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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

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

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

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

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ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

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The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

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While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

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