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Showing 841 - 850 of 1726 results for "Provisio"

Federal Budget is a Ginger Spice

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
The Government has handed down a "Ginger Spice" rather than a "Scary Spice" of Budgets this year, according to IOOF head of technical services Martin Breckon. Explaining himself, Breckon said the Budget appeared to be designed to avoid any comparisons ...

What the 2017 Budget means for you

DARREN SNYDER  |  TUESDAY, 9 MAY 2017
The entire wealth management and financial services sector will be impacted by the 2017 Federal Budget, a document that's received mixed reviews and needs caution in its digestion. Financial advisers will face several challenges as they attempt to navigate ...

Government fintech agenda spotlights microbanking

ALEX BURKE  |  TUESDAY, 9 MAY 2017
The Federal Government will open the doors to disruption in the banking sector as part of changes to its revised fintech investment agenda. The 2017-18 Budget includes provisions for newer entrants into the banking industry, including the relaxing the ...

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
New reporting measures to increase accountability for authorised deposit-taking institutions and their executives will be introduced by the Federal Government. The Australian Prudential Regulation Authority (APRA) has been allocated $28.6 million over ...

Asia-Pacific needs more retirement income specialists: Milliman

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
Populations in East Asia and the Pacific are ageing faster than other regions in the world but many nations are yet to develop comprehensive retirement income systems. Global consulting and actuarial firm Milliman said across the Asia-Pacific consumers ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
The government is launching yet another inquiry that will investigate the level of competition across Australia's financial system. The Productivity Commission has been tasked to deliver better outcomes for consumers and small businesses, as well as ...

Super associations unite to warn against 'political panel'

EMMA RAPAPORT  |  MONDAY, 8 MAY 2017
Industry associations across financial services have warned against the introduction of a government-appointed panel to select the eligibility of superannuation products for employer or employee choice. In various submissions to the Productivity Commission's ...

Super insurance must be standardised: ISWG

KARREN VERGARA  |  FRIDAY, 5 MAY 2017
The Insurance in Superannuation Working Group is pushing to standardise how super funds communicate life insurance information to members. In its third discussion paper released today, the working group highlights three in ten Australians have no clue ...

AUSTRAC launches tool to help advisers fight terrorism

ALEX BURKE  |  TUESDAY, 2 MAY 2017
Financial intelligence agency AUSTRAC is releasing a guide to help financial advisers combat serious financial crimes, including financing for terrorism. The guide follows on from the report AUSTRAC released in December last year which determined there ...

Millennials' financial heartache drives P2P lending

EMMA RAPAPORT  |  THURSDAY, 27 APR 2017
Poor rates on savings accounts, pricey property, and stock market volatility is leading an influx of millennial money to peer-to-peer lending. According to P2P lending platform RateSetter, millennials are coming in droves to seek out alternatives to ...