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FINANCIAL SERVICES COUNCIL
Superannuation
Superannuation funds will soon have to provide consumers with greater transparency around investment risk with the introduction of a new industry guideline....
Superannuation
The 2011-12 financial year will see significant reforms impacting the entire financial services industry, while the Government has recognised strategy as the most importa...
Editorial
Many financial planners have lost faith in the Federal Government’s willingness to inject balance into FOFA and, as Mike Taylor writes, this attitude was not helped by re...
Policy & Regulation
The Assistant Treasurer, Bill Shorten, has claimed the balance of FOFA is right and has urged the financial services industry to support a super guarantee increase based ...
Financial planning
Providers of superannuation products and simple managed investment schemes will have just over a year to adapt to new Product Disclosure Statement (PDS) requirements, und...
Financial planning
The happy days of all-expenses-paid trips and free tickets to the country's top events will end should certain Future of Financial Advice reforms relating to soft dollar ...
Policy & Regulation
More than 90 per cent of financial planners responding to a Money Management survey believe that the Government's current Future of Financial Advice (FOFA) changes will h...
Financial planning
Financial services delivers mixed response to Budget measures....
Policy & Regulation
Money Management wants to know how you feel about the proposed FOFA changes....
Editorial
With the Government’s release of its Future of Financial Advice proposals, Mike Taylor writes that the financial planning industry now has a tangible target at whic...
Life/Risk
The recent natural disasters have highlighted the importance of insurance but, as Janine Mace discovers, the industry has a lot to do to tackle the underinsurance issue....
Policy & Regulation
A ban on risk commissions within superannuation has been one of the main areas of concern resulting from the Government's FOFA package....
Editorial
Amid the heated debate about standard definitions for general insurance, Tim Browne asks whether the same approach should be used in the life insurance arena....
Financial planning
The Financial Services Council has confirmed transitional arrangements on volume rebates involving the grandfathering of those existing before 30 June, 2012....
Financial planning
The Treasury's two 'best interest' duty options, offered up to the Future of Financial Advice Peak Consultation Group for discussion, have been met with a mixed response....
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MARKET INSIGHTS
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...