Both the AFA and FPA have questioned the three-year clawback period outlined in the FSC's new life insurance sales policy. ...

Financial Services Council chief executive John Brogden has announced a new life insurance sales policy revolving around the clawback of commissions if a policy lapses in...

The regulator has confirmed scaled advice can be provided under best interests duties outlined in Future of Financial Advice changes....

Australia's major life insurers need to jointly develop a dictionary of common data terms and descriptors, according to the chief executive of major insurer, TAL Limited,...

ASIC said it is currently unable to provide clarity on some key licensee concerns....

Financial planners and their clients have to supplant platform providers and fund managers as the price setters in the advice equation, according to Colonial First State ...

FSC chief executive John Brogden has indicated the organisation needs to take a stand to more broadly influence greater economic policy....

The Minister for Financial Services, Bill Shorten, has predicted that few of the financial services reforms implemented by the Gillard Government will be amended or repea...

The Federal Opposition has declared it will move quickly to repeal the worst elements of the Future of Financial Advice regime....

Australia's two financial services regulators have acknowledged the level of stress and uncertainty being experienced by financial services companies as a result of the G...

FSC chairman Peter Maher has raised concerns about the industry's ability to comply with FOFA and MySuper in the available deadlines when definitions are still not availa...

Operational innovation will help financial services providers remain relevant to consumers in a highly competitive market....

There has been a clear downward trend in superannuation fees over the past decade, with advice fees having also decreased, according to the latest Rice Warner Actuaries r...

FSC tells Productivity Commission that MySuper obviates the need for involvement of industrial parties in selecting default funds....