FINSIA’s response considers the ‘key functions’ set out in the draft Regulator Rules as part of the materials concerning the proposed Financial Accountability Regime, released by APRA and ASIC on 20 July 2023 (and further explained in the accompanying materials).
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FINSIA Submission in Response to the Regulator and Transitional Rules in Financial Accountability Regime (FAR) Register
FINSIA Submission Legislating the objective of super
FINSIA believes there are practical benefits of legislating an objective for the superannuation system including providing certainty for individuals when saving for their retirement and improving the direction to trustees in respect of their duties in governing superannuation funds. FINSIA supports an objective that includes a purpose around equity. This will help ensure that further changes to the superannuation (and retirement income) system will support disadvantaged and less represented groups to maximise their superannuation (or retirement income) benefits.
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While banks and bankers have a responsibility to meet minimum compliance standards across the industry, Suncorp believes that doing the minimum is not nearly enough.
Welcome to the first Insights Review of 2022. As always, the round-up of articles from the world’s top consulting firms made available to FINSIA members through our partnership with ICG is full have fascinating insights and thought leadership.
The Australian Journal of Applied FinanceView all
2019 Issue #3