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FINANCIAL SERVICES COUNCIL
Superannuation
The FWC’s default superannuation fund selection process would cost fund members $400 million in unnecessary duplication, according to research commissioned by the FSC....
Policy & Regulation
Moves by the Federal Government to introduce an enhanced register of financial advisers are being backed by the FPA and FSC....
Financial planning
Industry advocate groups have broadly welcomed the Financial System Inquiry (FSI) interim report’s vow to lift the education bar for advisers, but one has questioned the ...
Financial planning
The FSC announces John Brogden has stepped down as Financial Services Council chief. ...
Policy & Regulation
The Senate could disallow the Government’s FOFA changes as early as Monday unless cross-bench and PUP senators can be persuaded otherwise....
Financial planning
The further Senate Commmittee process initiated by the Federal Opposition will simply be another in a long list starting in 2009....
Policy & Regulation
Finance Minister, Mathias Cormann, claims the Opposition’s efforts to create a further Senate inquiry into the planning industry is political opportunism at work....
Financial planning
The FSC said Australian funds managers will gain cross-border access, and the financial services sector will benefit from the Japan Australia Economic Partnership Agreeme...
Financial planning
The Financial Planning Association’s (FPA) response to the Commonwealth Bank financial planning fallout has elicited a scathing retort from the Association of Independent...
Financial planning
The Financial Services Council (FSC) has signed memoranda of understanding (MOU) with Korea to foster financial services trade and investment between Australia and Korea....
Policy & Regulation
The FSC says the Government’s FOFA changes announcement means its time to end the scare-mongering. ...
Financial planning
The financial services sector is dragging its feet when it comes to online business transactions, the Australian Bureau of Statistics (ABS) said....
Superannuation
The Fair Work Commission has formally acknowledged that its default fund selection process has been suspended....
Financial planning
The FSC has won its Federal Court case challenging the make-up of the FWC’s expert superannuation panel....
Policy & Regulation
Lawyers representing the Financial Services Council have asked the FWC president, Justice Iain Ross, to clarify his intentions on the expert panel selecting default funds...
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...