FINANCIAL SERVICES COUNCIL

Funds management

The FSC has opposed further regulation of licensed trustee companies following proposals put forward by CAMAC with regards to charitable trusts....

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Superannuation

New FSC analysis points to declines in employer super contributions in two out of the past three quarters....

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Financial planning

AFA chief executive Brad Fox says the AFA will re-engage with the FSC around churn but that the major insurers must also ante up....

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Life/Risk

Letter from Shorten and consultation with ASIC prompts FSC to reopen moves for self-regulation around churn. ...

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Life/Risk

ASIC will spend the next 12 months focusing intensely on churn, according to the senior executive leader of the financial advisers team, Joanna Bird. ...

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Superannuation

APRA defers key element of SuperStream data collection to second half of next year....

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Superannuation

The Opposition dismisses as “hysterical” the reaction to its decision to extend the phase-in over the SG rise....

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Editorial

ASIC has established new competency standards around RG 146, but Cecilia Storniolo writes that there are many loose ends that need to be resolved before the ground rules ...

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Editorial

With the Federal Budget, end of financial year and Federal Election looming, the financial planning industry is still facing a number of critical legislative loose ends. ...

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Financial planning

The financial services industry is bracing itself for Budget nasties as Treasury summons organisations for Friday talks....

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Superannuation

Wayne Swan and Bill Shorten have decided to end the speculation about what the upcoming Federal Budget brings for the superannuation industry. Money Management spotlights...

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Editorial

Financial planners are going to be fundamentally affected by the Tax Agent Services Act but, as Cecilia Storniolo explains, there will be many unanswered questions almost...

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Financial planning

The Financial Services Council has appointed three new board directors, including Geoff Lloyd, FSC director from 2008-10....

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Financial planning

FSC senior adviser, Cecilia Storniolo has pointed to the differences in treatment between accountants and planners on TASA....

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Superannuation

The financial services industry is calling for a bipartisan approach to the newly announced super changes, with many raising concerns about complexity. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

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

4 months 2 weeks ago

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

6 months 3 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

5 days 2 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

6 days 5 hours ago