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Showing 821 - 830 of 1550 results for "Competition"

MyState sees small growth in profits

MARK SMITH  |  FRIDAY, 22 AUG 2014
... decline in the group's home loan portfolio due to soft economic conditions in our traditional markets and intense competition amongst lenders. Following increased focus on the broker channel, loan originations improved strongly in the second half. "MyState ...

Consumers ask banks to disclose brand ownership

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
... is about restricting customer choice of providers. "Multi-branding is simply unfair because it creates artificial competition. The fact is many of the smaller financial institutions out there are owned by the Big Four, which are trying to hide that ownership," ...

Advisers to study for 200 hours under TASA

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
... stress the ethical and professional responsibilities of tax financial advisers, as well as the key provisions of the Competition and consumer act 2010 focusing on misleading and deceptive conduct. Submissions to the exposure drafts close on September ...

Consumers have no loyalty to financial institutions

MARK SMITH  |  MONDAY, 18 AUG 2014
... 2010, overall they have not performed well. Reasons for this include lack of incentive for customers to consolidate, competition from specialist providers such as for superannuation and insurance, lack of product awareness, some concern regarding the ...

New report stokes 'Compare the Pair' flames

MARK SMITH  |  WEDNESDAY, 13 AUG 2014
... appropriateness of the modern awards system, with bank-owned funds claiming the system for selecting default funds stifles competition. "Bank-owned super funds are seeking to abolish the safety net and intend to cross-sell their super funds by leveraging ...

Bowen supports lump sum status quo

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... repealed. However, he did not express a strong opinion on the question of whether the awards system should be opened to competition, telling media the issue was "not front of mind." On a more positive note, Bowen expressed strong support for initiatives ...

FSC Conference: Industry urged to prepare for Asia Passport pilot

MARK SMITH  |  WEDNESDAY, 6 AUG 2014
... introduced at the end of this year ahead of a 12 month pilot scheme. Simmons said that while the APEC scheme faces competition from similarly crafted ASEAN and Chinese schemes, as well as the dominant UCITS structure, the Australian government is working ...

New PJC inquiry will "close the loop" on consumer protection

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... the Australian Securities and Investments Commission (ASIC). The inquiry will investigate the implications - both in competition and regulatory cost - of adopting professional standards to govern the professional and ethical behaviour of advisers, as ...

Brogden rejects cross-selling enticement fears

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
... funds to be forced to compete for default superannuation contributions. "Industry funds are afraid of full and open competition for default superannuation," he said. Whether the regulators would be able to enforce SIS Act rules on enticements in this ...

SMSF advisers gear for referrals from accountants

MARK SMITH  |  MONDAY, 28 JUL 2014
... these relationships today as a foundation for future growth," she said. Keeping up-to-date with legislative change and competition remain key challenges for SMSF professionals. Almost half of planners (45.7%) and 30.1% of accountants cited legislative ...