FSC

Superannuation

The Financial Services Council has welcomed the bipartisan support for the Retirement Income Covenant and Corporate Collective Investment Vehicle....

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Financial planning

The Financial Services Council is hoping the Quality of Advice review will chart the course to end two decades of regulatory encroachment on the advice industry....

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Policy & Regulation

Greater oversight from the corporate regulator of financial and compensation arrangements will reduce unpaid determination risk and ensure the CSLR operates as a genuine ...

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Superannuation

Despite questions being raised about the appropriateness and accuracy of the prudential regulator’s heatmaps, they do underscore the importance of advice, the Financial S...

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People & Products

Deputy chief executive, Blake Briggs, has been appointed as acting CEO of the Financial Services Council as Sally Loane steps down on 23 December, 2021....

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Life/Risk

The enforceable standard will remove 87% of all occupational exclusions and occupation based restrictive disability definitions that currently exist in the industry by 1 ...

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People & Products

Scott Hartley, AMP Australian Wealth Management chief executive, has been appointed to the Financial Services Council board of directors along with Challenger executive, ...

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Policy & Regulation

The Corporate Collective Investment Vehicle will reduce tax barriers for Australian fund managers, while the retirement income covenant will require superannuation funds ...

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Editorial

Financial services associations will all have a new look in 2022 but is there a need for so many different ones?...

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People & Products

Bell Asset Management chief executive, Nick Fels, has been appointed as a board director by the Financial Services Council....

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People & Products

The Financial Services Council chief executive, Sally Loane, will step down from the role at the end of the year after seven years at the helm....

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Financial planning

The Association of Independently Owned Financial Professionals is “cynical” of the Financial Services Councils’ recommendations and believe there are flaws....

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Financial planning

The advice group supports many of recommendations of the white paper but has questioned the motives of the Financial Services Council and whether risk advisers should tru...

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Financial planning

Simplifying advice costs and tackling the difference between ‘advice’ and ‘general information’ are steps that will be a “giant leap forward” for the advice industry, acc...

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Financial planning

The ‘White Paper on Financial Advice’ has received industry support from the Financial Planning Association of Australia who say it is aligned with the association’s poli...

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Never miss the latest news and developments in wealth management industry

Chris Cornish

If an adult signs a form stipulating a payment to occur, that should be the end of the matter - no need for the governme...

38 minutes 9 seconds ago
PETER JOHNSTON- AIOFP

Commissioner Hayne recommended Consent Forms to stop Bank Executives [not Advisers] illegally taking fees out of consume...

57 minutes 21 seconds ago
Chris Cornish

If a member is in pension phase they should have full access to their funds. Ergo, if they sign a withdrawal form every ...

1 hour 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