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...

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...

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 ...

Life/Risk

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

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....

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...

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...

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....

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 ...

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 ...

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...

Financial planning

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

Superannuation

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

Superannuation

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

Financial planning

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

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

6 months ago

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

6 months 1 week ago

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

8 months 1 week ago

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

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 ...

3 weeks ago

Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...

2 weeks 6 days ago