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Showing 1 - 10 of 14 results for "Financial Services Inquiry"

Updated life code released

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
... FSC has also taken into account feedback from the Parliamentary Joint Committee on Corporations and Financial Services inquiry into the life insurance industry, ASIC reviews, Productivity Commission reports, feedback from consumer advocates and the Royal ...

Complexity of grandfathered commissions overlooked

ELIZABETH MCARTHUR  |  FRIDAY, 27 SEP 2019
... very different." Anderson points out that during the Parliamentary Joint Committee on Corporations and Financial Services Inquiry into the FOFA legislation grandfathering was not the subject of any debate. "A detailed understanding of the history of ...

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
... life insurers in worker rehabilitation through the Parliamentary Joint Committee on Corporations and Financial Services Inquiry, following a March 27 referral from the House of Representatives. Submissions were open until May 4. MLC Life Insurance, in ...

Big four prepared for APRA capital adequacy changes

ALEX BURKE  |  MONDAY, 20 JUL 2015
... approximately $2.3 billion of additional capital," but that this was "largely as expected following the Financial Services Inquiry and is manageable." Finally, Westpac chief financial officer Peter King said that Westpac is "well-placed for this change" ...

Industry needs to act after Trowbridge report failure

ALEX BURKE  |  TUESDAY, 21 APR 2015
... supported adopting the recommendations made in the parliamentary joint committee on corporations and financial services inquiry: degree-level qualifications, 12 months of supervised training and a registration exam following the training period. The ...

CFA appoints Australia head of advocacy

LAURA MILLAN  |  WEDNESDAY, 25 MAR 2015
... president Anthony Serhan said. "The appointment is particularly relevant in the context of the recent Financial Services Inquiry, FOFA and other changes to superannuation in Australia post the GFC," he added. "We are committed to working with the government ...

Reduce corporate tax rate, says Macquarie

JAMES FERNYHOUGH  |  TUESDAY, 8 APR 2014
... wants to become a regional financial services hub, Macquarie Group has argued. In its submission to the Financial Services Inquiry, the bank argued that Australia's current corporation tax rate of 30% was putting it at a competitive disadvantage compared ...

ICAA questions AFSL system, calls for individual licensing

ALICE URIBE  |  TUESDAY, 1 APR 2014
... 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 reference of theA Murray review, the accountancy body said that it would be valuable to review whether ...

ASX calls for Australia-based exchanges

MARK SMITH  |  TUESDAY, 1 APR 2014
The Australian Securities Exchange (ASX) has called for the Financial Services Inquiry to explore introducing requirements for systemically important financial markets infrastructure assets to be placed on-shore. This would grant Australia's policy ...

Actuaries Institute names 2014 president

MARK SMITH  |  WEDNESDAY, 15 JAN 2014
... 2014 include ensuring the profession's voice is heard on the critical issues being considered by the Financial Services Inquiry, offering practical solutions to better manage the social and economic impacts of natural disasters and health funding, as ...
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