FINANCIAL SERVICES COUNCIL

Financial planning

Australian consumers say they are more likely to seek retirement advice from a financial adviser or their super fund, the FSC reveals, demonstrating a distrust of governm...

Funds management

The Financial Services Council says the sophisticated investor test needs to be updated to protect consumers....

Financial planning

While the FSC largely supports the final tranche of Delivering Better Financial Outcomes reforms, the FAAA is “deeply concerned” about possible negative implications of t...

Financial planning

Financial Services Council chief executive, Blake Briggs, has shed a light on the need for industry body consolidation and how meaningful engagement between groups has br...

Superannuation

Unveiling the 2023 Intergenerational Report, Treasurer Chalmers has called the retirement phase of super the government’s next frontier and flagged further consultation t...

Financial planning

Individual investors in New Zealand are steering clear of investment with higher potential risk/return with only 13% looking to areas such as cryptocurrency....

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Expert Analysis

The financial services industry says a regulatory overhaul could rejuvenate the advice industry and technology could achieve the same result, writes Andrew Zietara....

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Financial planning

The Financial Services Council is calling on the Australian Securities and Investments Commission to include a 12-month transition period for licensees to adjust to chang...

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Features

2022 is set to have less compliance and regulatory activity, writes Zach Castles, leaving advisers with more time to focus on helping consumers and improving their busine...

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Financial planning

The Association of Financial Advisers has welcomed the release of the Financial Services Council white paper that proposed recommendations to reduce the cost and time inv...

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Financial planning

The Financial Services Council says the expansion of the scope and length of the committee will help Australia become a technology and finance centre....

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Life/Risk

Plaintiff law firm Maurice Blackburn says the major life insurers have been shown to have been persistently ignoring their own code of conduct by a report from the Life C...

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Policy & Regulation

Experience in the United Kingdom suggests it may be a lot more expensive to recruit and retain senior executives under the Government’s proposed new Financial Accountabil...

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Policy & Regulation

The Federal Treasurer, Josh Frydenberg has stopped short of restating the Government’s promise to increase the superannuation guarantee, preferring to say that it has no ...

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Financial planning

The Financial Services Council has canvassed the imposition of capital requirements on advice licensees as part of any compensation scheme of last resort at the same time...

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MARKET INSIGHTS

JohnM

Why would you do that for? It would be a case of the same circus, different clowns....

4 hours 58 minutes ago
Noah Elshin

So much value destruction. And where is Board accountability? Will John Abernethy ever go to save the company?...

2 days 3 hours ago
Shareholder

Get rid of the rest of the old guard to clean up the culture, then you might have a chance....

6 days 1 hour ago

Insignia Financial has unveiled a new operating model and executive team, including a new head of advice, while three senior executives are set to depart the licensee....

1 week ago

ASIC has obtained interim orders from the Federal Court to freeze the assets of a registered managed fund and prevent its former director from leaving Australia. ...

4 weeks ago

The $280 billion Australian Retirement Trust is the first superannuation fund off the block to report its performance for the 2023-24 financial year....

2 weeks 3 days ago