FINANCIAL SERVICES COUNCIL

Financial planning

AMP Wealth chief executive, Alex Wade, has called for an industry push to move beyond the focus on face to face advice by opening up digital channels....

Outsider

Outsider has concluded that those organising this year’s Financial Services Council Leaders Summit have taken the view that diversity can trump relevance when it is coupl...

Policy & Regulation

The proposed new single disciplinary system for financial advisers requires further discussion, according to the 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 ...

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...

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...

Policy & Regulation

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

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...

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...

Financial planning

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

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...

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...

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 ...

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....

Superannuation

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

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

6 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

8 months ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

3 weeks 3 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

4 weeks 1 day ago

Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam ...

2 weeks 1 day ago