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Showing 841 - 850 of 1565 results for "Competition"

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 repealed.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 ...

Banks will struggle to profit from super: Sunsuper CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
... investments. "In other cases they're trying to hide fees so that they can maintain those margins whilst maintaining price competition, but that stuff in unsustainable, and ultimately is discovered. He said some banks are offering what are presented as ...

FEATURE: The metamorphosis of custody

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
Spurred on by intense competition and increasingly exacting clients, custodians are transforming themselves into much more than just custodians. James Fernyhough takes a look at some of the new services they are offering. On the surface, custody looks ...

A BRICS R5 Bank is born

BENJAMIN ONG  |  THURSDAY, 17 JUL 2014
... like the IMF - a development bank that better knows the intricacies of a developing economy. But far from being a competition to the World Bank and the IMF (as some reports make it out to be), the BRICS' R5 New Development Bank should be welcomed as ...

Senate votes against disallowing FoFA amendments

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
... detailing fees and commissions. "This is very good news for consumers because they will be able to benefit from proper competition," Cormann said, and added that the government had succeeded in "removing unnecessary red tape that Labor imposed on the ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
... The need for soundness has to be balanced against the need for efficiency and responsiveness. In this report, we see competition as the cornerstone of a well-functioning financial system. The interim report has two main messages on banking competition. ...