FINANCIAL SERVICES COUNCIL

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...

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...

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 ...

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...

Policy & Regulation

The Financial Services Council has recommended the two regulators must collaborate on information, documentation, and data requests and collection....

Policy & Regulation

Accountants, doctors and other should be excluded from the coverage of claims handling as a financial service and insurers should be allowed to continue giving ‘factual s...

Financial planning

Australians who have lost their life insurance policy details in the bushfires can contact the Financial Services Council for help....

Superannuation

The Financial Services Council has urged caution on the use of the Australian Prudential Regulation Authority’s proposed heatmapping exercises when making comparisons bet...

Superannuation

Financial Services Council chief executive Sally Loane has called on policymakers to implement a ‘default once’ system to help superannuation members maintain a single ac...

Life/Risk

The Financial Services Council has released ground-breaking new data revealing the impact of mental health on TPD claims....

Financial planning

Insurance firms should be prevented from pressuring people to buy products over the phone, according to the Financial Services Council. ...

Financial planning

The Financial Services Council has thrown its support behind extending Unfair Contract Terms regime to life insurance....

Financial planning

There is an urgent need to end the regulatory overlap between the Tax Practitioners Board and the Financial Adviser Standards and Ethics Authority, according to the Finan...

Financial planning

Advisers have an opportunity to educate New Zealanders that life insurance is vital, according to the Financial Services Council of New Zealand....

Financial planning

The Assistant Minister for Superannuation, Financial Services and Financial Services Technology, Senator Jane Hume has again stopped short of giving any undertaking on ex...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 3 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 5 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 3 days ago
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