FINANCIAL SERVICES COUNCIL

Superannuation

The Productivity Commission has denied its final report mirrors a submission endorsed by Financial Services Minister Bill Shorten, and has pointed to key points of differ...

image
Superannuation

Key sections of the financial services industry have lamented the Productivity Commission's failure to open up the default funds arena to more competition by removing man...

image
Editorial

On all the available evidence, the financial services industry is well on its way to finding a remuneration formula capable of meeting both the Government's requirements ...

image
Life/Risk

Senior life/risk executives have told a Money Management roundtable that identifying real churn requires a closer understanding of lapse rates....

image
Editorial

With Baby Boomers starting to enter retirement, there is a growing realisation that retirement incomes products are insufficient and in need of an overhaul....

image
Editorial

A Money Management/Association of Financial Advisers forum dealing with the Financial Services Council’s framework on life/risk remuneration uncovered strong feelings and...

image
Life/Risk

The three-year responsibility period proposed by the Financial Services Council for advisers to retain commissions on risk policies sold could negatively impact the value...

image
Superannuation

Nearly four years after an initial ministerial request, APRA is moving to deliver fund-level super data while the AIST worries about a new standard risk measure....

image
Life/Risk

Regardless of the final shape of the FSC's proposed risk insurance framework, significant change is inevitable for the businesses of risk advisers, according to Guardian ...

image
Life/Risk

Financial Services Council chief executive John Brogden has defended the FSC's position with regards to a controversial insurance commission policy, but apologised if it ...

image
Superannuation

The Financial Services Council has hit back at Industry Super Network criticism of its superannuation governance policy, claiming it adopts the highest standards availabl...

image
Financial planning

The Federal Treasurer, Wayne Swan, will outline the Government's position at a Financial Services Council breakfast next Friday....

image
Superannuation

Government's Super Roundtable told lifting superannuation guarantee to 12 per cent will significantly reduce retirement incomes shortfall....

image
Superannuation

Financial Services Council tells Productivity Commission the Government's preferred approach on default superannuation funds is based on incorrect information....

image
Financial planning

Readers have an opportunity to participate in next week's AFA/Money Management life/risk breakfast via webcast....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

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 2 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. ...

4 days 14 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. ...

5 days 17 hours ago