product for retirement." He explained that this ...

Government must not mandate products for super members: AIST

DARREN SNYDER  |  WEDNESDAY, 2 SEP 2015
... new retirement product development. He expects this will be in line with recommendations from the Financial System Inquiry (FSI). "Our super system is still decades away from full maturity. Most Australians still retire with relatively small balances ...

Super doing its job: Actuaries Institute

MARK SMITH  |  WEDNESDAY, 2 SEP 2015
... 30) will be marginally better off when they reach retirement because of the Superannuation Guarantee," he added. However, FSI chair David Murray, who launched the report, warned that super tax benefits are very distorted for lower income Australians. ...

Reform summit must keep momentum: ASFA

DARREN SNYDER  |  MONDAY, 31 AUG 2015
... improvement. ASFA believes the super system is already meeting its objectives as determined by the Financial System Inquiry (FSI) but long-term success would entail meeting several benchmarks by 2050. The benchmarks include having less than 20% of retired ...

Bankers see ASIC user pays model as burden

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
... paper seeking stakeholder views. This consultation is part of the government's consideration of the Financial System Inquiry (FSI), which recommended that ASIC's regulatory activities be funded by industry. The government said that an industry funding ...

Frydenberg relaxed about SMSF borrowing

DARREN SNYDER  |  MONDAY, 24 AUG 2015
... widely about the parliament's tax and financial services reviews, including that, as part of the Financial System Inquiry (FSI), the government would make a measured response around problems associated with limited recourse borrowing arrangements (LRBAs) ...

Regulation is not the only answer: Herbert Smith Freehills

LAURA MILLAN  |  WEDNESDAY, 12 AUG 2015
... difference between the superannuation segments," he says. Transparency, accountability -"although there is nothing in the FSI recommendations that suggest we should increase accountability" - and reducing homogeneity are other advantages of having independent ...