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Showing 801 - 810 of 1565 results for "Competition"

FSI favours Chile-style default super auction

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... superannuation fees have not fallen as low as they could have done, due largely to an "absence of strong consumer-driven competition." It put this lack of competition down to members' lack of engagement and reliance on employers to choose default funds ...

Murray calls for ASIC to have more money and power

MARK SMITH  |  SUNDAY, 7 DEC 2014
... adaptable and more accountable, with greater independence in some areas, such as funding" and would "increase the focus on competition and improve how regulations are made and reviewed." He also called for the establishment of a Financial Regulator Assessment ...

Murray's FSI: consumers win round one

ALEX DUNNIN  |  SUNDAY, 7 DEC 2014
... platforms charging 1.5% fees as a standard baseline may be numbered. But the FSI hasn't stopped there. It wants the competition doors to default and especially union controlled award default super swung wide open - a view that will delight the government ...

Banks should hold more capital: Murray

AAP  |  SUNDAY, 7 DEC 2014
Australian banks should be forced to hold more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found. The final report of David Murray's blueprint for the future of Australia's financial system, released ...

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
... products, unless a review by 2020 concludes that the Stronger Super reforms have been effective in significantly improving competition and efficiency in the superannuation system. The retirement phase of superannuation: Require superannuation trustees ...

Super returns dip in September quarter

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
... run only to benefit its members." The FSC is lobbying government to remove super from awards, claiming it stifles competition and unfairly favours industry funds.

Industry welcomes grandfathering deal

LAURA MILLAN  |  WEDNESDAY, 26 NOV 2014
... legislation. The Financial Planning Association (FPA) chief executive Mark Rantall noted that the move "will ensure competition in the financial industry by enabling advisers to freely move licenses." "FoFA should provide a better financial future to ...

Cbus delivered last blow before RC interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 26 NOV 2014
... Butera aside, and initiated an independent governance review to be carried out by former chairman of the Australian Competition and Consumer Commission Graeme Samuel. The Commissioner is due to hand his interim report to the Governor-General on December ...

Further raise pension age, says Future Leaders winner

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
... Council and Deloitte. This year, competitors were asked to prepare presentations on one of four hot topics: MySuper and competition; the Asia region funds passport; the Financial System Inquiry (FSI); and the regulation of the financial services industry. ...

Santa came to town

BENJAMIN ONG  |  MONDAY, 24 NOV 2014
... there, before you conclude that this particular one punishes depositors, it does not, according to The Economist. "Competition among banks to attract savers should ensure that banks offer the highest-possible rates. One-year deposit rates were effectively ...