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Showing 1 - 10 of 33 results for %22Australian Government Competition Policy Review%22

UK to overhaul advice affordability, access

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... FCA have published today will explore how we can achieve exactly that." In facing similar challenges, the Australian government handed down its first phase of financial advice accessibility reforms on December 7. The Delivering Better Financial Outcomes ...

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
Grattan Institute has warned the government against watering down the Your Future, Your Super reforms, saying it should instead focus on implementing the remaining recommendations of the Productivity Commission. In its submission, Grattan Institute ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... proposals paper to open new affordable advice pathways for consumers." "The onus is on industry, consumer groups and government to support the evolution of the simpler regulatory framework while maintaining necessary consumer protections." Meanwhile ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
... directed the ALRC to undertake the review with the findings of the Royal Commission, Australian Government Competition Policy Review, Financial System Inquiry, Treasury's 2017 ASIC Enforcement Review Taskforce and the Productivity Commission's 2014 report ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
The Financial Services Council (FSC) has called on the government to implement a two-year trial of a scalable advice model, in a bid to increase access to affordable advice to Australians at a time when they need it most. The COVID-19 crisis has seen ...

New Year, new APRA

ALLY SELBY  |  FRIDAY, 20 DEC 2019
... regulatory agencies throughout the year particularly those within the Council of Financial Regulators (CFR) including the Australian Securities and Investments Commission (ASIC), The Reserve Bank of Australia (RBA) and Treasury," it said. "However APRA ...

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... panel to help shape the report, and said ASFA would take the review as an opportunity to build on the great foundation Australian's already enjoyed through the super system. "Our superannuation system is consistently ranked as one of the top systems ...

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... Royal Commission's final report, the Productivity Commission's final report on superannuation and competition in the Australian financial system, IMF's Financial Stability Assessment of Australia and APRA's own internal enforcement review. "The panel ...

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
The Federal Government has appointed a former Australian Competition and Consumer Commission chairman to lead a capability review of the Australian Prudential Regulation Authority. Responding to the Royal Commission's final report into Misconduct ...

FinTech Australia chair steps down

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
... be working with the various government inquiries into competition in financial services, along with the Australian Government's Royal Commission, on this issue."
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