FINANCIAL SERVICES COUNCIL

Financial planning

ASIC's regulatory framework around financial planner education is changing, which means many planners will have to pull their socks up and hit the books. Chris Kennedy re...

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Policy & Regulation

The FPA and AFA will continue to press for amendments to FOFA despite the 12-month implementation period....

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Editorial

Mike Taylor writes that the dissenting reports produced within the Parliamentary Joint Committee reviewing the FOFA bills will ensure the key points are thoroughly debate...

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Life/Risk

The upcoming APRA standards for life insurance companies should be welcomed by the industry as an opportunity to embed better practices, according to PricewaterhouseCoope...

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Life/Risk

Research commissioned by CommInsure and conducted by Newspoll has highlighted the unpreparedness of many Australians when it comes to dealing with a death or a terminal i...

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Financial planning

The Trustee Corporations Associations of Australia has folded into the Financial Services Council to grow its membership base....

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Superannuation

The Federal Opposition has welcomed the FSC's higher corporate governance standards and has vowed to legislate for higher standards if it gains office....

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Superannuation

Freya Purnell takes a closer look at what life after Stronger Super might bring to the superannuation sector....

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Life/Risk

Dealer group Synchron has accused life insurance companies and the Financial Services Council of deeming all discontinued life policies as churn, and presenting figures a...

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Editorial

Mike Taylor writes that the failure of the industry’s critics to distinguish between the failure of product and the failure of advice is continuing to tarnish the reputat...

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Superannuation

Member companies of the FSC will adhere to corporate governance standards higher than many believe are being met by industry super funds....

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Financial planning

The latest Financial Services Council chief investment officer index reveals Europe still acting as a serious drag on sentiment....

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Policy & Regulation

The Financial Services Council has warned against the Government considering FOFA, MySuper and the Productivity Commission review in isolation....

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Superannuation

Two years after APRA advocated better guidance on the appropriate risk levels for investment options within superannuation, concerns have been raised that the industry ha...

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Life/Risk

Different policy proposals are being suggested by the insurance industry to combat churn, but they have not been universally accepted. Who should be responsible for effor...

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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 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 4 days ago

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

3 days 23 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 2 hours ago