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Showing 1 - 8 of 8 results for "FSI interim report"

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... requirements for advisers and introducing a public register of advisers, both of which have been introduced. The FSI interim report also dedicated a section to retirement income, putting the issue of longevity risk at the top of the agenda. It said that ...

GSA an affordable alternative to DLAs: APRA

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
Group self-annuitisation (GSA) may provide a more affordable alternative to deferred lifetime annuities (DLA) when it comes to dealing with longevity risk, according to the Australian Prudential Regulation Authority (APRA). In its second submission ...

Vertical integration good for consumers, competition: instos

LAURA MILLAN  |  MONDAY, 1 SEP 2014
... for consumers, which ensure strong competition and innovation in the market," AMP said in its response to the FSI interim report. Australia's largest advice provider by number of advisers said that "there is no evidence that 'independent' advice is of ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... MySuper - may take longer. Questions such as compulsory annuitisation - which was given a prominent place in the FSI interim report - are not discussed in this paper. Vamos said ASFA believes "there should be some good, simple defaults, but we're not ...

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
... prepares to drop its compulsory annuitisation policy, in Australia the issue is squarely on the agenda. The FSI interim report has put forward four possible improvements to the currently under-regulated retirement phase. One of these was compulsory annuitisation. ...

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... as a result of the Financial System Inquiry (FSI), recommendations made in the interim report suggest. The FSI interim report dedicated a short section to SMSFs, in which the main issue was the possible introduction of a threshold below which an SMSF ...

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
... "the price of personal advice has often been hidden by opaque price structures and indirect payments." The FSI interim report also dedicated a section to retirement income, putting the issue of longevity risk at the top of the agenda. It stated that ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
... Financial System Inquiry (FSI) chairman David Murray spoke at the National Press Club following the release of the FSI interim report. "Thank you to the National Press Club for the interest you have shown in today's release of the interim report of the ...
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