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Showing 971 - 980 of 1798 results for "Regulation 2014"

CBA asks Murray inquiry to remove super from awards

LAURA MILLAN  |  TUESDAY, 1 APR 2014
Commonwealth Bank (CBA) is asking the Financial Systems Inquiry to remove super from awards and to amend legislation so employers can select any MySuper product as the default fund for their employees. In a submission to the Murray inquiry, CBA said ...

FEATURE: Facing the perfect storm

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
Australia's life insurance sector has experienced an increase in claims and policy lapses in the last few years. The confluence of factors pressuring the group and retail insurance market has created a perfect storm that has seen insurers' profits plummet. ...

Wealth management sector key to Australian growth: Deloitte

MARK SMITH  |  THURSDAY, 27 MAR 2014
The wealth management sector is among the list of top five most important industries to lift Australia's growth trajectory over the next 20 years, according to new research from professional services firm Deloitte. Along with gas, agribusiness, international ...

FoFA uncertainty presents good buying opportunity

JAMES FERNYHOUGH  |  THURSDAY, 27 MAR 2014
The uncertainty over the regulation of financial advice over recent years has presented small cap investors with a good buying opportunity, according to NovaPort Capital portfolio manager Sinclair Currie. After weeks of continued debate over the Future ...

Market Wrap AM

AAP  |  WEDNESDAY, 26 MAR 2014
... Kong while RBA deputy governor Philip Lowe gives introductory comments to the Centre for International Finance and Regulation (CIFR) conference in Sydney. Meanwhile, the RBA releases its Financial Stability Review. Nufarm is expected to post first half ...

FoFA freeze a consequence of pro-consumer campaign: Silk

LAURA MILLAN  |  MONDAY, 24 MAR 2014
AustralianSuper chief executive Ian Silk said that Senator Mathias Cormann's decision to freeze the Future of Financial Advice (FoFA) regulation is a consequence of "a surprisingly strong campaign" against "elements" that were pushing the legislation ...

Cormann freezes FoFA amendments

MARK SMITH, ALICE URIBE  |  MONDAY, 24 MAR 2014
Finance Minister Mathias Cormann will temporarily pause its plans to push the Future of Financial Advice (FoFA) reforms through parliament. Cormann spoke to a number of media outlets and said that he wanted to consult key stakeholders including the ...

International capital requirements could cripple insurers

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
The Global Federation of Insurance Associations (GFIA) has rejected the G20 proposal that top insurers hold more capital from 2019 to cover potential to the financial system. The GFIA held meetings this week with Australian officials in Canberra, ahead ...

Labor hopes to disallow FoFA amendments

JAMES FERNYHOUGH  |  THURSDAY, 20 MAR 2014
The amendments to the Future of Financial Advice (FoFA) reforms may yet be blocked by the Senate, even though they will initially be pushed through as regulations rather than legislation, according to opposition spokesperson for superannuation and financial ...

Government limits general advice exemption in FoFA amendments

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... will report to the government in the next 12 to 18 months. The government has left the door open to introduce limited regulation "to address future remuneration structures that may be inadvertently captured by the ban on conflicted remuneration," the ...