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FINANCIAL SERVICES COUNCIL
Financial planning
Both the AFA and FPA have questioned the three-year clawback period outlined in the FSC's new life insurance sales policy. ...
Life/Risk
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...
Policy & Regulation
The regulator has confirmed scaled advice can be provided under best interests duties outlined in Future of Financial Advice changes....
Life/Risk
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,...
Financial planning
ASIC said it is currently unable to provide clarity on some key licensee concerns....
Financial planning
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 ...
Financial planning
FSC chief executive John Brogden has indicated the organisation needs to take a stand to more broadly influence greater economic policy....
Policy & Regulation
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...
Policy & Regulation
The Federal Opposition has declared it will move quickly to repeal the worst elements of the Future of Financial Advice regime....
Policy & Regulation
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...
Policy & Regulation
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...
Financial planning
Operational innovation will help financial services providers remain relevant to consumers in a highly competitive market....
Financial planning
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...
Superannuation
FSC tells Productivity Commission that MySuper obviates the need for involvement of industrial parties in selecting default funds....
Top 100
Many significant players in the dealer group sector have reduced their financial planner numbers, though the industry remains optimistic....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...