FINANCIAL SERVICES COUNCIL
Policy & Regulation
Scaled and scoped advice has received undue focus under the Future of Financial Advice (FOFA) legislation, and is a sign of increasing levels of paternalism in legislatio...
Financial planning
Financial advisers are still not addressing longevity risk and having conversations with clients about what they will do if they live too long, according to one speaker a...
Financial planning
The FSC has called for a statute of limitations on group disability claims to help stabilise premium pricing....
Financial planning
ASIC promises comprehensive rebuttal of claims made by a former employee about undue influence in the granting of relief around online calculators....
Financial planning
Recognition for companies and individuals in FSC Life Awards....
Life/Risk
New MetLife/FSC research reveals that tax incentives similar to those applied to health insurance could help bridge Australia’s under-insurance gap....
Financial planning
The president of the Fair Work Commission has rebuffed FSC calls to cease its review of default funds under modern awards....
Editorial
The executive director of the Revenue Group within the Federal Treasury, Rob Heferen, made a very important point to last month’s SPAA conference in Brisbane: any change ...
Policy & Regulation
Several financial services industry bodies throw support behind FOFA amendments tabled in Parliament yesterday. ...
Policy & Regulation
The FSC has obtained legal advice from a Senior Counsel confirming the Government’s FOFA changes will not undermine client best interest or consumer protections....
Financial planning
FSC chief executive John Brogden has written to the FWC president arguing the default fund review process should cease. ...
Superannuation
Just days after standing down two of three superannuation experts over perceptions of conflicts of interest, the Fair Work Commission has decided to proceed on its defaul...
Life/Risk
High levels of under-insurance are raising social security costs, with more than a third having no disability insurance....
Financial planning
Two members of the FWC’s expert super panel have been removed due to perceived conflicts of interest....
Superannuation
The FSC has warned that around 500,000 people could have their superannuation-related insurance impacted by lifting the lost-member super threshold to $6000....
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MARKET INSIGHTS
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...