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Regulatory

Challenger negotiates Care Annuity compromise

JAMES FERNYHOUGH  |  THURSDAY, 18 DEC 2014
The Department of Social Services (DSS) has backed down from its plan to change the way it assesses current holders of the Challenger Care Annuity.

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 8 DEC 2014
In the latest edition of Financial Standard we revisit the big issues that affected the financial services industry this year.

SPECIAL REPORT: Financial System Inquiry

ALICE URIBE  |  MONDAY, 8 DEC 2014
Catch up on Financial Standard's comprehensive coverage of the Financial System Inquiry's final report.

Labor asks for bipartisan consensus on FSI super issues

LAURA MILLAN  |  MONDAY, 8 DEC 2014
Shadow Treasurer Chris Bowen asked the government to work with the opposition to reach "bipartisan consensus on the objectives of the superannuation system," following the release of the Financial System Inquiry (FSI) final report.

Former Moody's analyst guilty of insider trading

MARK SMITH  |  MONDAY, 8 DEC 2014
A former Moody's analyst has pleaded guilty to passing on inside information which enabled a friend to make more than $180,000 trading shares.

Murray calls for end to LRBAs

ALICE URIBE  |  SUNDAY, 7 DEC 2014
The Murray Inquiry has recommended that government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation funds.

Make financial firms more accountable for products: FSI

ALICE URIBE  |  SUNDAY, 7 DEC 2014
Making financial firms more accountable for the design and distribution of products and giving the Australian Securities and Investments Commission (ASIC) increased powers to safeguard consumers were central recommendations in the final report of the ...

Murray calls for ASIC to have more money and power

MARK SMITH  |  SUNDAY, 7 DEC 2014
The Australian Securities and Investments Commission (ASIC) should be given greater powers and more money to do its job.

Murray's FSI: consumers win round one

ALEX DUNNIN  |  SUNDAY, 7 DEC 2014
Everything is political and especially so with the super-charged high stakes poker game on display in the Financial System Inquiry where the battle lines were quickly drawn between financial product providers versus consumers.

Banks should hold more capital: Murray

AAP  |  SUNDAY, 7 DEC 2014
Australian banks should be forced to hold more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found.