FSC

Financial planning

Former FSC chief executive, John Brogden, has stated his “greatest concerns have been realised” around advice accessibility, cautioning the QOA review needs bold ambition...

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Life/Risk

The Financial Services Council has commenced operation of an enforceable standard for handling group life insurance claims in superannuation....

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People & Products

Money Management has reviewed this year’s biggest people moves throughout the industry’s numerous financial organisations....

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Financial planning

There is debate among industry associations about the benefits of a ‘rules advisory committee’ as proposed by the Australian Law Reform Commission....

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Financial planning

The Financial Services Council has warned it would be unwise for ASIC to be given greater powers in creating financial services legislation and any steps towards this sho...

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Financial planning

FSC research has found the proposals would help retirees draw down $22.5 billion more from their super and increase life insurance uptake. ...

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People & Products

While there have been improvements to hiring of women in financial services, the next issue to tackle was promotion and retention as women say they have struggled to see ...

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Funds management

A Financial Services Council survey has found that women on average make up only 27% of investment teams....

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Life/Risk

The Financial Services Council has announced further consumer protections for the Life Insurance Code of Practice. ...

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Life/Risk

Less than 10% of life insurance advice is placed without commission, according to the Financial Services Council, and thousands more of Australians would be able to obtai...

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People & Products

The Council of Australian Life Insurers, the group of insurers who split off from the Financial Services Council to form its own organisation, has appointed a chief execu...

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Superannuation

The Financial Services Council has called for the Government to recognise superannuation with a clear and simple objective....

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Policy & Regulation

Organisations have welcomed the introduction of legislation for the Compensation Scheme of Last Resort but raised questions why managed investment schemes were excluded....

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Financial planning

The Financial Services Council has set out guidance for fund managers to ensure they are acting on climate change risk and providing accurate information to consumers and...

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People & Products

The Financial Services Council has announced the appointment of Renato Mota, chief executive of Insignia Financial and Alison Telfer, country head for asset management Au...

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Never miss the latest news and developments in wealth management industry

Simon J

What do you think the motivation is behind this broadly worded legislation Peter? Is it to make it harder for retail ...

16 hours ago
PETER JOHNSTON- AIOFP

The FSC should have thought about this when they cooperated with O'Dywer/Frydenberg/Hume/FPA/AFA 10 years ago when this...

18 hours 57 minutes ago
Simon J

Sick of it. Canberra is a joke....

19 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 3 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months ago