FINANCIAL SERVICES COUNCIL

Superannuation

Former Financial Services Council policy executive and newly-elected NSW Liberal Senator, Andrew Bragg has pointed to vested interests in the superannuation industry and ...

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Financial planning

The Financial Services Council has called on the Government to use a review of the Tax Practitioners Board to align and streamline the financial planner regulatory regime...

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Financial planning

Greater transparency will help address anomalies in the way in which superannuation fund salaried financial advisers are paid from administration and investment fees, acc...

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Policy & Regulation

The Australian Labor Party has spread the focus on financial services across three members of its Shadow Cabinet team....

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Policy & Regulation

Industry bodies have applauded the Government’s appointments to the Treasury, stating it is a ‘clear indication’ of the strategic focus being placed on financial services...

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Policy & Regulation

The Financial Services Council has urged the Federal Government to consult on its post-election agenda, while calling for a single regulatory regime for financial adviser...

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Financial planning

The Financial Services Council has welcomed new legislation aimed to provide more protection for consumers from poor financial products....

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People & Products

Three new faces have joined the Financial Services Council board, at the same time as long-serving deputy chair Brad Cooper makes way for David Bryant to take up the role...

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Policy & Regulation

The financial services industry has delivered the Budget a muted response in circumstances where the Treasurer, Josh Frydenberg, had announced most of the Government’s fi...

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Life/Risk

The attitude of politicians from both the major parties has made clear that life/risk advisers will have to fight hard to retain commission-based remuneration beyond the ...

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Policy & Regulation

The Financial Services Council has received a clear message from the Government that it needs to make its Life Insurance Code of Conduct enforceable....

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Superannuation

The Australian Prudential Regulation Authority has warned of margin compression resulting from insurance in superannuation changes....

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Policy & Regulation

The Financial Services Council has called on the Government to finally act on tax relief allowing consumers to be rolled out of legacy financial products....

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Superannuation

The Financial Services Council has welcomed the Senate’s passage of superannuation bills which will reduce fees charged on low balance MySuper accounts....

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Financial planning

Legislation to implement the recommendations of the Banking Royal Commission should be treated with diligence and rigor, according to Financial Services Council chief exe...

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 8 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 9 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week 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 ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago