Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 871 - 880 of 1565 results for "Competition"

Bring in Chilean-style super tender process: Grattan Institute

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
The government should get involved in picking default superannuation funds in order to increase competition and bring down fees, a Grattan Institute report has argued. The report, entitled 'Super sting: how to stop Australians paying too much for superannuation' ...

FEATURE: Re-imagining Australia's financial future

STAFF WRITERS  |  THURSDAY, 24 APR 2014
... agenda, the government intends to reduce the regulatory burden on the financial services sector wherever the benefits to competition, efficiency, market stability or consumer protection are questionable." Shortly after in December Hockey released the ...

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
... made the removal of superannuation from the modern awards system its top priority and argued that it would improve competition among super funds, which in turn would benefit members. Under the current regime, employers must choose a default super fund ...

Super fund custody 'fee holidays' revealed

JAMES FERNYHOUGH  |  TUESDAY, 22 APR 2014
Custodians have been offering their services to superannuation funds for free in a move to undercut the competition. Financial Standard understands that Citi, for example, provided an 18-month fee holiday to HOSTPLUS, whose business it won from J.P. ...

ASIC eyes fee for service funding model

LAURA MILLAN  |  TUESDAY, 8 APR 2014
... encourage self-regulation and co-regulation." The 273-page document also suggests amending the ASIC Act 2001 to include a competition objective. It proposes measures to encourage product providers to increase the choice of superannuation products, to ...

Market Wrap

AAP  |  FRIDAY, 4 APR 2014
... manufacturing operations on the east coast. Toll roads operator Transurban had added three cents to $7.29 after the competition watchdog said it would not oppose the proposed purchase of several government-owned Brisbane roads by a Transurban-led con ...

Life insurers need more 'wise old heads': APRA

JAMES FERNYHOUGH  |  THURSDAY, 3 APR 2014
... Focusing on the claims crisis currently facing the group insurance industry, Laughlin explored a number causes, including competition driving premiums too low, changing social attitudes toward mental health, and the role of lawyers. But he also said ...

Prescriptions galore

BENJAMIN ONG  |  THURSDAY, 3 APR 2014

Bank complaints over TV ads seek to "stifle" competition: ISA

LAURA MILLAN  |  WEDNESDAY, 2 APR 2014
... deputy chief executive Robbie Campo told Financial Standard that "the bank-owned retail funds are seeking to stifle competition on the basis of net returns." Campo argued that the 'Compare the Pair' campaign informs fund members and the community in ...

ICAA questions AFSL system, calls for individual licensing

ALICE URIBE  |  TUESDAY, 1 APR 2014
... advisers operating under the Australian Financial Services Licences (AFSLs) of institutions could result in a decline of competition and unsound financial advice for consumers. In its submission to the Financial Services Inquiry (FSI) on the terms of ...