FINANCIAL SERVICES COUNCIL

Superannuation

The Assistant Treasurer, Bill Shorten, has signalled the Government may be prepared to compromise on its banning of individually advised advice within superannuation....

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....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 4 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 6 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 4 days ago
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